As the luckiest Americans try to enjoy the holidays this summer — as they run out of cash and rack up high-interest credit cards — they should be focusing on a fundamental underlying cause of the struggle. : far-left activists and a crippled president they control have attacked our way of life.

Let us leave socialist social reconstruction aside and consider a few economic facts in isolation. On their own, they are enough to cause widespread misery:

• Unleaded gasoline has hit national record high prices for 35 of the past 38 days.

• As of Friday, the national average price of gasoline has exceeded $5 for seven days in a row.

• Forecasts show that the cost of fuel will rise with no imminent end in sight.

• Fixed mortgage rates hit their highest level in more than 20 years last week, as inflation forced a massive hike in interest rates, meaning few young Americans can buy their first home.

• A survey by Willis Towers Watson last week found that more than a third of American workers had salaries above $100,000 in paychecks, more than double from 2019.

• A survey conducted by Lending Club reveals that more than 55% of millennials earn $250,000 directly through paychecks.

• Lending Club finds that nearly 100% of millennials barely make ends meet, regardless of income.

For low-income households, the economy under President Joe Biden means going without adequate food, shelter and transportation. Across Colorado and the country, donations to food pantries, soup kitchens and homeless shelters are down and on a downward trajectory.

When people cannot afford to buy food for themselves, it is difficult to give it to others. That means the poorest of the poor are struggling with even less, which means the economy is causing disproportionate suffering among the non-white minorities Biden claims to care so much about.

It started with Biden, and he continues it at every opportunity.

Fossil fuels are the foundation of the global economy and will remain so throughout the lifetime of everyone alive today, regardless of the pipe dreams of activists. It’s just a fact. Without fossil fuels – at this point and for at least another century – we have no food, shelter or clothing. We don’t have solar panels or wind turbines. None of this is possible without oil, gas and coal.

No country produces more oil and gas than the United States, and we do so with the highest safety and environmental standards in the world. Biden has always been committed to destroying the global economic base, and we’re starting to see what that looks like.

“Kiddo, I want you to take a look. You don’t have to agree. But I want you to look at my eyes. I guarantee you. I guarantee we’re going to end the fuels fossils.

This was Biden answering a question and shaking hands with a young woman during a campaign stop on October 6, 2019 in New Castle, NH

Two months later, while speaking in West Virginia, coal miners expressed concern that Biden’s anti-energy agenda could threaten their jobs. Biden did not dispute this concern.

He told the miners to learn to code computers – a cake-walking moment that left the crowd silent.

During a debate with then-President Donald Trump on October 23, 2020, Biden promised to “transition the oil industry.”

On the day of his inauguration, Biden signed an executive order halting construction of the Keystone XL pipeline. With the flick of a pen, he’s cut out the greenest, most efficient way to transport crude the world needs for everything.

One less pipeline extension means more dangerous, expensive and environmentally damaging transport of crude oil by fuel-guzzling trucks, trains and tankers that can spill.

Biden’s message has, in every possible way, undermined the confidence to invest in fossil fuel exploration and production. His decision to artificially inflate the economy with trillions of dollars backed by no labor or production has contributed so much to the labor shortage that the national oil and gas companies cannot increase production, regardless. regardless of their profit potential.

The price and availability of everything the world needs to thrive and survive depends on an abundant supply of fossil fuels. It is an irrefutable fact. Biden and his far-left base want to ban primary energy at the expense of humanity and the environment and the pain is just beginning.

When life costs too much, blame Biden and his leftist puppeteers. In November, render them powerless by giving control of Congress to the party most compassionate to humanity and the planet we live on.

The Gazette Editorial Board