3/29/2004

Right Nation has a adjusted for inflation actual cost of gasoline and says it is barely over the 1950 price. Now this is "proven" on a chart. But here's a little instructional for you when reading any kind of chart showing profits, or prices, etc. NEVER trust anything that uses a low or high price as a reference point to PROVE something; you can bet the chart will always "prove" what the seller wants proven. Gasoline us up over last week, last month, three years ago and that's all we care about. In the 30s I think gas was 10 cents per gallon but that was a huge cost in a country where 25% were unemployed with no welfare or unemployment checks, accountants earned $3,000 per year and doctors earned $5,000 per year. The chart proves nothing. Like the stock market charts starting in 1932 proving how much you would have made in the market. Useless. Fraudulent. Wrong.

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