Friday, April 08, 2011

Obama: Don’t like gas prices? Just buy a new car!

Obama: Don’t like gas prices? Just buy a new car!
Flopping Aces ^ | 04-08-11 | DrJohn

Posted on Friday, April 08, 2011 11:30:12 AM by Starman417
The man who made clear that he wanted gas prices to be higher has made good on his promises.
[VIDEO AT SITE]
Gas prices have doubled under Barack Obama. The pain visited by the higher prices will not be felt only at the pump. It will felt in many areas.

1. Transportation of Goods – While rising gas prices often lead to higher prices for a gas tank of fuel, the cost of oil is built into the price of anything. Oranges, for example, may travel several hundred or even thousands of miles from Florida. All that travel time means burning fuel, and later higher costs for oranges, even though oranges aren’t directly tied to oil. So, basically everything rises in cost after oil does. 2. Export Economies – These higher oil costs often mean economic softening in areas that are dependent on foreign purchases of goods. Take, for example, China and Vietnam which each produce a large amount of consumer products for export to the United States. Due to the distance these goods have to travel, they become more costly in foreign markets against local competitors with lower exposure to oil. Thus, exports usually decline.
3. Consumer Spending – Higher gas prices mean that shoppers are either 1) valuing more the small amount of extra money they have to spend or 2) seeing a general decline in the amount of money they can afford to spend.
4. Rising Derivative Costs – Oil may help us get from A to B in the form of gasoline, but it is also very important in making plastics and polymers, two very important materials that are used in just about everything. Higher prices for oil means higher prices for plastic and ultimately higher prices for transporting the plastics from one place to another.
And of course, home heating oil.
Barack Obama's answer to the high cost of home heating oil?
Just buy a new car!

Obama needled one questioner who asked about gas prices, now averaging close to $3.70 a gallon nationwide, and suggested that the gentleman consider getting rid of his gas-guzzling vehicle. “If you’re complaining about the price of gas and you’re only getting 8 miles a gallon, you know,” Obama said laughingly. “You might want to think about a trade-in.”
[VIDEO AT SITE]
When an audience member commented that he had a family of ten kids, Obama replied:

"Well, you definitely need a hybrid van then."
Hilarious.
Except, where is one to get a hybrid van? Let's start with mini-vans.
(Excerpt) Read more at floppingaces.net...

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