On Sat, 19 Jan 2019 13:34:40 -0500, Derald <
der...@invalid.net> wrote:
>Yeah. When smokes went up to 35¢ in vending machines, I was "gonna
>quit" if they hit a half-dollar. Right. Didn't quit 'til 1997. Gas
>and cigs were well past 50¢ by then. Few days ago, Wife and I felt
>fortunate to "save" on premium fuel at less than $3.
According to a couple of online CPI calculators, US$0.50 in 1974 is
equivalent to US$2.66 in 2018. Also, most states have raised the gas
taxes significantly since then. So I guess US$3.00/gallon doesn't seem
all that outrageous to me.
Dennis (evil)
--
My output is down, my income is up, I take a short position on the long bond and
my revenue stream has its own cash flow. -George Carlin