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Old 02-25-2012, 11:09 PM   #178 (permalink)
jamesqf
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Quote:
Originally Posted by suspectnumber961 View Post
-In 2011, U.S. households spent a whopping 8.4% of their incomes on gasoline. That percentage has approximately doubled over the past ten years.
I filled up the Insight the other day for about $35. That'll take me more than 700 miles, and last a month or two. Now if that was 8.4% of my income, I'd be making a bit over $400/month - and my actual income has at least another zero on the end.

So why are so many Americans still paying such a large fraction of their incomes for gas? Surely anyone but the terminally ignorant has seen this coming for years - decades if you go back to the Arab oil embargo of the '70s. Is it just that they refuse to deal with reality? And if so, why should I sympathize?
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