The American Paycheck Buys Half As Much Gas As It Did 10 Years Ago

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		Tech Science Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Retail Friday, September 14, 2012 The American Paycheck Buys Half As Much Gas As It Did 10 Years Ago Gas prices have been rising for 10 straight weeks. 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. Read » Also On Money Game Today: STOCKS CLIMB TO 5-YEAR HIGH: Here's What You Need To Know Oil Tops $100 Advertisement CHART OF THE DAY: The Fed Just Bumped Up Its US Growth Forecasts CHART OF THE DAY: 4 Likely Scenarios For The Chinese Economy In 2013 CHART OF THE DAY: Why US Manufacturing Is Crumbling Again Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.foodieeees@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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