Wednesday, December 24, 2014

Lower income help

This will be a Merry Christmas for President Obama. The growth in the energy industry has finally turned the economy around despite efforts by the EPA to limit that growth by regulations. The lower energy costs have added to the profits of companies and the lower cost for gasoline has put about $1,200 per year in the hands of consumers. This is most important to lower income families and is the only improvement this group has seen despite claims by the President that he has been a champion of the middle class. The Presidents ratings are improving as people see the benefits of lower energy cost. Perhaps this may encourage the government to start promoting more fossil fuel development especially methane hydrate which can not only grow the world’s economy but can clean up the air and solve the problem of climate change. This is a win-win!

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