Gas Prices Aren't that Bad

This person agrees with me that gas prices really aren't such a big deal to the majority of Americans despite the gloom and doomers out there.

But that ignores the wealth effect, namely that even if today’s gas is
more expensive that it was then, almost every one of us has (even in real terms)
a lot more money to spend on gas than we did then. Will people who spend $20 for a music CD, $50 for ticket to the ballgame or $25 for a haircut really drive
less just because a tank of gas costs $45 instead of $35 or $30?

Yeah it is just one less fast food meal or a few days without your morning Starbucks fix. I think that most Americans can absorb an extra $10 a week. If gas does get to like $5 or so a gallon then it will start to become a real problem.