From: Bill Lucy 

In article , richhong{at}hawksci.com says...
> >> Transportation also represents a tiny portion of the economy.
>
> Bill,
>
> Define tiny.  2%?  *Doubling* 2% of the economy is a HUGE impact on
> inflation.  If you double a 2% piece of a basket of goods, that itself is a
> 2% add-on to the inflation rate.  So if inflation would have been, say, 1.5%
> with fuel excluded, it becomes 3.5%.  That's huge.

Not really. Especially given that it's been *negative* for 20 years.

--- BBBS/NT v4.01 Flag-5