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Crude oil futures skyrocket Nov 5, 2003 [View All]

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Lefty48197 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-05-03 09:25 PM
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Crude oil futures skyrocket Nov 5, 2003
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http://biz.yahoo.com/rm/031105/markets_energy_nymex_8.html

Since every right winger in America trumpeted loudly the recent announcement of the third quarter growth in the GDP, and claimed that it was evidence that Shrubbie's tax cuts were helping the economy, I thought I would mention some bad news.
It seems the administration just doesn't want to talk about bad news. They won't mention the jump in oil prices (yes, the same oil prices energy secretary Spence Abraham promised us would fall about three months ago).
They don't want to talk about the unemployment rate either, or the rising number of Americans without health insurance, or the skyrocketing national debt, or the surging prices of health insurance, or a college education.
Nope. All they want to talk about is that one favorable GDP number. Yeah, let's just ignore all the bad signs and pretend that things are getting better.

It seems to me that this was his father's re-election strategy in 1992. Just wish away the recession.
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