Tom Adams wrote:
>
> I figure the less wealthy part of the US would start using public
> transportation, vanpooling, and carpooling in response to a steep rise
> in gas prices. With no public-sector spending. If the public sector
> did not provide more buses, the private sector would take up the
> slack. In the longer term, they would buy more fuel-efficient cars.
But how steep would the price rise have to be?
James
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