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Is the joke that the replier doesn't understand inflation? CPI calculator
this post was submitted on 25 Dec 2025
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ChuckGrassley isn't wrong, but he should have concentrated more on proper phrasing instead of using textspeak.
According to the U.S. Department of Energy, the national average for the cost of gasoline remained steady for the first three years of the 1950s at $0.27 per gallon. That low price might sound practically idyllic, but the average household income at the time was $3,300 per year. Adjusted for inflation, $0.27 in 1950 equates to about $3.52/gallon in today’s dollars. Nowadays, the median household income is $74,580.
And according to the AAA the national average as of today is $2.847.
HOWEVER, and I cannot stress this enough, this is about the only thing MAGA policy is running on (probably because they can directly influence gas prices). If you want to criticize the current government I suggest you look at the larger picture here.
You do have to take into consideration that part of the reason that prices fell is mostly Saudi Arabia deciding to pump a ton of oil, and the fear of cooler global demand (this one due to MAGA, since they caused fears of a global recession)
This statistic is so useless all it is proving is that not all statistics are useful in proving a point.
This ~~statistic~~ boomer is so useless all it is proving is that not all ~~statistics~~ boomers are useful in ~~proving a point.~~ society.
FIFY
r
JUST. DIE.
Fuck schumer, but I'm not sure where he's wrong here.
Gas is absurdly cheap rn and the math seems close?
Edit: nvm, noticed musk.
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