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Old 05-17-2014, 04:17 PM
 
79,907 posts, read 44,222,338 times
Reputation: 17209

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Quote:
Originally Posted by MTAtech View Post
Yes, the Fed believes there should be more inflation because they are right. Prices may be rising but not above the 2% target.
Excluding things like food, fuel, utilities.......things people must purchase everyday.

 
Old 05-17-2014, 04:18 PM
 
Location: Long Island, NY
19,792 posts, read 13,954,445 times
Reputation: 5661
Quote:
Originally Posted by pknopp View Post
Up and down in any particular week. The only reason gas is around the same price people complained about under Bush is because they picked the same loser to run the Fed.

Gas was also $1.78 when Bush left office.
At the lowest point in economic activity. One can't say that $1.78 was normal. I'd rather have a better economy with higher gas prices.

 
Old 05-17-2014, 04:55 PM
 
Location: sumter
12,970 posts, read 9,662,326 times
Reputation: 10432
Gas prices have been actually creeping down around here. Last week I been paying 3.75 for premium gas and now its down to 3.70 for premium.
 
Old 05-17-2014, 04:59 PM
 
2,672 posts, read 2,718,914 times
Reputation: 1041
$3.31 a gallon for regular in Tucson. Should we thank Obama or curse him. Who is to blame for gas at $3.31 a gallon. If you are a Tea Partier your brain is stuck in 1966 so is it inflation or is it Democrats..Tell us Tea Party..inquiring minds want to know.
 
Old 05-17-2014, 05:01 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,337,717 times
Reputation: 7627
Quote:
Originally Posted by pknopp View Post
Up and down in any particular week. The only reason gas is around the same price people complained about under Bush is because they picked the same loser to run the Fed.

Gas was also $1.78 when Bush left office.
Sure, up and down on any particular week, but the overall tend is gradually drifting downward - with lower peak prices in each of the last few years. That's a fact.

And yeah, gas was $1.78 a gallon when Bush left office - MAINLY BECAUSE SO MANY PEOPLE WERE IN THE PROCESS OF LOSING THEIR JOBS AT THE TIME.

That's one sure way to lower gas prices - just have 700,000 people a month being laid off.
Hell, any moron could lower gas prices drastically just by driving the economy over a cliff the way Bush did.
Do you REALLY think that's a good way to lower gas prices?
Really?
REALLY?


Ken
 
Old 05-17-2014, 05:11 PM
 
Location: Virginia Beach
8,346 posts, read 7,046,395 times
Reputation: 2874
Quote:
Originally Posted by gretsky99 View Post
I point the finger at Obama and the leftwing environmental fanatics!
Which only proves that idiots know how to point fingers, not that they're actually right.
 
Old 05-17-2014, 08:17 PM
 
1,143 posts, read 1,080,540 times
Reputation: 722
Quote:
Which only proves that idiots know how to point fingers, not that they're actually right.
Oh no...Obama hasn't been waging a war on fossil fuels. I really wonder who the real idiot is.
 
Old 05-17-2014, 10:26 PM
 
Location: Virginia Beach
8,346 posts, read 7,046,395 times
Reputation: 2874
Quote:
Originally Posted by gretsky99 View Post
Oh no...Obama hasn't been waging a war on fossil fuels. I really wonder who the real idiot is.
Idiots who think the President have any actual influence on gas price.
 
Old 05-17-2014, 11:07 PM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,337,717 times
Reputation: 7627
Quote:
Originally Posted by gretsky99 View Post
Oh no...Obama hasn't been waging a war on fossil fuels. I really wonder who the real idiot is.
Um yeah, he's "waging a war on fossil fuels" - which of course explains why the US is on the verge of becoming the world's largest oil producer.


Ken
 
Old 05-17-2014, 11:13 PM
 
Location: ATX-HOU
10,216 posts, read 8,121,492 times
Reputation: 2037
Quote:
Originally Posted by gretsky99 View Post
Oh no...Obama hasn't been waging a war on fossil fuels. I really wonder who the real idiot is.
You do realize oil and gas production are both almost back to their peaks...... Or does that not fit your tea bagger narratitive.... I'm guessing it's the latter.
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