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incomes

Rural U.S. suffers worst from rising gas prices

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From the front page of The New York Times:

 

Gasoline prices reached a national average of $4 a gallon for the first time over the weekend, adding more strain to motorists across the country.

"...the gloomiest assessment of economic well-being in close to half a century..."

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"Only four in 10 said they have moved forward in the past five years -- a record low, Pew says, and far off the record 57 percent who in 1997 said they had moved forward in the previous five years."

I don't think I know any of the folks who've actually moved forward, and I'll be that the majority of them aren't taking into account the in

Those rich, greedy Republicans

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University Professor Arthur Brooks has done a considerable amount of research into charitable giving by Americans. Thomas Sowell included some of this information in a column from 2006, which I just happened to run across.

"...food prices have risen at its fastest rate in 17 years and they aren't likely to come down any time soon."

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And those with the lowest incomes suffer the worst, of course. The church we rent office space in has a lunch every Sunday and it has become unbelievably busy lately, with reports of people lining up all the way from the front door into the parking lot, onto 8th St., snaking finally around the back of the building....

Obamanomics

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Barack Obama cannot be trusted with the reigns of power. First, he's a liberal, and liberals endeavor to assume as much power as possible, including running the U.S. economy. Given Obama's ignorance of economics, nothing good could possibly result from an Obama presidency.

Banning Credit Card Solicitation on College Campuses

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Last week the Tennessee State Senate Education Committee unanimously passed legislation out of their committee that would ban credit card solicitations on State college campuses. The bill grew out of concern about students graduating with large credit card debt.

Hungry Poor Riot Around the World

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Commodity prices double in places where people spend 75% of their incomes on food. The conversion of corn to ethanol drives the price of food up even further. We're going to see a lot more unrest before this is all said and done.

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