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Obama: Rising Gas Prices Means The Economy Is Strengthening (video)
RealClearPolitics ^ | February 15, 2012 | RealClearPolitics

Posted on 02/15/2012 8:23:10 AM PST by i88schwartz

At a press event on the payroll tax cut yesterday, President Obama mentioned how extending the proposal would help Americans pay for gas as the price increases.

Obama attributed the growing price of oil to a strengthening economy which in turn means demand for oil increases.

"And when gas prices are on the rise again because as the economy strengthens, global demand for oil increases. And if we start seeing significant increases in gas prices, losing that $40 could not come at a worse time," Obama said.

(Excerpt) Read more at realclearpolitics.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: barackobama; gasprices
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1 posted on 02/15/2012 8:23:16 AM PST by i88schwartz
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To: i88schwartz

Is there any lie this clown won’t speak?


2 posted on 02/15/2012 8:25:31 AM PST by F15Eagle (1 John 5:4-5, 4:15, 5:13; John 3:17-18, 6:69, 11:25, 14:6, 20:31; Rom10:8-11; 1 Tim 2:5; Titus 3:4-5)
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To: i88schwartz

What an idiot. I clearly hope the majority of people living in this country today are not dumb enough to re-elect this fool. It’s common sense that our dollar is falling in value and oil is climbing. This is a double-whammy.


3 posted on 02/15/2012 8:25:44 AM PST by InsidiousMongo
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To: i88schwartz

The media will report this as fact. The people don’t have the critical thinking skills to question it. Our collective memory doesn’t seem to extend far enough back to remember the outrage at $2.50/gallon gas during the Bush years.

Gas is headed to $5/gallon. Obama and his energy secretary are pleased, and the people? I’m absolutely stunned by just how stupid my fellow Americans have become.


4 posted on 02/15/2012 8:26:53 AM PST by brownsfan (Aldous Huxley and Mike Judge were right.)
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To: i88schwartz
He can't be that stupid, but he apparently thinks the American People are.

No offshore drilling

No ANWR

Shut down leases in Utah, Wyoming, and Colorado

No pipeline

Etfrickingcetera.

And this is a sign of a strengthening economy? (More like an increasingly worthless dollar).

5 posted on 02/15/2012 8:27:01 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: i88schwartz
Can you imagine George W. Bush using that logic, and getting away with it?

So when gasoline hits 7-8 dollars per gallon, our economy will simply be smoking, won't it?

6 posted on 02/15/2012 8:27:08 AM PST by Lou L (The Senate without a filibuster is just a 100-member version of the House.)
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To: i88schwartz

Well hells bells. Let’s get gasoline to 50 dollars a gallon and REALLY strengthen the economy.


7 posted on 02/15/2012 8:27:11 AM PST by Enterprise ("Those who can make you believe absurdities can make you commit atrocities." Voltaire)
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To: i88schwartz

Wonder if reduced domestic refining has anything to do with it?


8 posted on 02/15/2012 8:27:43 AM PST by PeaRidge
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To: i88schwartz

Wonder if reduced domestic refining has anything to do with it?


9 posted on 02/15/2012 8:27:57 AM PST by PeaRidge
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To: i88schwartz

>>Obama attributed the growing price of oil to a strengthening economy

I hate that SOB! He’s gone from quiet disdain for the American working class to openly taunting us.


10 posted on 02/15/2012 8:27:57 AM PST by Bryanw92 (The solution to fix Congress: Nuke em from orbit. It's the only way to be sure!)
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To: i88schwartz
For printing and strategic placement.

Image Hosted by ImageShack.us
11 posted on 02/15/2012 8:28:09 AM PST by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: Smokin' Joe

The administration has announced that coming soon, regulations for fracking.


12 posted on 02/15/2012 8:28:17 AM PST by Enterprise ("Those who can make you believe absurdities can make you commit atrocities." Voltaire)
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To: i88schwartz

He’s delusional. Rising gas prices kill the economy. Drill here, drill now and start the darn pipeline from Canada! Did he take notice that the gas prices are rising ever since he killed the pipeline deal?


