posted on Apr, 30 2011 @ 08:56 PM
How much as the dollar been devalued since he took office?
How many trillions of dollars have evaporated?
How much deeper in debt as a nation are we since then?
The reasons are complex and varied... But among them the value of the dollar, or buying power on the international markets is less, so it takes more
to buy oil.
Obama could ease this problem with increased domestic production of oil. But that isn't going to happen.
Economic recovery will require a trade war of sorts, you can't get people back to work if all of the jobs have been exported to other countries
because the USA doesn't manufacture much of anything anymore.
Bottom line, we are doomed... Don't be surprised if gas prices average out at over $6 per gallon by December... And by then the USA will be in a full
economic collapse as a result.
Not to mention the severe problems we are going to have to deal with this summer.
It's time for the president and others to stop talking and do what has to be done to save this country... Actually it's too late... I've wasted time
on this post.
edit on 30-4-2011 by Fractured.Facade because: (no reason given)