GOP Plans to Sink the Economy

[low_delta]

http://www.thedailybeast.com/articles/2012/03/12/michael-tomasky-on-gop-plans-to-sink-the-economy.html

The gas situation is perfect for the GOP for two reasons. First, there’s very little a president can actually do about gas prices. Second, even though those prices don’t really tell us much about the more general economy, most people have the impression that they do, so for the out-party, it’s just a free whack.

No, experts blame a lot of the increase on fervid speculation in the oil markets, and a chief reason for a lot of that speculation is anxiety in those markets about a possible war with Iran. Said anxiety, in turn, is heightened every time a politician blusters about how we have no choice now but to go start that war. So this kind of rhetoric is a nice little two-fer for Republicans, who get to sound like tough guys and can also take comfort in knowing that the more they talk up attacking Iran, the more they’re doing their small part to keep prices high.

Comments

[pondhopper.livejournal.com]

Yup. Perfect analysis, Kevin.

[northernsnokat.livejournal.com]

That is my assumption also. The only thing I am hoping for is some of my investments are in oil!

[sirreal13.livejournal.com]

All Obama needs to do is change the discussion to natural gas and he can claim that his generous encouragement of drilling and production have resulted in amazingly low natural gas prices!!!

[sirreal13.livejournal.com]

Now we just need to encourage CNG cars and filling stations.