To: Rte66
" ... Gas was at 7.2% of consumer spending 20 years ago--but it is at only half that rate today (3.7%). As a slice of the U.S. GDP, gasoline is down by a third, to 3%."I don't have access to our GDP. I only know that spending on gas and heating products has more than doubled in the last five years.
Posting those numbers is for analysts and people who have millions of dollars so they don't feel guilty about all the waste they create. I have seriously felt the crunch and I drive good mileage cars. Gasoline demand in the U.S. has gone up because people with lots of money don't care if they drive a car that only gets 12 mpg. Too bad for the little folks - they'll just have to suffer.
20 posted on
07/11/2006 4:23:41 AM PDT by
raybbr
(You think it's bad now - wait till the anchor babies start to vote.)
To: raybbr
Do I detect some class envy in your post? You could buy oil company stocks you know.
24 posted on
07/11/2006 5:08:22 AM PDT by
SVTCobra03
(You can never have enough friends, horsepower or ammunition.)
To: raybbr
Gasoline demand in the U.S. has gone up because people with lots of money don't care if they drive a car that only gets 12 mpg. That's terrible! People with money buying the things that they want. What, do they think this is America?
34 posted on
07/11/2006 6:35:56 AM PDT by
Toddsterpatriot
(Why are protectionists so bad at math?)
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