Off-Topic: Supply and demand get the credit and blame
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Name:
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MartiniMan
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Subject:
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Supply and demand get the credit and blame
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Date:
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4/23/2012 9:28:47 AM
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Here's yet another simple economics lesson for you Archie. We are between the spring break blitz and the change to summer blends which are more expensive/summer vacation travel which raises prices. The Teleprompter in Chief can have an impact on both, albeit supply more directly because of decisions like blocking the Keystone pipeline, preventing exploration and production in the Gulf and on federal lands, etc.
Here's a challenge for you Archie, since you were economically illiterate enough to want to give Oblamer credit for the reduction in price, I assume you will do likewise when they magically go up a again before Memorial Day, except in this case it will be you blaming your Dear Leader. You can't have it both ways.
But either way you look at it, when the Messiah took office gas prices were less than $2 per gallon and will be over $3 and maybe over $4 in November. Whether it is fair or not, he will get some of the blame and will be hard pressed to lay this one at the footstep of Bush or the "do-nothing" Congress or whatever his current, desperate strategy will be to get reelected.
Archie, I admire you willingness to expose your inability to think clearly to us. It is always fun to skewer.
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