Tag: oil prices

Of the many issues facing citizens nowadays, it’s easy to say that the answer to “What’s toward the top of your current concerns?” would be “It’s the economy, stupid.”

And, beyond simple concerns about oil/gasoline proices and the closely related rise in costs of concumer goods, that’s a very good answer. But it’s important that we understand that our economic problems go far beyond percieved consumer pain caused by rising costs and relatively stagnant wages. Think of several even more important, deeply embedded issues:

The primary “weapon” with which the U.S. used to bring down the Soviet Union was to sucker the soviets into attempting to compete with our economy. And still today, our best largely unused weapon against enemies such as Islamic terrorism is our economy. That’s something even a noncom fighting in Afganistan recognizes (a long read, and the economic observations are buried well down, but a read wll worth your time. h.t. Rosenary’s Thoughts).

Suffice it to say, every effort made by our politicians *spit* to weaken our economy both in obvious ways and in obscure, structural ways, is working. The dollar is at its weakest in decades; our trade imbalance is growing; our indebtedness as a nation is worsening. What to do?

Let’s start with some common sense steps. Step number 1 (even more important than Drill Here-Drill Now): Embrace the FairTax.

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