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Gas Prices and Political Mythology

Rammbo Wrote: Sep 19, 2012 10:40 PM
My LapDog Media Sunday paper on Sept. 16 had a front page article and accompanying chart (provided by the US Energy Info Admin) purporting to show that, based on a murky inflation factor, the doubling of gas prices since Obama's inauguration was identical to the rise of gas prices during Bush43's second term. However, if you "reverse-engineer" the logic, you would have to believe that, in 2005, gas prices were under $1.00/gallon and then rose to $1.79/gallon by the end of 2008!!! I'm sure someone else can explain it better, but I think America needs to understand the total disinformation campaign that is "informing" our citizenry.
If there is any issue you can be sure will come up during a presidential election campaign, it's gasoline prices. They are simple, important and plainly visible to anyone who drives. They're the classic pocketbook issue: When prices are low or at least falling, voters somehow feel better than when prices are high or rising.

Lately it's been the latter. During his acceptance speech at the Republican convention, Mitt Romney faulted President Barack Obama because "gasoline prices have doubled" on his watch, while lamenting the plight of a hard-pressed American "watching the gas pump hit $50." Message: You won't...
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