A little over a week ago newspaper headlines confirmed what the American people have been suspect of for months now. The American Economy is in a recession. As I read those very headlines I thought to myself, "Ok, great. Now tell us something we didn't know." The effects of the economy are felt at home on a daily basis by everyone. Families across the nation are having to be more careful and observant of their spending. Cutting spending on vacations, extra luxuries, and minimizing use of fuel, families are feeling this recession in their pocketbooks. Now, the cause of this recession is not the decrease in spending by the American people. No, it started long before Americans stopped spending their own money. This recession that we are currently in began in Washington D.C. with poor government spending.
Ever since I can remember the U.S. has been fighting some sort of war in the Middle East. Currently thousands of American soldiers are stationed in Iraq. Now, if I do recall the issue of oil in Iraq was brought up to President Bush, and he stated that U.S. forces were not fighting there because of oil. We are over there to liberate the Iraqi people from totalitarian ruler, Sadaam Hussein, search for weapons of mass destruction, and help establish democracy in their government. So, what our President is trying to tell us that our reliance on the Middle East for fuel has absolutely nothing to do with the fact that we are spending millions of dollars doing damage control there. I beg to differ. The U.S. is fueled by oil. And unstable governments in the countries of which we get our oil or close to those countries could stop our readily available oil supply. Our dependence on foreign oil is a problem. It is a problem that we have more than enough resources to solve. There are alternative fuels that we, as a nation, could begin using in order to "wean" ourselves from foreign oil. This dependence also causes unnecessary spending on insanely expensive crude oil. It seems to be that when our country irritates the wrong people in the middle east, we pay for it by watching the price of oil per barrel sky rocket. The American government and people must become less dependent on foreign oil if we expect our economy to get better.
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3 comments:
American people have been suspect of for months now.
Red hairing
Not all people would have thought so.
thats not a red herring. it true. and its in my intro read the rest.
Looks like your talking about oil not the recession. The recession might have a little to do with oil but it as a whole lot to do with the spending of money that no one has. AKA Credit. The govenment does it the daily person does it. This world of ours has been running on credit for to long and now there is no money to loan. It can be blamed where ever you want but it has a whole lot to do with everyone in the world. In today's world you can buy a toothbrush or even a candy bar on credit. Sooner or later that money was going to have to be paid back and no one has it to pay it back. Oil is not so much of an issue now but everyone running on credit is a big issue.
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