Today, oil prices hit an all-time record at $102/gallon and a reporter asked President George Bush for his "advice" to the "average American ... facing the prospect of $4 a gallon gasoline."
Think Progress reports President Bush, a former oil executive, replied, "'That’s interesting, I hadn’t heard that.' Yet a few minutes later, Bush wouldn’t answer a question regarding donations for his presidential library because, he claimed, 'I, frankly, have been focused elsewhere, like on gasoline prices.' "
From denial to happy talk. "As "the Commerce Department said gross domestic product grew at only a 0.6 percent rate in the fourth quarter [and] the Labor Department said applications for unemployment benefits rose by 19,000 last week", Bush says, "I'm concerned about the economy. I don't think we're headed to recession."
Bush Focused on Gas Prices [Think Progress]
Oil Surges Above $102 [AP]
Bush: US Not in Recession [AP]
(counting the days til January 2009)
Posted by: Andy Niable | 28 February 2008 at 17:53
Well, is everyone aware these multi-billion-dollar-profitting oil companies are getting government subsidies? Yes, that means Your Tax Dollars.
Vote, people.
Posted by: Andy Niable | 29 February 2008 at 13:44