Wednesday, March 21, 2012


Via Instapundit today, we get this from CNN:

But for the average American household, which has an income of over $62,000 a year, the increase in gas prices represents a relatively small portion of total spending.

The Washington Post trotted out this same argument just last week (which I covered here):

Gas spending and household budget
While the we may be paying a bit more, the portion of income spent on gas remains a relatively small percentage.

Why, it's almost like the media is trying to birth a narrative or something...

But really, this amounts to not much more than the proverbial, "who are you going to believe, the experts we quote in our news stories or your lying, empty wallet?"

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