After the recent passage of the controversial energy bill this year, middle class american’s have little to be thankful for this Thanksgiving. With the middle class struggling to survive as incomes decline, pensions shrink and the prices they pay for necessary items rise, they can expect to pay record high energy bills this winter. But help is on the way…and I don’t think this was part of the energy bill.
In what many critics are calling a ploy to further thumb his nose up at President Bush, Venezuelan President Hugo Chavez has announced that CITGO, a Venezuelan state-owned oil company plans to sell residents in Boston and the Bronx a total of 12 million barrels of heating oil at a 40 percent discount.
I find Chavez’ timing impeccable. With the winter heating season approaching and the recent rejection by a Republican majority to force energy companies to give back some of their profits to fund relief for low-income taxpayers in this country, I find this ironic that support for our middle-class must also come from offshore.
I would hope that this will send the Bush Administration a wake up call. While the Administration continues to focus on the ‘War on Terror’ and repeatingly turning a blind eye on domestic issues, the American middle class is struggling to survive…and is slowly becoming extict.
I agree with you on both points. I feel we should help out domestic America much more than we do, I also feel the middle class is being squeezed. I feel the middle class attempted to display to management that they controlled the situation during the 90’s, many strikes and walkouts were staged to break existing contracts so that the contracts were renegotiated to more exuberant contracts for the workers. The result of what many thought were huge gains in the 90’s was actually the beginning of companies starting to look off-shore for workers. Many large companies reluctantly gave in to worker demands in the 90’s but while agreeing to temporary gains for the workers they began developing plans to off-shore and outsource their jobs. Now the management in many companies have turned the tables on workers and they are now bargaining once again from a position of power. Because certain unions led workers to believe they were in the cat seat there was a false sense of security, now many of these same unions are just trying to save their own face while management devastates their union members with layoffs and outsourcing. While I believe the energy crisis is a short term problem the middle class extinction definitely needs more scrutiny from all Americans.
Funny thing, my heating bills are not that bad this year, ‘Yet’. I guess we will see how this all plays out. I hope the winter does not cause my bill to go through the roof.