Why do people get so IR8 re: gas prices?
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Date: September 22nd, 2023 1:53 AM Author: Violent menage
Every $1 rise in gas prices is probably around a $1K hit to the disposable income of a normal median family. On a median household income of $60K you are talking 2% of post tax income and probably 3% of post tax, post housing income.
Given a $2 increase since Biden took office you’ve taken away 6% of purchasing power before even considering inflation
(http://www.autoadmit.com/thread.php?thread_id=1887096&forum_id=2#46828529) |
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