Thursday, January 17, 2008

It's The Gas Prices, Stupid

Still, I must say ... this story at Powerline takes the cake. Do you really think the Democrats will make your personal economy better?
The Democrats will soon begin labeling this the worst economy since the great depression (see 2004) ... and no question the panic in the financial markets (of their own doing) and rising energy costs are making things difficult. CPI and WPI both rising between 4 and 6% respectively.
One would think Congress would want to attack the problem that's eating a whole in everyone's wallet .. energy. Instead I have detailed for two days now the Democrats plan to lower energy costs ... higher taxes and penalties on the people who produce the energy.