13 posted on 02/15/2012 8:28:39 AM PST by b4its2late (Only two things are infinite, the universe and human stupidity, and I am not sure about the former.)
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To: i88schwartz
Obama: Rising Gas Prices Means The Economy Is Strengthening

Then let's get it up,to $10 a gallon so the economy can take off like a rocket.............

14 posted on 02/15/2012 8:28:46 AM PST by Red Badger (If you are unemployed long enough, you are no longer unemployed.)
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To: brownsfan

I’m absolutely stunned by just how stupid my fellow Americans have become.

You can’t fix stupid. I try every day to explain the role of a declining dollar. But, many believe it’s Big Business that is running up prices.


15 posted on 02/15/2012 8:30:36 AM PST by griswold3 (Big Government does not tolerate rivals.)
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To: Enterprise
Well hells bells. Let’s get gasoline to 50 dollars a gallon and REALLY strengthen the economy.

Why stop there?

16 posted on 02/15/2012 8:31:34 AM PST by Disambiguator
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To: i88schwartz

WHAT A TOOL

Does he really REALLY think “demand” is what drives rising prices?

How about scarcity?

How about fears of war in the middle east and Iran?

How about instability in Egypt, Libya, Nigeria, Iran, Iraq

How about reassurance in OPEC the US is not gonna drill and challenge their price monopoly?

How about Iran not selling oil to europe and forcing them to buy elsewhere in the market?

How about EPA regulations?

Gas demand is on a downward spiral!!! TOOL!

http://energypolicyinfo.com/2012/02/falling-u-s-gasoline-demand-not-a-happy-valentine-for-consumers/


17 posted on 02/15/2012 8:33:15 AM PST by silverleaf (Funny how all the people who are for abortion are already born)
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To: i88schwartz
"Alice laughed: "There's no use trying," she said; "one can't believe impossible things."

"I daresay you haven't had much practice," said the Queen. "When I was younger, I always did it for half an hour a day. Why, sometimes I've believed as many as six impossible things before breakfast."

Alice in Wonderland.

18 posted on 02/15/2012 8:33:21 AM PST by SWAMPSNIPER (The Second Amendment, a Matter of Fact, Not a Matter of Opinion)
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To: Red Badger

Don’t forget that unemployment payments also spur the economy.

Combining the two, you can see that we are prospering. In fact, we’ve never been better off.


19 posted on 02/15/2012 8:33:28 AM PST by St_Thomas_Aquinas (Viva Christo Rey!)
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To: i88schwartz

If that is true, then we can also expect a rise in interest rates, which will drive our debt servicing costs thru the roof.


20 posted on 02/15/2012 8:33:53 AM PST by kabar
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To: i88schwartz

Yes, I remember how terrible things were when gasoline was $1.98 a gallon.


21 posted on 02/15/2012 8:35:04 AM PST by Southside_Chicago_Republican
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To: i88schwartz
WAR IS PEACE

FREEDOM IS SLAVERY

INFLATION IS ECONOMIC PROSPERITY

More Newspeak from our Big Brother.

22 posted on 02/15/2012 8:36:36 AM PST by The Great RJ ("The problem with socialism is that pretty soon you run out of other people's money" M. Thatcher)
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To: i88schwartz
Are you and this country better off today than you were when they put this POS in office?? China is, Saudi Arabia is, Argentina is, George Soros certainly is.
23 posted on 02/15/2012 8:36:50 AM PST by drypowder
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To: i88schwartz

Well, then, we should all hope for ten bucks a gallon. Oops, the Pres. already does.


24 posted on 02/15/2012 8:36:50 AM PST by Daveinyork
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To: i88schwartz

For Liberals progress equals killing the poor before they are born, plan B is to strangle them at the gas pump.


25 posted on 02/15/2012 8:37:59 AM PST by Theophilus (Not merely prolife, but prolific)
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To: i88schwartz

Jeez Louise!...I love it when the ass hat community organizer shows the world he never took business 101.


26 posted on 02/15/2012 8:39:42 AM PST by AngelesCrestHighway
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To: St_Thomas_Aquinas

Also, government subsidies spur growth, so let’s subsidize EVERYTHING!............


