Clipmarks
BobbyDelrayfollowshare
8-4-2008 8:36 PM
399 views
It seems that some Americans are now spending twice as much of their household income for gasoline as they were in 1999. That is a serious number.

I believe that median household income is around $48,000 right now. So those Americans are spending about $5500 a year on gasoline. To me that is a scary number.

This also explains why you can no longer get a parking spot at the Tri-Rail parking lot in Delray Beach. Well if you get there before 6:30 AM I suppose you can.

This does not bode well for the economy. Let's see: drive, ride the bike or give up beer?
1 Comment   | Add a Comment
8-5-2008 6:11 PM
kkcapricorn
Even if the average guy buys less gasoline, the economy will continue to suffer since most of the goods we purchase, including food are transported by vehicles using some form of fossil fuel.
Login to Comment.  Not a member yet? Sign up
Embed This Clip In Your Site...

New from the makers of Clipmarks:  Amplify.com - Don't just share the news...Amplify it!

OK