Everyone says gas is actually cheaper than the 70s. When's the last time they raised the minimum wage? Inflation should work both ways, corporations pay its slaves the same amount they did 20 years ago. What a ripoff!
218274
Your wage will never reflect the increase, or future increases of the cost of fuel (or any of the other worldly commodities that oil creates).\n\nI have been following the subject of "Peak oil" for about 4 years now and the worlds' dependance on oil. All aspects of our economies (globally speaking) is completely dependant on the stuff and the world is about to learn that, not only can the world not produce it any faster than we presently are, the production rates of global oil producers is about to start its' irreversable permanent decline.\n\nSupply will always go down (aproximately 2-3 percent a year) and demand will continue to go up.  It is predicted that by 2015 that global oil production will decrease 20% and demand will go up 80%.  Think you pay alot for gas now?\nTry $5-$10 a gallon in the NEAR future.\n\nGoogle "peak oil" and spend the next few weeks of your life reading about how we are all pretty screwed.  \n\nLike others have mentioned though, it won't just be gas that goes up.  \n\nEvery piece of plastic produced is made of a by-product of oil.  Every nitrogen based fertalizer that farmers use is a by-product of oil.  In fact you can't find one product for sale in any mall across North America that doesn't owe its' existance, either directly or indirectly, to oil.  \n\nIt is said that if we were to convert the energy that we all benifit from from oil, into human muscle power, we would have approximately 300 slaves working for us night and day, without a break, and having never to feed them.\n\nWell, the slaves are about become unionized and we're all going to have to pay a premium rate for their wages, while our own wages will probably decrease with a recession.\n\nGoogle "peak oil"!!!!\n\nBy the way, hydrogen fuel isn't going to solve this problem.  It doesn't produce fertalizers or plastics.\n\nlisten to this file http://www.globalpublicmedia.com/lectures/156
188676
Are you kidding me?  Wal-MArt is paying folks $2 an hour?  I hadn't heard that yet.  Go back and ask your buddy Al Franken how to respond.....
467481
People of ALL races will lose jobs. Prices will rise, then they promised to raise minimum wage again. It will be a vicious circle of inflation!\n\n\nInstead, why not install a national Cost Of Living Adjustment (COLA) or all?
282560
can you lower the gas prices then please?!?!?! lol
416901
They are in denial and that's what they should be ashamed of.  The fifties were the best decade, and since 1973, real wages adjusted for inflation have declined every decade since then.  The only exception might be the first 6 years of Clinton.  People who rant on about how great the economy was in the 80s probably didn't realize that most places had unemployment rates well above 8% for his first 6 years.
291600
American Corporation has moved their company's over to China for "Cheap Labor," To my understanding doesn't freight cost more to ship over seas, or even on a cargo plane? To me it seems that the Corporations should be loosing money. Then there's "Cheap Labor," Mexicans, Would get paid less then the average Joe, The problem here is pure simple Greed. Greed from the Government for not in forcing laws, and Pure Greed from Corporations. There wallets are getting fatter, while I have no Idea where or if I will have a Job next year?\n\nThe reason Why most Americans won't do the jobs is the number one reason "Cost of Living" Everything has gone up but not our pay. There is no way that we could survive on so little. WE are Americans We would not get any Help From the Government, So therefore; that's is why.
429349
Earnings growth is declining, except that is, for the city bankers who are expecting bonus growth this year of 25%.\n\nThe influx of migrants from the Eastern European states is having it"s effect. They are prepared to work for a lower wage and this has a "knock on" effect. They are also prepared to sleep 3/4 to a room in cheap bed & breakfasts.\n\nInflation is at 2.5%, which is 0.5% above the target, so gordon will try to keep wage demands as low as possible.\n\nIt would be nice if, Gas - Electricity - Council Tax,etc. only increased by 2.5%, but no, these charges have gone through the roof.\n\nI read a report about a month ago, that Gas was so plentyful, that the importers were "paying" the distributors to take it off their hands. Did prices come down? Not on your life.\n\nAnyway, back to the subject, I think we should do as other countries are doing, and restrict the number of immigrant to fill only the jobs that are vacant.\n\nYou won"t get a job in America unless it can"t be filled by an American citizen. We should have a similar scheme.\n\nPut the onnus on employers to "prove" that they have tried everything possible to fill the vacancy using the indiginous population.\n\nWages going down, bills going up, more and more people getting into debt. It"s all going to explode soon.
