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 Message 125 
 Jeff Binkley to Bob Ackley 
 GAS 
 25 Nov 10 06:39:00 
 
BA> SH>>> You may remember that from 2001 until 2009, every spike in the
BA> SH>>> price of gas was the president's fault.  Regular here is
BA> SH>>> inching toward $3 a gallon.  Is there some reason why this is
BA> SH>>> not the president's fault?

BA> BA>> Gasoline here is up about 10% in the past 3 weeks or so.  Since
BA> BA>> January of 2009 my cost of living gas bone up about 20% - but
BA> BA>> there's been no inflation according o the administration - for
BA> BA>> two years n ow.

BA> JB> They don't consider currency devaluation as inflation.

BA>Tell me about it.  I'm going to have to budget most of my forthcoming
BA>tax refund for food and dog food.

Yep and those of us still working and saving for retirement will likely 
need to work longer.  I am also preparing for the significant tax 
increase I am facing next tear.  The impact will be reduced spending, 
which will hurt any chances of an Obama recovery.  


Jeff

CMPQwk 1.42-21 9999 
Democrats --  The party that penalizes success and rewards failure ...

--- PCBoard (R) v15.3/M 10
 * Origin:  (1:226/600)

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