Gasoline prices

Originally posted by: MisterPicture

So the Biden presidency and higher gas prices are a case of causation and not correlation, right?

 

Prove it. Please show your work.


The thing is, even David isn't so stupid as to not understand the difference. However, of course, he weaseled away from your question.

 

When he spews bullshit, and is challenged on it, he runs away like the moral and intellectual coward that he is and reverts to his favorite tactic of screaming at and calling a liar the person who shows him up.

 

He's weak.

  Current and future gas prices say all that is needed - all on Biden's watch.

Ha ha ha ha ha. Stalker claims to be able to tell the future.

 

I guess someone needs to tell Stalker that future events haven't happened yet--therefore, they don't yet exist and can't "say" anything.

 

I'm sure there will be hurricanes and tropical storms "on Biden's watch." And he'll have as much to do with them as he does with gasoline prices.

 

I guess being a conservative Trump-licker makes you stupid. Or, as in Stalker's case, really, really stupid. And dim. And ignorant. And foolish. And irrational. And illogical.

Edited on Oct 25, 2021 7:11am
Originally posted by: David Miller

  Current and future gas prices say all that is needed - all on Biden's watch.


So the president is responsible for any unfortunate economic activity that happens on his shift?

 

Cool!!!!!!!!!

 

GDP growth by president:

 

  • Jimmy Carter (D): 3.25%

  • Ronald Reagan (R): 3.48%

  • George H.W. Bush (R): 2.25%

  • Bill Clinton (D): 3.88%

  • George W. Bush (R): 2.2%

  • Barack Obama (D): 1.62%

  • Donald Trump (R): 0.95%

 


Originally posted by: MisterPicture

So the president is responsible for any unfortunate economic activity that happens on his shift?

 

Cool!!!!!!!!!

 

GDP growth by president:

 

  • Jimmy Carter (D): 3.25%

  • Ronald Reagan (R): 3.48%

  • George H.W. Bush (R): 2.25%

  • Bill Clinton (D): 3.88%

  • George W. Bush (R): 2.2%

  • Barack Obama (D): 1.62%

  • Donald Trump (R): 0.95%

 


Yes, but don't forget to apply the Conservitard Metric:

 

1. If something good happens, and the current President is a Republican, he deserves all the credit for it.

2. If something bad happens, and the current President is a Republican, it's not his fault.

3. If something good happens, and the current President is a Democrat, he deserves no credit for it.

4. If something bad happens, and the current President is a Democrat, it's his fault.

 

Applying these simple--dare I say, simplistic--rules to any situation will enable you to evaluate it instantly. It will also make you a member in good standing of the MAGA Moron Army.

Gasoline prices jumped 12.5 cents per gallon to $4.72 per gallon in San Francisco Monday. The price of gasoline speaks for itself. Now, liars, go ahead and dispute that...

Originally posted by: David Miller

Gasoline prices jumped 12.5 cents per gallon to $4.72 per gallon in San Francisco Monday. The price of gasoline speaks for itself. Now, liars, go ahead and dispute that...


I don't.

 

And the GDP growth during the Trump administration was the smallest of the last seven presidents. Go ahead and dispute that.

Pre covid, the GDP during President Trump's presidentery was 4% . The 3rd quarter GDP for 2020 was 38% , after the covid virus devistated the economy the first 2 quarters.  Go ahead and cherry pick your numbers - the ones I posted are available to confirm on the internet. Why don't you try posting the true numbers for where the economy was pre covid and after the first 2 quarters of 2020, during the economic shutdown caused by the virus. You never post the true, complete numbers - you only post the numbers during the worst of covid and it's total effect for 2020. Dispute that.

Edited on Oct 25, 2021 4:52pm
Originally posted by: David Miller

Gasoline prices jumped 12.5 cents per gallon to $4.72 per gallon in San Francisco Monday. The price of gasoline speaks for itself. Now, liars, go ahead and dispute that...


David's lies were not about the present price of gas; those lies were that the price of gas was higher than at nay time in recorded history, stretching back to the time of the pharaohs. The reality is that the price of gas has topped $5 in San Francisco and the Bay Area at least three times since 2000. Furthermore, due to inflation, $4.72 a gallon is roughly equivalent to $2.99 in 2000, or $3.79 in 2010. (I can show you how this is computed if you're interested.)

 

CPI (Consumer Price Index): 271 in 2020; 218 in 2010; 172 in 2000.

 

So not only is the present price of gas not even close to a record, it's not even all that historically high.

 

I remember in particular being in San Jose on vacation in 2010 and seeing that the cheapest price at the pump was $4.99. Adjusted for inflation, that would be $5.87. So $4.72, while higher than it was in 2000, isn't that high on a long-term basis.

 

The price of gasoline doesn't "speak for itself" because it doesn't speak at all. As one of many, many causes and effects in and of the economy, it means nothing in isolation, any more than, say, the price of kiwi fruit has any kind of profound message behind it.

 

But if you want to think simplistically, you can certainly take the David Miller approach, whereby you identify one thing you don't like and consider it in isolation. That's the kind of thinking that results when you form the conclusion you want to reach and then consider the facts selectively to reach that conclusion. People who think realize that the conclusion should be the last part of a reasoning process, not the first. But David merely wanted to bitch and moan about Biden, not actually analyze, or God forbid, discuss anything.

 

And just for grins--I think everyone would rather be in the 2021 Biden economy and pay high gas prices then be in the 2020 Trump economy and not be able to buy toilet paper.

Pre covid, the GDP during President Trump's presidentery was 4% . The 3rd quarter GDP for 2020 was 38% , after the covid virus devistated the economy the first 2 quarters.  Go ahead and cherry pick your numbers - the ones I posted are available to confirm on the internet. Why don't you try posting the true numbers for where the economy was pre covid and after the first 2 quarters of 2020, during the economic shutdown caused by the virus. You never post the true, complete numbers - you only post the numbers during the worst of covid and it's total effect for 2020. Dispute that.

Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now