Michele Bachmann: Pumping in Votes at $2.00 per Gallon
Amid all the debt crisis talk, the discussions centered on creating jobs, the political street fight over raising tax revenue, and the finger pointing from S&P and wall street, we have but one presidential candidate who has a universally approved proposal to put money back in the pockets of American citizens. Minnesota Congressional Representative Michele Bachmann promised voters Tuesday that if she was elected “[we] will see gasoline come down below $2 a gallon again. That will happen.” For the moment, let us suspend all rational disbelief, and assume this promise actually holds weight. If Rep. Bachmann can do this, it would, by simple economic principals, create jobs, stimulate economy, and help the savings and lending crisis. Putting more money in pockets gives citizens more buying potential, which if they choose to spend, creates demand, and by consequence of demand, more jobs. Ergo, economic growth. Declaring war on gas prices is a policy even the most cognitively insufficient lawmakers cannot oppose. It seems so sensible we can only wonder why this has not yet been discussed by a single soul residing on Capitol Hill?
There is only one real problem with the plan of Rep. Bachmann; it does not exist. Michele Bachmann seemingly made the accusation that high gas prices are the fault of the President, when she stated, “The day that the president became president gasoline was $1.79 a gallon. Look at what it is today.” It would appear, at least for the moment, that Rep. Bachmann believes the only factor in gas prices is President Obama. The major fault with this assumption: a President does not determine the price of gas; the global price of oil does. However, since the S&P downgrade, the price of oil has dropped substantially, yet at the time Bachmann made her statements the national gas price was still at $3.58 per gallon, according to AAA. Maybe the republican presidential candidate is on to something. After all, big oil is still rolling in larger and larger profits year after year, and telling us that if we do not pay the price at the pump which we do, they will not have any profit. It is nice to see one politician calling their bluff. The bold faced lie that they have to charge what they do or go bankrupt does need to end; particularly when oil companies continue receiving luxurious government subsidies, at tax pays expenses, then paying out big bucks to keep tax reform from happening which would take away their subsidies. Dollar bills speak loudest in America and Rep. Bachmann is hoping that will make the difference in her Presidential campaign.
So the question begs to be asked; can we trust Michele Bachmann? Americans are increasingly exasperated by campaign promises which yield no results. Both sides of the isle are equally guilty; moreover, it is the rare exception where a candidate can claim they fulfilled all campaign promises. Furthermore; we know that rep. Bachmann is a staunch republican: The same republicans who are overwhelmingly pro big corporation. Why should we believe that Michele Bachmann will attack the some of the biggest corporations in the country? Rep. Bachmann’s statement seems to counter itself when one looks at the numbers. In early November 2010 the average price of gas was still hovering around $2.85 per gallon. When pro big corporation republicans retook the house in the November elections, we saw the price of gas jump drastically, almost overnight. This gives us the clue that gas prices being raised may have more to do with Rep. Bachmann than it does with Obama. On the surface this claim produces the stench of another empty campaigned promise and case political finger pointing.
If that assumption proves to be false, however, this is the best news America has heard yet from the campaign trail. Slashing gas prices in half would be the best thing a politician could do for American citizens in today’s economy. It is very much undetermined if Rep. Bachmann will win the republican primary, and become the candidate to challenge president Obama; however, if that is the case, with all the accomplishments the president can claim to in his first term, all would be dwarfed by a 50% cut in fuel costs. Obamacare, stimulus, bailout, bringing retribution to America for Osama Bin Laden, and continuing a successful campaign in the Middle East still do not compare to the prospect of saving American families $50-$90 per week or more at the pump. In the event that this actually does occur, it will affect every single person in the country in a positive way, naturally stimulate the economy, and maybe even most important, put a little faith back in Capitol Hill. Yet it does not just stop at putting a smile on our faces. A significant portion of our nation’s deficit spending is due to funding two major wars and building two nations. If the cost of fuel is cut in half, the operating costs of American military machines will be reduced drastically, potentially saving American tax payers hundreds of millions, or even billions of dollars each year. We can only hope that money would not then be spent domestically.
The biggest hole in rep Bachmann’s plan… She does not have a plan. Her proposal so far is in the idea stage, which worries me that it is a campaign promise over one year before the Presidential election. However, if Bachmann wants to lock up millions of votes, mine certainly included, she ought to release a solid detailed public brief on her plan to lower fuel costs at the pump. Because lower fuel costs will affect my life in w much greater way than any other policy which has become law lately, if Rep. Bachmann can develop a solid plan to lower fuel costs–without government subsidies or more major spending–she will, without question, be the candidate i cast my ballot for next November.
Written: 17 Aug, 2011