RE:
Indiana Capital Chronicle Bot (@INCapChronicle_Unofficial@hoosier.social)
The author argues Indiana can get rid of gas taxes and also have great roads. I think due to the governor's amazing charisma or something? Maybe magic pixie dust?
A KâShaped Pattern at the Pump
"Low-income households increased their nominal gas spending by the least...they cut their real gas consumption the most. On the other hand, high-income households increased theirs by the most in a large part because they reduced their real gas consumption the least"
No surprises here; but low-income here basically means "Rich enough to consider a car a necessity." I wonder how people below that threshold did.
Same Shock, Different Roads? A K-Shaped Pattern at the Pump - Liberty Street Economics