Don’t say President Obama has never kept any of his promises. In 2008, Obama told the editorial board of the San Francisco Chronicle, “under my plan…electricity rates would necessarily skyrocket.” According to USA Today, he fulfilled on his pledge. In 2010, the average family paid $300 more a year for energy — more than any time in the previous 14 years.

Break the family budget? Yes, we can! McPaper reports:

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Prices are climbing, too, hitting a record 11.8 cents per residential kilowatt hour so far this year, reports the Energy Information Administration. The increase reflects higher fuel prices and the expense of replacing old power plants, including heavily polluting — but cheap to operate — coal plants that don’t meet federal clean air requirements.

“Higher bills are a huge problem for low income families,” says Chris Estes, executive director of the North Carolina Housing Coalition, which opposes a proposed rate hike in its state by Duke Energy. “Utilities are what people’s budgets start with.”

Why are prices rising? Obama is waging a war-by-fiat on coal-powered plants and other domestic energy sources.

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Robert Bluey of the Heritage Foundation has estimated the government is losing $3.7 million in tax revenue every day because Obama will not allow companies to drill for oil in the Gulf of Mexico, $1.35 billion this year alone.

If there is any consolation, it is only the gallows observation that fewer and fewer Americans have homes.

Again, USA Today reports that 1.6 million American children are on the streets, up one-third from 2007 according to a study conducted by the National Center on Family Homelessness. A recent HUD study found an increase in overall homelessness, as well. The South is particularly hard-hit. A woman who heads a shelter in Alabama says, “Poverty in Alabama is severe at best. We were already in dire straights, and then you get the economy. It’s kept us on the bottom.”

The economy is not keeping America on the bottom. Obama is.

This news should make Obama’s environmentalist advisers thrill with delight. They believe Americans have too much purchasing-power, so making them poor reduces their carbon footprint. Hounding Americans out of their homes and herding them into large homeless shelters reduces carbon output, as well.

A socialist economy puts America out of work, and the environmentalist extremists move to change its underlying structure to make “the new normal” permanent.