This Just In...
Kevin Fischer is an award-winning veteran broadcaster who has been seen and heard on Milwaukee TV and radio stations for nearly three decades.
Kevin, who is a legislative aide to state Sen. Mary Lazich (R-New Berlin), can be seen offering his views on the news on the public affairs program, “InterCHANGE,” on Milwaukee Public Television Channel 10, and heard filling in on Newstalk 1130 WISN. He lives with his wife, Jennifer, and their baby daughter, Kyla Audrey, in Franklin.
Higher gas prices kill
By Kevin Fischer
Tuesday, Jul 15 2008, 11:29 PM
A brand new report says the higher gas prices go, the worse it is for American households, even if everyone in the house walks. But before we get into the specifics….
When I usher at St. Anthony’s every Sunday morning, it is a sure bet every week that one of the ancient ushers I volunteer with, a curmudgeon of an old grump will hit me with a weekly update on the price of gas. As if I didn’t know gas was expensive.
And this ray of sunshine doesn’t even drive. Yet he hasn’t said “Good morning” to me in years. I, instead, am confronted with, “Did you see gas is $4.11?”
About a year ago this time, a reader objected when I found fault with another blogger who loves high gas prices. High gas prices kill.
The Heritage Foundation in a new report finds that if prices keep going up:
- Total employment would decrease by 586,000 jobs,
- Disposable personal income would decrease by $532 billion,
- Personal consumption expenditure would decrease by $400 billion, and
- Personal savings would be spent to help pay the cost.
What about individual households?
Take a look.
The argument that high gas prices will force a change in driving behavior and will thus, be good for the country, is hogwash. It will be devastating for American pocketbooks.
Read the Heritage Foundation report.
Let’s start drilling domestically, let’s start building more refineries, let’s lower gas taxes. Let’s do it for the average American family.
