President Obama sure has a funny way of showing how much he cares about the middle class. His bureaucrats at the EPA are unleashing more regulations that are going to drive up the cost of gas, as if it isn’t high enough already.
The agency claims that the new rules will add only a penny to the price of a gallon of regular unleaded while industry groups say it will be closer to a dime. Whatever the estimate, American consumers are not in the mood to hear about higher pump prices.
Thanks in part to lowered economic expectations, prices have dipped after a 60-cent-per-gallon surge in the first three months of the year. But the average price still stands at $3.65 per gallon and will likely edge up as summer nears. And if something goes further awry in the Middle East, well…
Both presidential candidates last year spent many months talking about their love for the middle class. It was all they could seem to talk about. One was a multi-millionaire explaining how he was still consumed with the plight of Americans in the $40,000 to $70,000 household-income range. The other was Mitt Romney. (Read More)
I’m sure that while he and his family jet around on our dime to their luxurious vacations that they spend all their time contemplating the struggles of the middle class.