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by lotsofpulp
748 days ago
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>Gas: 2020 = $2.36 a gallon 2024 = $4.69 a gallon This must be due to increased state and local taxes. https://www.gasbuddy.com/charts May 2019 is ~$2.70 and May 2024 is ~$3.70, a 37% increase, as opposed to a 100% increase for where you live. I used May 2019 because there is no use in comparing May 2020 or any other part of 2020 due to COVID supply and demand disruption as well as seasonal differences. |
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I don't know if it matters all that much why prices are increasing for everything, whether it's inflation, corporate greed, new/increased taxes, or whatever else
The fact is people are getting squeezed from a lot of directions, and meanwhile we're reading about record corporate profits, many companies are doing massive layoffs, and raises aren't keeping up with expenses