I just got my car filled up.
Gas in New Jersey is generally about the cheapest in the nation which means this even worse elsewhere!
I checked to see what a barrel of oil is going for and was shocked to learn that yesterday's price of $70.20 was only sixty cents off the post-Katrina record. Now if you're like me and don't have an economics degree, condider this: a barrel of oil was going for twenty bucks five years ago. Wasn't the Iraq war supposed to make gas cheaper?
And speaking of the Iraq war, do you think it's a coincidence that I have not gotten a substantive tax refund since the war began? This year I am getting $50 which is barely enough to fill up my Hummer. (just kidding) Looking back, i recall getting a pretty nice return every year since I was a 16-year-old working at Wendy's. It was always enought to look forward to. I guess no matter how you feel about Bush's Iraq war, we can all at least agree that it's damn expensive.
But put my liberal politics aside and consider this: if you and I managed our finances the way the republican- led govenment has done with the federal budget, we'd be such toxic credit risks that we'd need a co-signer to get a cell phone! It's a shameful legacy to leave for our children and grandkids.
(Image courtesy Clay Bennett)