• BarneyPiccolo@lemmy.today
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    6 days ago

    The price of gas is an extremely powerful weapon that Dems need to use. To the average American, it is the equivalent to what the Dow is to rich people. It is the prime economic indicator for the majority of Americans. It doesn’t just represent the price of gas, it represents the economic environment we are in.

    For decades, Americans have tied their perception of the economy to the price of gas. When gas goes up, it means our country is having a major problem, and that affects EVERYTHING else. Time and experience have socialized us to believe this. The higher it goes, the tighter people get with their money, and they stop spending it. We are in that stage right now. After Consumer Confidence being -11 percent for the first quarter, it dropped to -38 in April. We have already gone off the cliff, and it’s going to start showing very soon.

    The price of gas is posted on literally EVERY corner, and it represents far more than a few more cents out of our pockets. It’s a constant daily reminder of the state of our economy, and more importantly, whose fault it is.