edthecynic
Censored for Cynicism
- Oct 20, 2008
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Since a half-truth is a whole lie, obviously only CON$erviNutzis are allowed to lie about those 3 things.
UE was 7.2 and SKYROCKETING UPWARD when Bush left in disgrace.
UE is 8.3 and DROPPING DOWN now.
Gas peaked over $4 and oil over $140 during Bush, it is lower now and even lower in real dollars. If you remember, during the Bush years CON$ were telling us that gas was a bargain, see Stossel below!
The GOP debt was over $10 trillion with carryover expenses of interest on the GOP debt, 2 wars started by Bush, and a medicare part D started by Bush and not funded at all. If you back out the GOP's carryover expenses, Obama's budget is breaking even. The GOP owns the $15 trillion in debt.
Gasoline Prices in Perspective [Mackinac Center]
Gasoline Prices in Perspective
By Christina M. Kohn, published on July 21, 2006
"Gasoline is a bargain," writes ABC News Correspondent John Stossel in his new book, "Myths, Lies and Downright Stupidity." Stossel contends that by failing to account for inflation and by disregarding federal and state taxes, the media and politicians exaggerate the real price of gas. He claims that this distorted perspective has frightened consumers into believing gas is more expensive than many of the products they purchase daily. To illustrate his point, Stossel showed that on a per-gallon basis, bottled water sold for three times the price of gas at a gas station.
A trip to the local Meijer confirms Stossel’s observations. At this grocery store, shoppers can purchase a 42-ounce bottle of Michigan’s famous ice cream topping, Sanders Hot Fudge, for $11.99. That translates to $36.54 for a gallon of fudge, which is 12 times the price of gasoline (Meijer was selling gas for $3.04 per gallon at that time). A gallon of Starbucks Frappuccino coffee beverage sells for about $17 per gallon. French’s mustard costs $10.88 per gallon. A gallon of A.1. Steak Sauce would cost $66.30!
Skeptics could argue that these products are not necessities. But many everyday items are also more expensive per gallon than gasoline. Colgate Cavity Protection toothpaste, at $2.24 a tube, costs $34.97 a gallon. Banana Boat sunscreen with a sun protection factor of 15, a summer essential, costs $103.52 per gallon. Visine eye drops cost about $1,000 per gallon, or 327 times the price of gasoline!
Those who still aren’t impressed might contend that brand name products tend to be more expensive than their generic counterparts. While generic items do produce a savings, Meijer brand mustard costs $7.92 a gallon, still three times the price of gasoline, and a gallon of Meijer brand eye drops would sell for $816.64.
Granted, most individuals do not consume as much toothpaste or steak sauce in one day as they do gasoline. But after accounting for inflation, gas today is no more expensive than it was in 1981 when President Reagan deregulated energy markets. The point is that politicians and the media are successfully convincing consumers that gasoline prices are exorbitantly high — creating a false sense of crisis — and that government can provide the remedy.
