Quote:
Originally Posted by Jim in CT
Here's my #3...
(3) Since worldwide demand is higher than it was last year, the price drop must be due solely to the increase in supply, which Obama deserves no credit for.
Now, I'll concede that without those new cars getting slightly better mileage, worldwide demand, and thus prices, would likely be a tick higher than they are now. But that's not the same thing as saying he had anything whatsoever to do with the current price drop, which seems to be a result of excess supply, which has at least something to do with frakking, which liberals would stop in a nanosecond if they could.
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I never claimed he or his policies resulted in the price drop. However bc of his policies the price drop was a "tick" greater. demand would have been slightly higher as you say.
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