Gas At Historical Highs? Not Even Close When Considering Income is Also at Historical Highs
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Submitted by CARPE DIEM
We hear a lot these days about how gas and oil prices are at historical highs. But what we don’t hear much about is how personal income is also at historical highs. Per-capita personal income has almost doubled in the last 15 years, from about $20,000 in March of 1993 to almost $40,000 in March of 2008 (personal income data available here, and population data available here).
