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Tuesday, September 18, 2012

CHART OF THE DAY: The American Paycheck Now Buys Half As Much Gas As It Did 10 Years Ago - Business Insider

 Eye Opening Chart:  We all feel it at the pump but this simple picture  tells the story of your irritation every time you pull up to the pumps.

Over the last decade, the price of gas has moved higher while wages have been driven lower.

Here's a sad chart plotting how many gallons of gasoline can be bought at average U.S. hourly wage since 1998, from Reuters by way of Marc Chandler.

chart of the day, gallons of gasoline that could be bought with an hour's worth of wages, septemberg 2012

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Read more: http://www.businessinsider.com/chart-of-the-day-the-american-paycheck-now-buys-half-as-much-gas-as-it-did-10-years-ago-2012-9#ixzz26rVuhVoe




CHART OF THE DAY: The American Paycheck Now Buys Half As Much Gas As It Did 10 Years Ago - Business Insider




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