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SportTrac Discussion
Engine & Drivetrain
What if gas were $10 a gallon
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<blockquote data-quote="Paul McDevitt" data-source="post: 788643" data-attributes="member: 65845"><p>Nelson,</p><p></p><p>Thank you (sincerely) for the world perspective. Americans tend to be myopic in their views of cause and effect, and economics. That having been said, for fuel to triple in price here without a commensurate rise in salaries or other economic indicators would have serious effects on food prices and employment. The standard of living would have to adjust downward to compensate. That isn't attractive, but it isn't life threatening either. Most of us have parents or grandparent's who lived thru the depression. They'd not choose to experience it again, but they know it is not the end of the world, only the relatively easy life as we know it.</p></blockquote><p></p>
[QUOTE="Paul McDevitt, post: 788643, member: 65845"] Nelson, Thank you (sincerely) for the world perspective. Americans tend to be myopic in their views of cause and effect, and economics. That having been said, for fuel to triple in price here without a commensurate rise in salaries or other economic indicators would have serious effects on food prices and employment. The standard of living would have to adjust downward to compensate. That isn't attractive, but it isn't life threatening either. Most of us have parents or grandparent's who lived thru the depression. They'd not choose to experience it again, but they know it is not the end of the world, only the relatively easy life as we know it. [/QUOTE]
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SportTrac Discussion
Engine & Drivetrain
What if gas were $10 a gallon
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