27 posted on 02/15/2012 8:40:40 AM PST by Red Badger (If you are unemployed long enough, you are no longer unemployed.)
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To: InsidiousMongo
“I clearly hope the majority of people living in this country today are not dumb enough to re-elect this fool”

IMO, I believe the majority don't really pay attention to the election till Sept/Oct. Using the MSM as their info source.

28 posted on 02/15/2012 8:41:52 AM PST by duckman (Go Newt...)
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To: i88schwartz

And fewer people looking for work, having given up, means lower unemployment; i.e., a “recovery.”


29 posted on 02/15/2012 8:42:45 AM PST by luvbach1 (Stop the destruction in 2012 or continue the decline)
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To: cripplecreek

30 posted on 02/15/2012 8:44:17 AM PST by AngelesCrestHighway
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To: Southside_Chicago_Republican

LOL I didn’t realize how bad we had it back in the days when gas was around 60 cents per gallon.

Hot damn, a sob story to tell the youngsters about.


31 posted on 02/15/2012 8:45:20 AM PST by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: Smokin' Joe

This is a sign of intentional destruction of America’s energy infrastructure.

It is methodical, intentional and with purpose.... to weaken the economy and deny America her ability to fight a war even if it is purely defensive. Without energy? There is no economy. Without energy? There is no defense.

Everything this Ghazi touches and everything he does is about the weakening and destruction of America.


32 posted on 02/15/2012 8:47:49 AM PST by himno hero (Obamas theme...Death to America...The crusaders will pay!)
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To: InsidiousMongo

I think the tragic truth is that the majority of the American people — particularly those under 40 — simply do not care one way or the other.

They now care simply and solely about bread and circuses — the circuses being the profligate way they now live their own lives and choose to entertain themselves (consider today’s movies, TV shows, and music).

Hopeless? Not if you are a Obamunist. It is life as they want the peonage to live it.


33 posted on 02/15/2012 8:49:44 AM PST by hampdenkid
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To: i88schwartz

Crickets chirping from the Lame Stream Media.


34 posted on 02/15/2012 8:50:28 AM PST by tobyhill
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To: i88schwartz
"Doctor, the patient in room 4 is getting better, he finally spoke."
"Oh good, what did he say?"
"He said he was feeling worse."

35 posted on 02/15/2012 8:50:35 AM PST by BitWielder1 (Corporate Profits are better than Government Waste)
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To: Enterprise

Really. Why doesn’t some Journalist ask if such a scenario as you tongue-in-cheekily suggest were to happen if indeed the economy go into a roar?

Better yet, get a couple of pubbies out there and maybe come up with such clever snark. No wait....gotta have some courage there...forgot.

Heh.


36 posted on 02/15/2012 8:51:50 AM PST by Fishtalk (http://patfish.blogspot.com/)
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To: Red Badger

It’s the “multiplier effect.” Sure, it’s never worked, and it defies common sense, but let’s give it a try —what with the flourishing economy, and everything.


37 posted on 02/15/2012 8:52:12 AM PST by St_Thomas_Aquinas (Viva Christo Rey!)
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To: i88schwartz

sssssssssssssssssssssssatan sssssssssssssssssspeaks.

LLS


38 posted on 02/15/2012 8:52:36 AM PST by LibLieSlayer (Hey repubic elite scumbags... jam mitt up your collective arses!)
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To: i88schwartz

I would endure gas at $10/gallon if it means for certain that Osama is run out of office by outraged people. The FUBAR economy is his now, like a millstone around his scrawny neck. Our mantra in 2012 must be, “It’s the economy, stupid!”


39 posted on 02/15/2012 8:52:56 AM PST by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
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To: i88schwartz
This is all sounding very familiar to me:

The German economy was especially vulnerable since it was built upon foreign capital, mostly loans from America and was very dependent on foreign trade. When those loans suddenly came due and when the world market for German exports dried up, the well oiled German industrial machine quickly ground to a halt.

