Driving as non-discretionary

Driving as non-discretionary
by wpkirish (2022-05-25 08:49:58)

In reply to: At least you are thinking about changing your habits. posted by cujays96

Was reading a blog post yesterday by Matthew Yglesias on energy prices. Said history shows us in the short term a $1 increase in gas prices results in a $1 decrease in other spending because people consider driving non-discretionary.

If prices stay high then people shift their behavior.

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