Comments by "@level Joe" (@leveljoe) on "Bloomberg Television"
channel.
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@marcilk7534
Haha
You are using short term fluctuations to bolster your argument???
That's extremely weak. Try sustained costs, the true cost.
After all, would you preferably pay $4 once and 3.25 the rest of the year or pay $3.62 all year?
Simple math here...
The yearly average for a gallon of gas was highest under Obama in 2012 (roughly half way though his 8 years) at 3.36.
2004 was 1.85
2005 was 2.27
2006 was 2.58
2007 was 2.80 ("official" start of recession)
2008 was 3.25 (a 1 year spike and an election year, and a 0.1% growth in the economy durring a full blown recession)
2009 was 2.35 (-2.6% growth, Obamas 1st year, AND the "official" end of the recession)
2010 was 2.78 (2.7% decent growth and price goes up???)
2011 was 3.52 (1.5% poor growth and price is still up???)
2012 was 3.62 (2.3%, less growth than 2010 but price is almost $1 higher, no correlation with economy!)
2013 was 3.51 (1.8%)
2014 was 3.36 (2.3% growth and price drops)
2015 was 2.43 (2.7% growth and price drops)
2016 was 2.14 ((1.7% down, Obama was on his way out and price drops)
2017 was 2.42 (2.3% growth)
2018 was 2.72 (not $3, price peaked durring a booming economy, a 2.9% growth)
2019 was 2.60 (2.3% growth, the same growth rate as Obama in 2014 but $1.02 cheaper)
2020 was 2.17 (-3.4% and covid)
If you lie, you've lost credibility.
Cherry picking data is as good as a lie.
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