372466
Well, here is personal experience.  in 1978 I was 31 years old.  I was an R.N. and I earned $3.75 an hour.  ( When I retired last year I was making $28.00 an hour.)   Our house payment on a modest 3 bedroom house was $109.00 a month.  Gasoline was 58 cents a gallon.  I believe milk was about $1.50 a gallon.  A very nice Ford station wagon was less than $10,000.  It be great if you could check in old newspapers for ads with food and clothing prices...maybe at the library or local newspaper they could help with this.  I just can't remember any other prices, but they were proportionate to incomes of the time.  In other words, by the time I retired my income was over 12 times what it was in 1978, but prices were too.  Hope others have more info to give you.  Update:  in 1968 we bought a brand new Karman Ghia  ( little German spors car) for $3000.00.  Our landlord was rich...he bought a brand new Cadillac for $9000.00
533595
I used to work for McDonald's when minimum wage was $3.35 an hour.  We were supposedly entitled to an evaluation every so often with an accompanying raise.  When minimum wage went up a dollar more and we employees were up for our yearly evaluation and raise, we got a raise all right ... the cheapskate gave us a buck raise to meet minimum wage!  Believe me, if no one is willing to report management to the Board of Labor for whatever reason, they can get away with anything.
659541
It gets worse... congressional members have increased their wages by over 30k since the last minimum wage increase.\n\nIt was legislation set to be doomed from the get-go when they made it so high. They should have just went for like $6.15.\n\nPretty depressing if you ask me.
647804
The Republican-controlled Senate smothered a proposed election-year increase in the minimum wage Wednesday, rejecting Democratic claims that it was past time to boost the $5.15 hourly pay floor that has been in effect for nearly a decade.\n\nThese people are making six figure salaries plus incentives so they just don't give a shi* about the "little" people.  It's time to vote them out of office!!
592980
As you know, the cost of crude refineries pay is set across the board globally. Which in turn they charge the same price. It is mainly these franchise gas station compnaies that change the price, who are told to change the price as the market flucuates. Which in turn the station across the street wants to stay competitive by adjusting their price accordingly, up or down. It's all about the supply and demand now. The United States uses approx. 84 million barrels a day, when our supply is just 85 million.\nAnyway, here is a good couple vids to watch.
565157
In the same story it says that they are not likely to pass a raise in the minimum wage. Just keep voting repuglican folks, they need the extra money more then a single mom working at Taco Bell that is for sure.
209984
Greed at it worst. I received an email last week asking that you do not buy Exxon/Mobil gas, saying that you can't ask people not to drive but if you boycott the biggest oil co out there that their prices will have to come down and the the other companies' will have to follow suit. if enough people were to do this it would work. The email also suggested you don't buy Exxon/Mobil until the price gets down to $1.30 gal
224298
There is none, if inflation had followed suit with everything else clothes, food, building supplies etc.It would be over 3 dollars a gallon.The problem is people actually give idiots like micheal moore and al fraken credibility, its uncanny!!!!They have both been proven to be liars.One of the biggest reasons gas prices increase is simply speculative theory!! we went to war for humanitarian reasons, those people want us there they were under dictatorship. clinton sent soliders into Bosnia in 98 and knowone had a problem with that, it was for humanitarian reasons or so we thought.The real problem a lot of people have with this is the time its taking but you cant put a time frame on something like this.
614900
$3000 a year, next they are going to take up the minimum wage. They do not think there is enough support for that to pass. Ever wonder why I don't like repukes? Last mininum wage raise was 10 years ago. Sad but true.
588610
Yes, but w/good reason.  Gas prices have never been this high w/no relief in sight.  It seems we are limiting our travel b/c we just can't afford to drive in this country.  I know I'm on a gas budget.  Work-home-work-home, maybe a chill spot on the wknd, but that's it.