All About Oil

7 Comments on “Has Bush,s cuts to the value of the dollar created a massive inflation & increased fuel prices FOREVER?”

1. Jeff ®
   November 21st, 2008 at 3:01 pm

   That’s a rhetorical question, right?

2. mouthycon
   November 23rd, 2008 at 5:49 pm

   We are pretty much doomed on that one. I hear he has proposed a tax on bicycles too. Bastard.

3. Quinn22
   November 27th, 2008 at 4:46 am

   I have a call into Jimmy Carter. I’ll get back to you….

4. Herman J
   November 27th, 2008 at 10:29 pm

   If he hasn’t John McCain will finish the job for him. 100 more years of war and continuation of the same direction ought to do it. Vote Ron Paul the hope of real Americans.

5. regerugged
   November 28th, 2008 at 8:03 am

   Boy are you ignorant. Blaming President Bush for the problems of the world makes me think you are a liberal…or just plain stupid.

   Mr. Bush does not make cuts to the value of the dollar. The value changes on international currency markets. The US government has no control over that. It is basic economics.

   Inflation is an overall increase in prices. The US government does not control prices.

   Oil prices are affected by the basic laws of supply and demand. Speculators have run up oil prices because people are willing to pay higher prices to continue to use oil. The US government does not control the price of oil.

6. Jeff Smoker
   November 29th, 2008 at 4:27 am

   Do you actually know anything about economics? The sky is not falling even though you would like it to be.

7. Thomas B
   December 1st, 2008 at 1:39 pm

   The average American’s taxes were lowered by $23 per year. Of course, those at the top of the income chain had their taxes lowered disproportionately.

   All of the Southern state Republicans who voted for Bush and his crooked tax cut are paying the price now. The chickens have come home to roost.

   Because the dollar is in the toilet because of all of our borrowing from China, Japan, et. al. we are all paying an indirect tax in the form of a weak dollar that buys less.

   Anyone travelled to Europe lately. Dollar is worth less than 2/3’s of a Euro. Used to be worth more.

   Oh well, our children and grand children will be suffering the consequences of Bush’s tax cuts. Thanks, W.

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