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Tuesday, April 29, 2008
High gas prices leads list of concerns in US

by · 4/29/2008 08:33:00 AM ET · Link 
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For everyone who boldly stated that the weak dollar would never have an negative impact at home ought to be eating their words about now. Sure a weak dollar can mean better exports for the US but for just about everything else, costs are going up. Republican policies including the war, the deficit, the tax cuts and a pro-business (at the expense of consumers) policy have all added up to create a headache for Americans both rich and poor. Add to this list the increasing problems due to the biofuel craze and you have a serious problem that will not be corrected by a simple action or two as both McCain and Hillary are suggesting.

Obama may not be saying the popular thing when he argues against a temporary tax cut on gas but it's the right thing. McCain and Hillary, who both supported the Iraq war, haven't explained where the money will come from for such a big tax cut nor have they or anyone else explained the financial consequences of the Wall Street bailout. (The bailout continues to be the 800 pound gorilla in the room that remains untouched by Democrats and Republicans alike.) Someone needs to start acting like a grownup instead of telling voters how easy answers are going to magically cure years of bad policy.

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