Reply #9: I saw them pointing out on CNN that, adjusted for inflation, [View All]

[NinetySix]

gas prices in 1981 ($1.41 at the time) amount to around $3.06 in 2005 dollars. I gasped in astonishment; did they mention that in 1981 we were in the depths of the Reagan recession? No, of course not.

Why not just tell us what the price of gas was during the deflationary period of the Great Depression, then tell us, "see, paying a lot for gas is actually a GOOD thing, because it means the economy is doing really well!"