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<blockquote data-quote="henschman" data-source="post: 1901740" data-attributes="member: 4235"><p>You guys who are debating this president vs. that president on gas prices and the economy need to take a step back and get a look at the forest.&nbsp; If you look at long term gas prices in terms of gold rather than the dollar, they have remained almost constant since the early part of last century.&nbsp; The rise in gas prices, as well as in all other prices, has a lot more to do with the policies of the Federal Reserve, which have remained more or less the same (which is to say highly inflationary) no matter which parties&#039; president is in power.&nbsp; The depression of &#039;07 was caused by inflationary policies and government subsidization of the mortgage market, which was encouraged by both the Democrats under Clinton and the Republicans under Bush, and which have been accelerated with the support of both parties, and both the Bush and Obama administrations, since the crash.</p></blockquote><p></p>

[QUOTE="henschman, post: 1901740, member: 4235"] You guys who are debating this president vs. that president on gas prices and the economy need to take a step back and get a look at the forest. If you look at long term gas prices in terms of gold rather than the dollar, they have remained almost constant since the early part of last century. The rise in gas prices, as well as in all other prices, has a lot more to do with the policies of the Federal Reserve, which have remained more or less the same (which is to say highly inflationary) no matter which parties' president is in power. The depression of '07 was caused by inflationary policies and government subsidization of the mortgage market, which was encouraged by both the Democrats under Clinton and the Republicans under Bush, and which have been accelerated with the support of both parties, and both the Bush and Obama administrations, since the crash. [/QUOTE]

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