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Donovan et. al.<BR>
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Ted wrote:<BR>
<BR>
"You might think about how higher gas prices are going<BR>
to impact the lower classes?"<BR>
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Donovan wrote:<BR>
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Not nearly as much as high local taxes. You ask<BR>
yourself which we have a greater degree of control<BR>
over, gas prices or outrageous local taxes? Ask which<BR>
is easier to compensate for, less gas or high taxes<BR>
and no housing?<BR>
<BR>
Fossil fuel costs impact nearly every significant economic variable, from local, state and federal taxes, to the cost of food, consumer goods, housing costs, on and on... What fuels our military? The airlines? Industrial agriculture? Tourism? Shipping of goods, whether by truck, train or ocean vessel? State, Federal and local taxpayer supported construction projects? Need I go on?<BR>
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If fossil fuel costs double due to demand and scarcity, what happens to the costs of everything dependent on them?<BR>
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Ted Moffett<BR>
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