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Friday, September 5, 2008

Shirt a Day: $1.64 - The Cost of Gas When Bush Took Office

6 pennies earned

While not artfully crafted, the message on this shirt absolutely hits where it hurts...the wallet.

6 pennies earned:

Thomas said...

Oh, gods. Inflation happens!

Eden said...

According to this inflation calculator from the bureau of labor statistics, $1.64 in 2000 should buy you $2.09 worth of goods in 2008 -- if only.

auggie24 said...

Eden, laying the smack-down...

Eden said...

No smack down...just fact-checking.

Thomas said...

I wasn't saying inflation was the sole cause of gas prices. But I do think it's silly to blame Bush for all of it.

Eden said...

Speculation had a big role in the oil boom as well.

But it's impossible to argue the fact that our country would be in a completely different place now had Gore been appointed president eight years ago. Gas might still be expensive, but we would be much further down the road to attaining oil-indepedence (not to be confused with the oil-friendly term "energy-independence") than we are currently.

What are your thoughts?
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