Posted on 05/15/2008 12:25:49 PM PDT by drbasketball
...the Bureau of Labor Statitics did state in their report that the price of gasoline was up, but when it came time to record the price change for gasoline in their seasonally adjusted index, they reorded a decline in the price of gasoline. Here’s the BLS in their own words:
"On a seasonally adjusted basis, …the transportation index declined 0.7 percent in April, reflecting a 2.0 percent decrease in the index for gasoline"...Here’s the real scoop from The Daily Fuel Gauge Report from the Automobile Association of America that, today, put things into perspective with their announcement that in April gasoline prices were up 11.5% from its price of $3.39 a gallon a month earlier...
(Excerpt) Read more at nationaleconomist.com ...
“seasonally adjusted basis”
They never seem to define that phrase. Considering gas is higher than ever before it is impossible to say that it is down in any sense.
Stop whining like a liberal.
Gas is only high relative to what it was two years ago when it was dirt cheap. This weekend I have to drive to a place on Long Island about 40 miles from my home in NJ. The tolls will cost me $18 which is about double what the gas will cost me for the round trip.
ML/NJ
It’s managed to come back to being the economy stupid.
In November, people will say McCain wasn’t conservative enough, but that won’t be it. President Obama will tell the people all those new taxes on rich people will make their personal economies better.
Stand by.
“Stop whining like a liberal.”
That’s funny. So, will you be whining like a conservative when Obama is elected?
“Stop whining like a liberal.”
You sounds like a nasty Communist: “Shut up and take it!”
If our founding fathers ever took that whimpy wet-noodle approach this country would never have been born. Go cower in a corner where you belong, the rest of us adult Americans will be upset when we are price gouged.
Psh. Cut ml/nj some slack. It’s bad enough living in New Jersey as it is. The tolls start after you cross the Potomac into Maryland, traveling northbound, and yes, having driven to Jersey before, the tolls are pretty bad.
ah, Joisey. I got it. He’s just crabby by nature. Living in a liberal world can do that to a fella.
Driving to Nashville is fun. Driving to Jersey and Philly is not so fun, thanks to the tolls. Plus, at least the folks in Tennessee have the good sense to control the deer population so I don't end up with deer hitting my car on a major road in the middle of a large university campus.
Gas is high relative to the fact that my income has not increased at the same rate.
Thank a Democrat controlled Congress and Republicans desperate to emulate them.
And you write rather ignorantly, don't you?
Gas was a quarter when I started driving in 1963. (Those were real quarters. The government didn't start counterfeiting quarters until 1965.)
The bridges to Long Island were also a quarter then. Today they are $5. Increase 20x.
Five weekday copies of the NY Times also cost a quarter in 1963. Today those five copies will cost you $6.25 (if you're foolish enough to buy them). Increase 25x.
A hot dog at a major league ballpark was also a quarter. Good luck finding one today for under five bucks. Increase 20x.
Some things cost more than a quarter.
The house I grew up in went for $36,500 in 1967. Last year teardowns in that neighborhood went for $1.1 million. Increase 30x.
The Social Security Employer/Employee maximum in 1963 was $174. This year it's $6045. Increase 34x. (Think $8.50 for gas.)
Gas at $3.75 is a 15x increase. Of course, these things haven't increased really. It's the "dollar" that has decreased in value.
BTW, there was NO NEW YORK STATE SALES TAX in 1963. Today I think its eight per cent.
Open your eyes. The political class is screwing us, and they would rather divert the attention of the unwashed.
ML/NJ
ML/NJ
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