They Just Don’t Get It: "Once again this administration is showing its ignorance, arrogance and vial disrespect to the American consumer as it refuses to understand and acknowledge the symbiosis between gas prices and economic stability.
As gas prices went down to under $1.50 per gallon, people who still had jobs, began to loosen their purse strings and started to buy more non-essential items. Instead of helping along, the administration will add more taxes. It ignores the potential economic incentive from the base core it needs to come from, the average American taxpaying citizen.
Gas prices are going up again. In some areas the increase is as much as 20 to 35 cents a gallon more. The jittery markets will not continue any rally as individuals worried of continuing price increases, will stop their limited spending and hold their money for the essentials of life’s existence.
Last years stimulus checks went into the oil company coffers as people used it to put gas into their cars for work and take the kids to school. Oil companies posted extraordinary profits while the average citizen witnessed personal losses.
I paid taxes on the so called stimulus check. It stimulated me alright, into a higher tax bracket!
It’s simple to understand. The higher the gas prices, the lower amount of spending folks will do in order to keep fuel in their cars. No amount of additional taxes, forcing people to drive smaller cars and using public transportation will ever change the mindset that has been embedded in this society for almost 100 years--America’s love affair with the automobile. "
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