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Economy

What Happened To Our Cheap Oil?

By Alicia Colon, aliciacolon.com

 

When I was in high school I learned that the price of oil in England was as high as $5.00 a gallon. That meant nothing to me because I lived in Manhattan and cars were totally unnecessary because of our superb public transportation system. Years later, living in Florida in 1972 gasoline was about $.24 a gallon. Today US gas prices are close to what European prices were decades ago and the question arises-What happened to our cheap oil? It didn't disappear. It's still here. We just can't get to it so why are we being held hostage to the whims of oil rich hostile nations? I'm no expert but the villains in this situation are the "Greenies" and our own stupidity for falling for their claptrap.

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Who can control gas prices?

Gas prices keep hitting our wallets harder and harder. And this fact is making our current administration ever more nervous. No wonder – you cannot deal with high prices through a constant stream of supposedly “good” economic news from a complacent Bureau of Labor Statistics, the friendly voices of MSNBC, the NY Times or the legions of ardent supporters of our brilliant leader. In reality, it is pretty hard to play sophisticated games with numbers, which every voter can see at the gas pump daily.  But we have to give president’s followers, a.k.a.  “All the King's Men”, credit for trying.

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Why there is no “Debt Crisis” in America

By Michael Califra

 

We need to stop the spending! The country is broke! We’re passing on a crushing burden of debt to our children!

 

How many times have you heard those words over the last few years? How many times have you recited them yourself? They do sound logical.

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House Republican Plan for America’s Job Creators

Chief Deputy Whip Peter Roskam (R-IL) delivers this address, highlighting some of our federal government’s many burdensome regulations that hurt small businesses.

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How FDR got us out of the Great Depression: Lessons for today

Doug Wead is a presidential historian, New York Times bestselling author and adviser to two presidents. He served as special assistant to the president in the George Herbert Walker Bush White House. In 1979 he co-founded Mercy Corps and the International Charity Awards.

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Big Lies, Little Lies and Unemployment Statistics

NATURAL RATE OF UNEMPLOYMENT
Newlan’s Truism: An “acceptable” level of unemployment means that the government economist to whom it is acceptable still has a job.

A mathematician, an accountant and an economist apply for the same job.
The interviewer calls in the mathematician and asks “What do two plus two equal?” The mathematician replies “Four.” The interviewer asks “Four, exactly?” The mathematician looks at the interviewer incredulously and says “Yes, four, exactly.”

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Mr. President, here’s the TRUTH on taxes

Setting the record straight

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