Quote:
Originally Posted by charlie1
Read this in yesterdays parade magazine. I guess we don't have it so bad after all! We get more value from our gas, despite the cost being high, than people did in 1950.
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According to the dept. of labor statistics, one dollar today only buys about 9% of what it could in 1950. Inflation was about 1.25%, and it was even less just two years ago. Inflation now is just under 8% and rising. I don't consider that "not so bad".