The point at which gas prices start to shut down our economy to my thinking at least is below $4/gallon and we’ve been at or above that point for over a year now. I don’t picture anybody forgetting this before November.
“Republicans have in recent weeks waged an all-out blitz against President Barack Obama over the issue of gas prices,”
If this is the Republican idea of a “all-out blitz” its no wonder we are getting no where fast!
I’m thinking that Obama will find a way to get those gas prices down before Election Day.
What O'Brien and all of his sycophant, Obamabot, bros and sisters in the Lame Stream Media reallllly mean is they are hoping against hope that these high gas prices will not have any affect on the reelection of their Messiah and they all intend to do everything in their power to see that the poor sheeple are disabused of the notion that the Fascist, Neo-Commie is in any way responsible.
LOL. I still remember reading on National Review (I forget the author) how we conservatives ought to be careful about criticizing Obama, just in case the stimulus worked.
Before gas prices decline in the fall, they will do a lot of damage to the economy. Its not a matter of voter’s memory...its more a matter of how many voters will be fully employed in an economy weakened by high fuel prices. Fuel is more than gasoline...its diesel fuel and Jet-A fuel, both of which impact the economy just as much as gasoline.
For this issue to be “off the table” during election season, prices will have to begin falling in June...not August/September.
Heating Oil prices will not be a factor in the elction cycle because the country does not heat with oil as much as 30-40 years ago. The major market for heating oil is in the northeast states which are Blue anyway.
Even if “the one” gets gas prices down to reasonable prices, the damange is already done due the inflation in all other items which increased and will not decrese in price after a oil price drop. Obama needs high gas prices to balance his budget on the backs of the people through inflation’s hidden equalizing effect on money spent by the government. It is the same when our currency value drops after we have international trade and we repay the debt in devalued dollars.
Whistling past the grave yard
Spoken like true insular Libs who either take the NY subway or get a chauffeur driven limo ride to work every day.