I never thought I would say this…Obama is right on this issue. A temporary reprieve from the federal gas tax is pure folly. The Tax Policy Center states that the average American would save LESS THAN $28 over the course of gas tax holiday.
This is pure political pandering. The news media has us convinced that we are (a.) in a recession, and (b.) the rise in gas prices is catastrophic and will single handedly destroy us all and bring about the end of the world (I am exaggerating. Slightly).
First, we are not in a recession. The economy is still growing, it is not “receding.” It is growing at a slower pace than it has in the past five or six years, but it STILL GROWING!
Second, the rise in gas prices has hit us so hard because we are unwilling to change our lifestyles to make up the difference. Let’s say you buy a 16oz latte every day for $3.59. That figures out to $.22/oz, and $28.16/gal. Hmm, I think it’s time to cut out the latte and brew your own coffee at home.
We are unwilling to cut out the conveniences in our lives to pay for the necessities. We don’t want to give up our movies, video games, cable TV, big cars, and vacations in order to pay for the extra gas. It is time for Americans to grow up and quit whining for the government to come and fix every little thing that comes along and makes us feel uncomfortable.
How did my wife and I deal with rising gas prices? We sold my (paid for) truck and bought (with the cash from the paid for truck) a used, low mileage, sub-compact. Was this fun for me? Nope, I have always driven trucks and I enjoy driving something a little big bigger that has the extra utility a truck offers. However, we decided that spending $30/fill up on the car would be a lot easier on our limited income than the nearly $60/fill up the truck required. By changing just that one aspect of our lifestyle we were able to dramatically cut the amount of money we spend on gas.
Instead of relying on Hillary Clinton or John McCain to come and fix your inability to manage your finances or your unwillingness to cut some un-necessities out of your lifestyle, do it yourself. It’s time to wake up, America, and stop being stupid.