Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Bush sees an updside to Recession: Gas down to $2/gal - "that's $2,000 per family - as a result"

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-15-09 10:38 PM
Original message
Bush sees an updside to Recession: Gas down to $2/gal - "that's $2,000 per family - as a result"

http://www.washingtontimes.com/news/2009/jan/16/president-warns-against-releasing-gitmo-detainees/

<snip>

The president also saw an upside to otherwise painful economic times for many Americans, arguing that the recent drop in gasoline prices, which analysts blame largely on the recession, could end up spurring the economy.

"One aspect of these recent times that has been overlooked is the fact that the price of gasoline has gone down from near $4 to under $2, which is stimulative, because people have got nearly $2,000 on an annualized basis in their pocket - that's $2,000 per family - as a result of gasoline going down," he said. "That's stimulative."

...

Asked how he wanted to be remembered, Mr. Bush said: "President Bush was the president at a time that our nation was attacked. He clearly saw the dangers; he pursued the enemy; he put tools in place so the professionals could better protect the American people, and the homeland was not attacked."


http://s3.amazonaws.com/wootdesigncontestentries/bennisartstudios/Let_them_eat_cake!-31vwue-d.jpg

Printer Friendly | Permalink |  | Top
Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-15-09 10:43 PM
Response to Original message
1. That certainly explains his budgets. That math is beyond fuzzy
Edited on Thu Jan-15-09 10:45 PM by Solly Mack
Printer Friendly | Permalink |  | Top
 
SharonAnn Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-15-09 10:45 PM
Response to Original message
2. How can we miss him ifhe won't go away?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun May 12th 2024, 10:13 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC