Then when he is asked about the prospect of the price of gas reaching $4 a gallon 

Bush says

“That’s interesting. I hadn’t heard that. … I know it’s high now.”

OK so where has this guy been while he is presumably running this country? He obviously has no idea about the increased cost to live on a DAILY basis as our American jobs continue to be outsourced to other countries.

Like I have said before the unemployment rate in our state is over 7%, the price of gas this week is $3.17 a gallon, and industrial plants are closing left and right. If our President thinks that any person in this state is going to be able to spend their “stimulus rebate” on fun stuff, HE’S CRAZY! The people of Michigan will be trying to save themselves from foreclosure, try to keep their cars so they can get to work, and if there is any money left over it will go to our local utility company for our extremely high heating bills this year.

CNN just ran a story about the astronomical rise in food prices this year. It stated that the average price of milk has rose 17.7%, eggs 34.7%, bread 5.7% and wheat is up over $12 a bushel.

Let’s break that down in real terms…

In the past year milk is $1 more a gallon, we purchase 6 gallons a week (growing boys), that’s an additional $312 a year.

Eggs are up approximately $1 also, we only purchase 1 dozen a week (thankfully), that’s an additional $52 a year.

Instead of bread I am going to use cereal, which I know has risen at least $1 this year. We purchase 5 boxes a week, that’s an additional $260 a year.

Add that up and it is an additional $624 on just milk, eggs and cereal!

I guess I should mention that my husband is an Ironworker and commutes to work everyday, which depending on the gas price is anywhere between $150 – $200 a week! (average $9000 a year) So how is $1200 going to help us? It was our money to begin with!

This is happening to Americans across the country, and it is absurd for our President to try to pull the wool over our eyes by calling this a “slowdown”.

With the candidates running in the upcoming election ….it doesn’t look like it is going to get much better anytime soon.

UPDATE:

This picture was posted on The Fox News home page this morning!

George Bush will be eating crow for breakfast!

Drivers in San Mateo, Calif., shell out more than $4 a gallon for gasoline, as crude oil prices extend their march into record territory, hitting $103 a barrel.

Read About It - Oil Surges to Record Above $103 as Dollar Weakens