Let's Get Real

The price of gasoline will not ever be $1, $2, or even $3 a gallon again. But that should be no mystery. It's not because the world is running out or there is some conspiracy. We will never see new houses selling for $25,000 or even $100.000 again either.

Many things just about double in price every 10 years. When I was working in a gas station in 1970 gas was $.25. Prices aren't straight-line linear but the trend is clear. 1970 $.25, 1980 $.50, 1990 $1.00, 2000 $2.00, and 2010 $4.00. The cost of a starter home in 1975 was $25,000, 1985 $50,000, 1995 $100,000, and 2005 $200,000. A new car in 1970 was about $2,000, in 1980 $4,000, 1990 $8,000, 2000 $ 16,000 and by 2010 it will be about $32,000. Not all things follow this trend but enough do that I would plan on having to deal with it.

So what should be done? We need to get to work on producing our own energy and not leave it to everyone else. Yeh, that means we need to start drilling and mining, responsibly of course, but still getter done. Nuclear power needs to be placed off the back burner and restarted. What we do today will affect us for the next century. We have already lost 40 years and can't afford 4 more, if you get my drift. It seems there is only one guy out there that gets it, McCain.