Quote Of The Day: Obama – "Enjoy Cheap Gas, It Won't Last"
January 7th, 2015 12:34 PM
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“I would strongly advise American consumers to continue to think about how you save money at the pump because it is good for the environment, it’s good for family pocketbooks and if you go back to old habits and suddenly gas is back at $3.50, you are going to not be real happy,”
-President Barack Obama, speaking to the Detroit News before a visit to a Ford plant in Wayne, Michigan. The plant has recently been idled due to low demand for products built at the plant, like the Focus and C-Max Hybrid. Low gas prices are being blamed for slumping demand for small, fuel-efficient vehicles.
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"you are going to not be real happy" Correct, they will all be fake happy.
So Obama says cheap gas won't last. Well, that's his hope. And objective. Basically, he doesn't want the peasantry to have the freedom to drive what and where we want.
I agree Big Al, increase the gas tax and limit the increase to road and bridge maintenance and infrastructure with none of it going for walking trails, bike paths, and parking lots. The Lawrence Welk and Greyhound Bus museum are not appropriate places to put fuel tax money into.
The Prez is calling it right - the price is already going up in PA (increased gas tax), and the Feds are mulling raising it as well (1st time since the early 90's). But (minus graft and corruption already mentioned), more money will be spent domestically as a result, giving a boost to the economy, so it's a good thing in the short term. I hope that the Feds do modestly increase the gas tax, especially if it slows the calls for fuel-wasting toll roads and privatization of our highways (which would return broken roads to the gov't once the private companies go "bankrupt").