Bushism
Bush tells Tara Wall of the Washington Times about the upside to the current economic crisis:
“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,” Bush said. “That’s stimulative.”
Not long.. soon a village in Texas will get their idiot back!
All Bush White House employees had to turn in their IDs today.
*sigh*
My guess if gas prices were still high you would blame Bush. He is correct the drop in prices is a stimulus of sorts.
The airline I work for is making changes to our airplane make up to take advantage of the “stimulative’ effect of the lower gas prices.
Cheap gas is the wrong kind of stimulus. How about making gas cheap because demand is low?
“Hey, heroine is cheap. The price of heroine has dropped 50%. For junkies, that’s money in their pocket! That’s stimulation!”
Cheap gas was an accidental stimulus. And is a stimulus that can be taken back from you — as refiners are now in ratcheting back capacity to push up prices.
Are airlines going to take away their gas fees and baggage fees? I doubt it. One big reason that the drop in gas prices is not stimulative is because the drop is demand-based.
Plus, families are saving all that money NOT having to drive to the jobs the’ve been laid off from, right Mike? Now that’s stimulative!