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This Is the Energy Election

September 4, 2008
Date:
Sep 3 2008
URL:
http://article.nationalreview.com/?q=NzYyMmU0ODE1ZjFlMjZkODcwNTdiOTgzYjI4ODdlYWI
Source:
Lawrence Kudlow, NRO

The number-one economic issue this election is gasoline prices at the pump. The tax-hike effect of surging oil on global markets that has translated to a huge spike at your local gas station has drained the economy of its vitality. It has damaged consumer purchasing power, made it tougher to pay mortgages on time, worsened the credit crunch, raised the inflation rate, undermined corporate profits, and thrown stocks into the first bear market in five years.