A woman holds a sign during a protest against high fuel price with other truck drivers April 28, 2008 in Washington, DC. (PHOTO CREDIT: GETTY IMAGES)
FROM CNN's Jack Cafferty:
44% of Americans in a recent survey said paying for gasoline was a serious problem for them. Gasoline costs were the most frequently cited economic concern across all income levels. 25% of people who make more than $75,000 per year said it's a serious problem while a whopping 63% of folks who earn less than $30,000 feel that way.
The cost of gasoline far outranks the number two economic concern, getting a good paying job or a raise at 29% and paying for healthcare and health insurance at 28%. The survey was conducted on behalf of the Kaiser Family Foundation.
And all indications are it's going to get worse before it gets better. As gasoline shoots past $4 per gallon in some parts of the country, the president of OPEC is predicting crude oil prices could hit $200 per barrel. A year ago average gas prices were less than $3 per gallon according to AAA.
One idea being tossed around as a way of dealing with this is the four-day workweek. Several states are considering it. Staggered work schedules would be necessary in order to keep government offices open five days a week, and some have suggested that would end up costing the taxpayers more money. It's also an idea that may gain traction in the private sector. I, for one, think it's a terrific idea.
Here’s my question to you: Would shifting to a four-day workweek be a good way to save fuel?
Interested to know which ones made it on air?
Nisha Rajan, cringes slightly while Kyle Holloway, a University of New Mexico pharmacy student, gives her a flu shot in Santa Fe, N.M. Click the Play Button to see what Jack and our viewers had to say. (PHOTO CREDIT: AP)
FROM CNN's Jack Cafferty:
It's no secret that the health care system in this country is a mess. Right now, there are almost 50 million people who have no health insurance at all and the costs of health care keep rising. A new study out this week even showed that 7% of Americans were willing to get married just so they could get their spouse's health care benefits.
Now, on the campaign trail, each of the three presidential candidates is telling us that his or her plan offers the best solution to the problem.
Both Democratic candidates want to move toward universal health care coverage. Hillary Clinton, who tried to tackle health care in 1992 and failed, is proposing an individual mandate requiring all Americans to sign up for health insurance. Obama doesn't go quite that far, but his plan requires coverage for all children. Both Democrats' plans build on the current employer-based system and impose new regulations on insurers. The Republican, John McCain, says these ideas are "inefficient" and "irrational." He is opposed to mandates and direct regulation. Instead, he favors using tax credits to draw workers away from company health plans. He says that would allow people to find cheaper insurance on their own, more tailored to their individual needs. This proposal was similar to one proposed by President Bush last year which flopped in Congress, failing to get even a committee hearing.
One other item not being talked about by any of the candidates is this: The current government health care plan, Medicare, represents tens of trillions of dollars in unfunded liability.
Here’s my question to you: How optimistic are you about the future of our health care system?
Interested to know which ones made it on air?
(PHOTO CREDIT: GETTY IMAGES)
FROM CNN's Jack Cafferty:
The federal government began sending out checks to taxpayers this week as part of its economic stimulus plan.
130 million payments totaling more than $110 billion will eventually be made to citizens who filed a tax return for 2007. The minimum amount is $300 with $600 going to single taxpayers who earned less than $75,000 and $1,200 going to couples who earned less than $150,000. Uncle Sam will also pay $300 for each child under the age of 17.
The idea is to give our sagging economy a shot in the arm. Officials hope people will spend the check as opposed to using the money to pay down debt or simply saving it. But surveys indicate most folks will send it to the credit card companies, put it in their gas tanks, or stick it in the bank.
Retailers smell all this money and are already announcing promotions designed to get you to come to them so they can empty your pockets of all this additional dough.
But at the end of the day how much impact this will have on an economy that is likely already in recession is questionable.
It's important to remember this is an election year, and this was one of the very few items both parties could agree on in Washington all year long. The politicians figure tossing bread crumbs to the masses creates the impression they care what happens to any of us. I seriously doubt it.
Here’s my question to you: How much of a difference will the stimulus checks make to our economy?
Interested to know which ones made it on air?
FROM CNN's Jack Cafferty:
When it comes to John McCain, his age is an issue with some people. The senator from Arizona is 71 years old. If he is elected President of the United States he would be 72 on inauguration day…making him the oldest person ever sworn in for a first term. If McCain served his full two terms, he would be 80 when he left office.
McCain spent MORE THAN five years as a prisoner of war in Vietnam, and has suffered several bouts of melanoma…a potentially fatal form of skin cancer. His doctors assure us McCain is healthy and cancer-free…but so far his campaign has refused to release all of his medical records. We are told they will be made public some time next month.
In the meantime, reporters who are half McCain's age say they can barely keep up with the septuagenarian as he campaigns for the nation's highest office. Fourteen-hour days climbing on and off airplanes and buses and giving one speech after another are not uncommon.
And yet doubts persist. Being president ages a person in ways no other job does. The responsibilities are so big…the problems so important, that trying to handle them can take years off your life. Look at pictures of any president on inauguration day and compare them with pictures of the same man when he leaves office, and the effects are immediately apparent.
Here’s my question to you: John McCain have a better chance of being elected if he promised to only serve one term in office?
Interested to know which ones made it on air?
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