Wednesday, October 17, 2012

$1.86 Gas Means Economy Collapsing?

Last night in the second debate, President Obama said that the reason we had $186 gasoline in 2009 when he took office, and not now, is that the economy was collapsing then.

Yes, in the land of Obama's Bizarro School of Economics cheaper fuel does not mean lower costs for consumers, lower costs for travel and more tourism, lowers costs of consumer and commercial goods.  No.  It means the economy is collapsing.

Obama wants you to pay higher gasoline costs, because in his bizarro land, it means the economy is strong ...  as it has been the last three-plus years when unemployment exceeded 8%.

Was he lying?  Or just too economically ignorant to be or remain President or the United States?

You decide.

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