by Pa Rock
I just returned from a mini-vacation to San Diego. The last time that I was there, I was ten-years-old. It's still a beautiful place, but the times they are a changin'!
The price of a first class stamp went to 42 cents today. The last time that I was in San Diego, the cost of mailing a first class letter had just jumped from three cents to four cents, and people were talking about what an outrage that was!
Also, fifty years ago you could buy gasoline any place for 29 cents a gallon - or less. Today it is selling for over four dollars a gallon in San Diego. I managed to hold my breath and coast into Arizona this afternoon where the gas was a steal at only $3.75 a gallon! I was able to fill my tank for a mere $50.75! When I bought that little car it would barely hold $20.00!
I realized during this short trip that the price of gas is having a major impact on travel and tourism. I make that statement based on the lack of recreational vehicles that were in evidence on the roads that I travelled. My round trip to the coast was approximately 700 miles along a major interstate highway. During all of those miles, I saw less than a dozen RV's! I predict that the high cost of gasoline is going to make the sub prime mortgage racket look like small potatoes by the time it filters out across our already ravaged economy.
Wouldn't it be wonderful if we could find another oil man to serve as President!