Price of gas yesterday was $3.44 per gallon. We are SO in trouble! This is going to make everything else we need and/or want to buy skyrocket. People will not be able to afford anything! They are predicting $4 per gallon by summer and since it easily went up 40 cents in a couple of weeks, I can totally see that it will be $4 plus by then. Things are so bad here in Michigan for most people, we all know wages and salaries are not going to increase to match the high prices of everything.
Gas prices are terribly high in Europe and have been for years, but they have a great public transportation system that is really easy to use and has been in place for a long time. They have the infrastructure for really good train service, even to very small towns (at least in Germany). People have options so they don’t have to rely on driving so much. We don’t have that here. If it were like Germany here (that’s the only European country I’ve been to, so my only frame of reference), I should be able to walk out the end of my driveway, walk 20 feet to the corner, catch the bus (that comes by twice an hour), and take it into Midland. Often the bus station and the train station are right near one another. So, I’d be able to take the train to Saginaw (where I could catch another bus to an easy walk close to where I wanted), or to my hometown in the UP quite easily. But, we do not have that here. We have put our energy and time into roads. I found out recently that the interstate highway system was built for the cold war, so people would have a fast way to get away from where they were. It figures! Didn’t we go to the moon too, so we could do it before Russia?
Anyway, I digress. Gas prices are flying up so high and fast. People were worried and upset when they were consistently $2 per gallon, I am sure they are passing out left and right about it now. And for good reason – it will now cost more to get to the job that barely pays enough for many to get by. And, the cost of everything else will go up as a result. Surely somebody somewhere can do something? I am not worried about our family – we will absorb it like everyone else has to, we already don’t buy “stuff” excessively. Probably the first to go will be going to restaurants. It is not that nice to go anymore anyway with the kids being the ages they are – they just don’t hold out well. And, frankly, I can cook better than most too! (Unless we are going out for sushi, which happens maybe twice a year.) We will probably stop for subs or order pizza on occasion like we do now but the dinners at Applebees or The Outback will be fewer and farther between. It will be bad for everyone, from the little guy all the way up to the big companies. Bracing self for crash. Perhaps it’s time to stuff cash in the mattress, or better yet, buy gold coins.
OK maybe I’m going a little too far, but I do think we’re screwed. And, once prices go up, do they come down? They haven’t in my lifetime! So I’m going to “help” out our capitalist society a bit by just not buying anything unless we need it.