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Re:Why Are People So Down About the Economy? Theories Abound by lotsofpulp on Thursday May 30, 2024 @04:56PM (#40528630)
>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.

Re:Why Are People So Down About the Economy? Theories Abound by bluefirebrand on Thursday May 30, 2024 @08:58PM (#40530437)
> This must be due to increased state and local taxes

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

Re:Why Are People So Down About the Economy? Theories Abound by jncfhnb on Thursday May 30, 2024 @10:57PM (#40531056)
Picking one particular item hit by a tax in one locality is not a very useful anecdote for the general narrative