Thursday, September 11, 2008

Gas Prices

How much has the price of a gallon of gas affected our daily lives? Do you car pool? Do you stay home more? Did you skip a vacation? Trade that big SUV or Truck for a compact?

I think we were spoiled after the 1st gulf war because gas prices stayed around $1 a gallon for TEN years! That's incredible for anything not to go up in price for that long. However, the war has to be paid for somehow. What most people don't understand is that by raising fuel prices, the taxes that are generated into income for the US is remarkable. The war costs billions. We are paying for 2 wars and still we go out to ballgames, buy our video games, our kids wear $60-$100 shoes. Is our money tighter? Yes. Are we really on hard times? No.

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