Thursday, September 15, 2011

The effects of high gas prices

Just about everyone in our society has been affected by the increase of gas prices; therefore, forcing some people to drive less, though most citizens do not have a choice. It is stated that seven in ten Americans are having financial issues due to this epidemic.  There has been an enormous change in consumers spending; however, little impact has been made with the amount of gasoline that is being purchased. Naturally, it is the lower income class that is having most difficulties rather than those with higher incomes.  Those who are being hit the hardest financially, resulting from the rise in gas prices, need someone to blame.

Not only has this affected most Americans, but it has also made a huge impact on Barack Obama  and his re- election term. Pulling up to the gas station to fill up your tank can be frustrating and discouraging, and who is there to criticize for economical problems? The president. When the performance of the economy is changing for the worst, the president is heavily relied on. The sharp increase of gas prices has damaged Obama's popularity and approval rating. Concluded in the article, " 53 percent of those who are feeling serious hardship as a result of gas prices say they definitely will not vote for Obama in 2012."

I found this article intriguing because not only are high gas prices affecting most individuals, but it is also damaging the presidents re-election campaign. From these results, we can only hope that change will be made in the near future, and this will hopefully further push Barack Obama's contributions to control the gas prices fierce increase.

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