Originally Posted by RacerX
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Kudos on seeing the big picture, I totally agree with you. Higher gas prices hurt everyone in the form of more expensive goods and necessities as well as less income for another important economic driving force: the home mortgage. Combined with rising interest rates, this could all hit us pretty hard. I don't necessarly care about gas prices at the pump per se, but what about paying $4 for a gallon of milk or $1/lb extra for produce, etc, etc etc. We will be feeling the effects of the gas hikes well into next year when consumer product prices skyrocket to make up for the huge losses they are hitting right now.
Second, I agree with you that it would affect any administration but it is my belief that the current one is part of the problem and not doing anything to stop or control the gas monopoly. In fact they help it. they also keep the dollar weak to help exports which is a horrible shortsighted way to do things and also why we, again, are paying so much for imports. Just look at the price hikes of Campy parts as an example.
Undoubtedly, the current administration has done a lot to create and perpetuate the current situation, for the reason that you point out, and quite a few more.
Two reasons that I'm being relatively equitable (more than I generally feel).
1. Pragmatism. Any administration is going to have a hard time with this. Of course, I don't know what the next administration is going to do, but as long as it's not the current administration, I'm willing to take my chances and find out.
2. Just didn't feel like starting a political snipe-fest. I'd rather not drive and and I'd rather ride instead.