Cat’s Out of the Bag — Screw the Poor and Middle Income
02/29/2012 3 Comments
Russ Steele
I saw this out and out admission that the Obama Administration is not going to do anything to lower the prices of fuel on Fox News to night. Energy Secretary Chu testifying before the House Appropriations Energy and Water Subcommittee yesterday and he was asked if the administration’s goal is to bring down the price of gas for the benefit of consumers. Congressman Nunnelee asked”
“. . . is the overall goal to get our price” of gasoline down?”
“No, the overall goal is to decrease our dependency on oil, to build and strengthen our economy,” Chu replied. “We think that if you consider all these energy policies, including energy efficiency, we think that we can go a long way to becoming less dependent on oil and [diversifying] our supply and we’ll help the American economy and the American consumers.”
This is an elitist position. What about all the poor and middle income people that have to pay the price? So far, the alternatives to fossil fuels are not working out. They only work out when the price of fuel is as high as it is in Europe, which is Chu’s goal. The burden will not fall on the rich, it will fall on the poor and the middle income struggling to stay afloat in a less than robust economy. I hope that everyone remembers that every time they pump gas or diesel at the service station.
About Russ
That’s peanuts. Family expenditures for transportation fuel is about $4300 annualy. Household family health care on the other hand is nearly $20,000 annually if you count both employer and employees contribution to premiums. You can drive a smaller car, you can commute a shorter distance to reduce your fuel bill but under Obamacare, you are on the hook for the $20,000 to get the government defined defined benefit package. And a fifth of that $20K is to make up for the shortfall in government reinbursement in Medicare and Medicaid. The middle class keeps getting the short end of the stick.
Chu has no experience in the private sector or economics, and is not a leading light in anything that is important to this country. He is a mouthpiece for this socialist administration. Cas Sunstein should be on the stand singing about the hole that Obama wants to stick this country in.
Get your copies of Watermelons – send one to Tom – I guess its out, Richard North has a great review