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."