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How do you account for the low gas prices under Bush when the economy was setting records, we were paying down the deficit, the stock market set all time record highs, unemployment was low, GDP was high, and Federal Revenues were also setting records?
Low prices? Where were you? I think you have a touch of selective memory. I had to scale back my vacation plans in 2008 because gas was about $4.25 a gallon (over $5 in many places) before the weight of misguided Republican policies collapsed the economy that winter. And we were repaying the deficit under Bush? 700,000 thousand losing jobs each month is low unemployment? Negative GDP is high GDP? Oh, my...
BTW, the stock market has also doubled under Obama. Let's not go back to the policies that nearly destroyed our economy. I would rather pay a bit more for gas and have an economy that has been growing since Obama took over than cheap gas and a return to the near-depression that Republicans caused.
Last edited by Ponderosa; 09-15-2012 at 10:13 AM..
Low prices? Where were you? I think you have a touch of selective memory. I had to scale back my vacation plans in 2008 because gas was about $4.25 a gallon (over $5 in many places) before the weight of misguided Republican policies collapsed the economy that winter. And we were repaying the deficit under Bush? 700,000 thousand losing jobs each month is low unemployment? Negative GDP is high GDP? Oh, my...
BTW, the stock market has also doubled under Obama. Let's not go back to the policies that nearly destroyed our economy. I would rather pay a bit more for gas and have an economy that has been growing since Obama took over than cheap gas and a return to the near-depression that Republicans caused.
Psst, don't remind them of that. Remember, to right-wingers, gas prices were none existant before 2009.
How do you account for the low gas prices under Bush when the economy was setting records, we were paying down the deficit, the stock market set all time record highs, unemployment was low, GDP was high, and Federal Revenues were also setting records?
Sounds like you are confusing Bush with Clinton.
Bush didn't "pay down" the deficit - it exploded under him.
And gas prices reached the highest ever under Bush - just before the economy collapsed and dragged gas prices down as demand crumbled.
Do you like high gas prices? Vote for Obama and Bernanke. If you DON'T like high gas prices, get a clue.
Quote:
Originally Posted by rikoshaprl
The Fed's QE 1, 2, and now 3 is devaluing the dollar which just raises all commodity prices, especially oil and gasoline. Romney will not re-appoint the Bernank but Obama will.
Obama's anti-fossil fuel policies are also raising gasoline prices. His EPA has made drilling more difficult and costly. He has delayed or stopped permitting. He stopped the Keystone Pipeline. GasBuddy Blog - Up To Date Gas Price News and Information
Gas prices have more than doubled since Obama has been president. They are headed much higher too. Bush's fault?
Gas prices have been high for a couple of decades.
Those who LIKE high gas prices should continue to use lots of gas and drive a full-size V8 SUV to carry themselves and an occasional bag of groceries.
Those who realize gas prices will remain high and only climb higher as global demand increases are more likely to minimize their driving and own more fuel efficient vehicles.
Politics plays a very small role in gas prices, today or yesterday. Those who want to pretend otherwise are free to hate Obama. You do anyway.
Sounds like you are confusing Bush with Clinton.
Bush didn't "pay down" the deficit - it exploded under him.
And gas prices reached the highest ever under Bush - just before the economy collapsed and dragged gas prices down as demand crumbled.
But I though your president was going to fix all this. Everytime you blame bush you are telling me that Obama is really not god. For god would have fixed it. Obama is powerless and unable.
Then again, is exactly what Obama intended to do. In order to change the fundamentals of anything you have to first break it down. They do this in the military.
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Do you like high gas prices? Vote for Obama and Bernanke. If you DON'T like high gas prices, get a clue.
