The State of Things

Today is the 1,000th consecutive day that the average national gasoline price has exceeded $3 per gallon http://t.co/SFe7Lsv0vv

— D. Ray Long (@RayLongDC) September 17, 2013

Gas prices remain high while family incomes fall. Combined it means that American families now spend the largest share of their income on gasoline since the early 1980s. This downward drag on the economy is profound.

The typical US family now makes less than it did when the Berlin Wall fell http://t.co/gKfpzN3d1I

— Christopher Mims (@mims) September 17, 2013