Wednesday, March 2, 2011

Current Events

http://www.cnn.com/
/http://news.yahoo.com/s/ap/us_barbour_energy;_ylt=Avf9.LUaOhhlmBvvVwXG_Yqs0NUE;_ylu=X3oDMTNsYXV1N3NwBGFzc2V0A2FwLzIwMTEwMzAyL3VzX2JhcmJvdXJfZW5lcmd5BGNjb2RlA21vc3Rwb3B1bGFyBGNwb3MDNARwb3MDMQRwdANob21lX2Nva2UEc2VjA3luX2hlYWRsaW5lX2xpc3QEc2xrA2JhcmJvdXJzYXlzbw--

Are'nt gas prices getting more and more ridiculous? I think so! Gas prices go up rapidly all the time but in these times in our recession gas is almost $4.00 a gallon. Its becuse of the War and fights we have with countrys over seas. "But the recent rise in gasoline prices has been primarily driven by unrest in the Middle East, particularly Libya, where protests have diminished crude oil production"
"In 2008, $4 gasoline brought my state to its knees before Wall Street melted down," Barbour said. "We've blown through $3 gasoline all the way to 4."
Barbour said Obama's energy team wouldn't be happy until gas prices reached $9 a gallon.
Barbour is still weighing a presidential campaign and plans to visit Iowa twice this month. Barbour's advisers say he won't make a decision before the Mississippi legislature ends its session in early April and it could be May before he announces a decision.
In the meantime, though, he has honed his criticism of the president, particularly on economic issues. With pocketbook issues poised to dominate the 2012 election, prospective presidential candidates are focusing their messages on Obama's stewardship of the economy and are seeking to cast his re-election as a referendum on the economy and jobs.
"We don't have a $1.5 trillion deficit this year because taxes are too low," said Barbour, a former Republican National Committee chairman who helped the Republican Governors Association make major gains in November's elections as the group's chairman. "It's because we spend too much."
He then turned his criticism to federal spending, a key concern among the conservatives who have great sway in picking their 2012 presidential nominee.
"This administration spent $7 trillion in the first two years and lost 7 million jobs," Barbour said, then joked it was a good thing the government didn't spend $12 trillion to lose 12 million jobs.
"The fact is: a bigger government means a smaller economy," he said.
All of this is none scence! If gas reaches $9 a gallon, thats more then i make in an hour which is $7.25 an hour. Who knows what the world going to come to, the world already messed up enough. I might just beleive the world is going to end in 2012 because by then everyone will be going insane with the little stuff happening like gas prices.

1 comment:

  1. I think you are absolutely right! how do they expect us to be able to afford gas at $9 a gallon when minimum wage is $7.25. I think the economy is getting a little rediculous and i dont think they are are thinking about what could happen in the long run !

    ReplyDelete