As production levels fell, German workers were laid off. Along with this, banks failed throughout Germany. Savings accounts, the result of years of hard work, were instantly wiped out. Inflation soon followed making it hard for families to purchase expensive necessities with devalued money.

Overnight, the middle class standard of living so many German families enjoyed was ruined by events outside of Germany, beyond their control. The Great Depression began and they were cast into poverty and deep misery and began looking for a solution, any solution.

Adolf Hitler knew his opportunity had arrived.

http://www.historyplace.com/worldwar2/riseofhitler/begins.htm

40 posted on 02/15/2012 8:55:10 AM PST by KittenClaws (A closed mouth gathers no foot.)
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To: St_Thomas_Aquinas

....and then we can tax all those evil rich people and everybody will be happy!...........


41 posted on 02/15/2012 8:56:34 AM PST by Red Badger (If you are unemployed long enough, you are no longer unemployed.)
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To: i88schwartz

42 posted on 02/15/2012 8:57:28 AM PST by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians)
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To: i88schwartz
Obama attributed the growing price of oil to a strengthening economy which in turn means demand for oil increases.

Decreases in supply also lead to rising prices. Iran has been threatening to cut supplies for weeks and actually did today. That is probably the main reason for the price increase.

43 posted on 02/15/2012 8:59:30 AM PST by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: himno hero
This is a sign of intentional destruction of America’s energy infrastructure.

“We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times ... and then just expect that other countries are going to say OK. That's not leadership. That's not going to happen.”

"…under my plan of a cap and trade system, electricity rates would necessarily skyrocket…"


Any Republican who doesn't use those quotes, and use them often, is an idiot.
44 posted on 02/15/2012 9:00:02 AM PST by brownsfan (Aldous Huxley and Mike Judge were right.)
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To: cripplecreek

The lowest price I remember was 29 cents a gallon back in the early sixties. Of course, that was back when America resembled North Korea more than anyplace else, and we didn’t have a recovery to look forward to.


45 posted on 02/15/2012 9:01:07 AM PST by Southside_Chicago_Republican
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To: i88schwartz

.....and here I thought that gasoline sales in this country were tanking....


46 posted on 02/15/2012 9:02:02 AM PST by Roccus
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To: i88schwartz

If he kept his mouth shut we would merely think of him as a fool, but with his pie hole gaped open all the time he leaves us no doubt.


47 posted on 02/15/2012 9:10:25 AM PST by F.J. Mitchell ( Lets replace the Predicament in the Oval office with a President.,.)
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To: i88schwartz
Obama attributed the growing price of oil to a strengthening economy which in turn means demand for oil increases.

Aside from the (inconveeeeenient) fact that actual demand for gasoline is DOWN...

...I'd like to hear why it is that rising gas/oil prices under a Republican President are BOTH bad and the fault of the "EVIL" oil companies and speculators, whereas under a Dumb Dim Democrat President they are cause for celebration? Silly me, I didn't feel much like celebrating yesterday morning after dumping $48 in the tank for a week's worth of driving.

And where's the f'ing Lamestream Media on this utterly cynical, utterly false assertion? Don't answer, we know that they are busy Lewinskying Barack.

48 posted on 02/15/2012 9:10:41 AM PST by Ancesthntr (Bibi to Odumbo: Its not going to happen.)
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To: Red Badger

It’s expressing pessimism like this that has this country on the ropes. Try being a little more optimistic! Surely we can get gas up to $50 a gallon and have an even better economy!


49 posted on 02/15/2012 9:11:43 AM PST by FerociousRabbit
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To: Fishtalk

The first one who should pounce on this is Gingrich. I write this because he has stated that he wants gas to go down to 2 dollars a gallon. He should issue a statement that he has reconsidered his stance. He should offer to support Obama’s energy policies if Obama will decree that gas must now be sold for 50 dollars a gallon. And why not? If emperor Obama can force insurance companies to give out contraceptives for free, then he can decree that gas must now be 50 dollars a gallon.


50 posted on 02/15/2012 9:13:38 AM PST by Enterprise ("Those who can make you believe absurdities can make you commit atrocities." Voltaire)
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