Congressional Candidate Adam Hasner has taken a new approach to politics. He presents the math. Hasner asks in a recent email,”How many dimes do you have in your pocket right now? Ten cents won’t buy a pack of gum at the grocery store anymore, but at the gas pump, that little silver coin can make a big difference to America’s economy.”
“Did you know every time gas prices go up by just 10 cents, the buying power of American consumers shrinks by $11 billion over the course of a year?, states Hasner.
Zunaira Zaki from ABC News writes:
As the national weekly average for regular gas continues to climb — now $3.59 a gallon, up 7 cents from last week, according to the U.S. Energy Information Administration — here’s how soaring prices are affecting American consumers:
- The average American household spends $3,348 of its after tax income on gasoline and diesel.
- A 10 cent rise in prices means that the average household spends $93.25 more on gas and diesel per year.
- Lower-income households are most sensitive to fluctuations in energy prices. Households in the lowest income quintile spend about 11 percent of their income on energy (which includes gasoline, natural gas and electricity), whereas households in the highest quintile spend 6.8 percent of their income on energy, according to the Bureau of Labor Statistics.
Hasner notes, “For decades, Washington’s energy policies have failed to make real progress toward true energy security. As a result, gas prices are on a perpetual roller-coaster, seemingly breaking record highs on a regular basis.”
Hasner supports an, “All of the above energy approach that relies on innovative, cost-effective renewable energy technologies, new domestic oil and natural gas exploration, safe and reliable nuclear power, and market-driven solutions to keep energy costs affordable for Florida families.”
“Affordable energy costs are critical to getting our economy moving again and bringing jobs back to our country. Now more than ever, we need made-in-America energy solutions to fuel growth and ensure our national security today and for future generations,” states Hasner.
Hasner concludes, “This election isn’t about Republicans or Democrats; this election is about math. And now is the time to tell Washington we expect real energy results, because while 10 cents may not seem like a lot to them, those dimes add up for the rest of us.”