Sunday, October 07, 2012

Energy Expenditures

Lower-income households spend a much greater percentage of their income on energy than to higher-income households.  Therefore, an increase in energy prices will disproportionately hurt low-income families.  Over the past couple of years energy (and food) prices have been steadily increasing.  Where are the administration's actions to demonstrate that they actually, as they say, care for the poor and middle-income Americans?  They should be taking every options to reduce energy prices, not doing everything in their considerable power to increase energy prices. 

Chart from HERE:

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