An economics professor has a solution for the little people dealing with the country’s inflationary woes: Use mass transportation, eat more veggies instead of meat, and cut back on unnecessary care for your pets.
In a Bloomberg.com op-ed, the New School’s Teresa Ghilarducci says these tips are a good idea for anyone making less than … $280,000 per year.
“To deal with gas prices, it’s worth reconsidering public transportation if it’s an option where you live,” Ghilarducci says. After all, mass transport fares are up only 8 percent compared to 38 percent for gasoline.
And don’t think about getting a new car; prices for brand new vehicle are up 12 percent, while those for used cars have skyrocketed 40 percent.
h/t The Daughter of Zion