Thursday, March 29, 2012

Rising Gas prices fueled by inflation

Gas prices are skyrocketing and I've heard too many say that Pres. Obama is not responsible and has no control over the rising prices. I've even heard the President claim this himself. But he is wrong. He is responsible because the gas prices are rising partly because of inflation--inflation which he is directly responsible for because his governing is what caused it!

The President and his administration were warned repeatedly that if we continued to spend and print money (as they did with the stimulus packages) it would bring on inflation. That's exactly what is happening now. We are seeing the price of Gas go up much more than it should have because the dollar is weak. We are also seeing prices of energy and food go up.

The President thinks the solution is for us to drive electric cars, but once again he is out of touch. Most of us drive gasoline cars and old ones at that--we don't have 40,000.00 to spend on a car and there are no charging stations to 'gas' these cars at anyway. By forcing the issue rather than helping us ease slowly into alternate forms of energy, he's causing a crisis.

Voters need to realize that if they vote the President back into office, they will get more of the same--at an even fast rate of loss. I sure hope they will think very carefully about that.