On a recent episode of Fox New’s popular political analysis program “Hannity”, host Sean Hannity interviewed several business leaders on the state of the economy under the leadership of the Obama administration.
Even with a diverse crowd ranging from former presidential candidate Herman Cain, to real estate mogul Katrina Campins, or to Bernie Marcus, a co-founder of Home Depot, all interviewees agreed: the economy is failing, despite positive rhetoric from Washington. They agreed the astronomically-high gas prices are crippling the American people, shown through unemployment rates and real estate. They agreed that President Obama must adopt a drastically different and pro-American jobs plan immediately, or else America will have the greatest collapse since 1928. Home Depot co-founder even went on to say that “We’re going to end up like Spain and Greece, and the U.K. and Germany and everybody else.”
While all content from politically-slanted media sources must be taken with thoughtful consideration, I have to say, that in this case, I agree.
America is a nation whose opportunities are unparalleled. But if America continues this mindless descent, it will result in great suffering for a great nation. We have to change.
Obama has destroyed any sense of fiscal responsibility America formerly possessed. He spends recklessly and we have record debt. The middle classes’ finances are being destroyed. Job rates are at a record low, gas prices at an all-time high. Under Bush, gas prices hovered around $1.50 per gallon, peaking at $2.oo. The day Obama took office, gas was $1.89 per gallon. Under Obama, gas prices are $3.50 to $4.oo, and recently hit $5.oo in a few states.
This is mind-boggling. Really. An 85% increase in a gas prices over the course of three years. What if gas prices continue on the same trajectory? If they do, and they show no signs of stopping, by 2015 Americans will be paying roughly $6.48 for a gallon of gas. That is unbelievable, and Americans cannot let this continue.
Instead of importing all of our oil, we should drill here and drill now. We must start harnessing America’s own resources. Because that $6.48 gallon of gas is looming, and it does not appear to be going away.
It’s not just President Obama’s fault; it is all of Washington. But it is time for someone with common sense to step up.