Remember When The Media Relentless Hammered Bush Over High Gasoline Prices?

image

Ahh, good times, good times ……

Here’s one story ….

Gas Price Rings Up Big Cost For Bush

WASHINGTON — It’s debatable whether President Bush has much to do with what companies charge for gasoline, but as prices keep rising, he’s paying a political cost.

“Gasoline prices drive the perception of the economy,” said Chris Barnes, associate director of the University of Connecticut Center for Survey Research & Analysis. “It makes people feel worse than they should.”

No matter how many jobs are created or how tame inflation remains, if people keep seeing signs screaming $2.10 or more for unleaded regular, they’re going to feel uneasy about the economy.

The White House knows the political danger. Last week, Commerce Secretary Donald Evans said the administration was seriously considering steps aimed at bringing down prices, and was clearly worried that the rising cost of fuel could dampen consumer spending.

Here’s another from the LA Times …

….. The current occupant of the White House isn’t seeking reelection, but Democratic presidential hopeful Sen. Barack Obama immediately seized on the gasoline issue, accusing the younger Bush of failing to understand the hardships ordinary Americans are facing as prices rise and the economy falters.

“When I hear George Bush say that he doesn’t think we’re in a recession, when somebody tells him that, you know, gasoline prices might reach $4 a gallon and he says, ‘That’s interesting. I didn’t know that’. . . . That’s a sign we have a Washington that is out of touch,” the senator from Illinois said to cheers and laughter from a crowd of about 2,000 at a campaign stop in Beaumont, Texas.

Obama’s rival for the nomination, Sen. Hillary Rodham Clinton of New York, expressed concern about fuel costs during a visit with two families in Pomeroy, Ohio. “We need to give more authority to the government to go after these oil companies to ask the hard questions,” she said.

Well, the average US gasoline price is about $3.70 and going  up.  Where’s the media?  How come they’re not hammering Zero over the prices? 

This entry was posted in Economics, Energy, News and politics. Bookmark the permalink.

8 Responses to Remember When The Media Relentless Hammered Bush Over High Gasoline Prices?

  1. tom0mason says:

    Back in the Bush administration days the WH understood that the climate was governed by the variances of the sun and its solar output.
    These days the WH believes very differently.

    Science has come along way since Bush’ administration, see the improvements here –
    http://notrickszone.com/2012/03/02/emphatic-blow-to-co2-warmists-new-study-shows-a-clear-millennial-solar-impact-throughout-holocene/

  2. kelly liddle says:

    Your monetary policy is working then, your dollar is going down. Simple equation dollar down = goods up. So I hear there will be an industrial renaissance because of this but I will let others try to catch the falling knives (just my opinion and I could be wrong).

    • suyts says:

      LOL, no, there won’t be. No matter how low our dollar gets, it won’t get as low as the average currency value in 3rd and 2nd world nations, which is where all the industry wants to move.

      • DirkH says:

        There will, in Chinese operated Free Trade Zones in the US, Chinese already own an old Pittsburgh steel mill and refit it, and dozens other commercial zones in the US, bringing their own people like they do in Afrika. Chinese are buying up Detroit as well.

  3. philjourdan says:

    THe faithful never question their faith’s leader.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s