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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review August 8, 2013/ 26 Meanachem-Av, 5773

Gas prices: What can the president do?

By A. Barton Hinkle




http://www.JewishWorldReview.com | Gasoline prices are skyrocketing, as many news reports attest. The stories blame a variety of factors for the uptick — from unrest in Egypt to rising summer demand. But, like the absence of Pierre from Sartre's café, the stories hold a gaping absence in which something ought to be. That something? The sinister implication that blame should fall on the president.

Such an implication — if not the outright accusation — was rarely out of public view throughout the eight years of President George W. Bush's stay in the White House.

A few years ago, House Minority Leader Nancy Pelosi fumed that Americans were paying a whopping $2.91 per gallon for gasoline. Denouncing the "record gas prices ... and record oil company profits," she blamed "President Bush, Speaker (Dennis) Hastert and the Majority Congress. ... Big oil and gas companies wrote the Republican energy bill, and the American people paid the price."

"(We) need a president who can stand up to Big Oil and big energy companies and say enough is enough," declared Sen. Barack Obama.

"Today's record-high gas prices are the price that the American people are paying for the Bush Administration's failed energy policies," agreed Sen. Hillary Rodham Clinton. Democrats demanded hearings — and, once Pelosi became House majority leader, got them. "Congress Grills Oil Execs on Record Profits," ran the headlines.

Gasoline prices certainly did rise under Bush, soaring 180 percent from the day he took office to their all-time peak in July 2008. They plunged after that and, after adjusting for inflation, stood 9 percent lower when he left the White House than when he entered it. Since Obama took office they have doubled: Gasoline prices stood at $1.72 per gallon in January of 2009 and last month averaged $3.48.

Oil company profits have been humming right along, too.

You can't expect Democrats to blast their own president for any of this. But what about the press? The Business and Media Institute, an arm of the conservative Media Research Center, analyzed coverage for two comparable periods of gas-price increases, in 2008 and 2011. It found the big three networks did more than twice as many stories on gasoline sticker shock in 2008 as they did three years later.

Well, maybe other stories were competing for attention in 2011, right? Fair enough. Yet consider this: Stories about gasoline prices mentioned Bush, the government or the president 15 times as often in 2008 as they brought up Obama or the government in 2011.

This is particularly striking when you consider the two administrations' policies. The rap against Bush held that all he wanted to do was drill, drill, drill — an approach that would increase the supply of gasoline and potentially lower prices. Obama, on the other hand, insists "we can't just drill our way to lower gas prices." (Though he does say we can achieve the same result through proper tire inflation.) He has balked at approving the Keystone XL pipeline.

Before being appointed, Obama's first Energy Secretary, Steven Chu, said, "We have to figure out how to boost the price of gasoline to the levels in Europe." Yet when gas prices rise, none of this seems to merit even a mention.

If you think that difference in treatment arises from partisan or ideological bias, you're right. Last year, The Washington Post noted that "Democrats in 2006 were more inclined to blame Bush for high gas prices than Republicans are to blame Obama now." And the difference is more than minor: "73 percent of Democrats thought Bush could do something to reduce gas prices, while only 33 percent (of Democrats) think Obama could — a 40-point shift. By contrast, 47 percent of Republicans thought Bush could help bring gas prices down, compared with to the 65 percent who think Obama could — only an 18-point shift."

In other words, if you ask someone whether the president can affect gasoline prices, Democrats are far more likely to change their answer depending on who occupies the Oval Office. And as everyone knows, liberal Democrats outnumber conservative Republicans in the media by a ratio of something like 8 gajillion to one.

Setting aside partisan politics, the truth is that the president really can't do much to affect prices at the pump. More drilling — and good tire inflation — might make a marginal difference. Higher fuel-economy standards can help, too, although they create a boomerang effect (a lower marginal cost per mile encourages more driving).

On the whole, though, such policies don't matter much when — as Obama has pointed out — the number of cars in China has tripled in just five years. The effect on global oil prices from soaring demand in China, India, and other emerging economies will overwhelm just about anything the U.S. can do at home.

That's Econ 101 — and a lesson the media seem to have grasped. We'll see how good their retention is the next time a Republican moves into the White House.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

A. Barton Hinkle is Deputy Editor of the Editorial Pages at Richmond Times-Dispatch Comment by clicking here.


Previously:




08/02/13: Chris Christie pulls a Dowd
07/29/13: Should Click and Clack wind up in the clink?
07/08/13: Commit any felonies lately?
06/18/13: Citizens and the State: the problem is bigger than you think
06/06/13: Political derangement threatens basic rights
05/30/13: Should we fear ex-Marine --- or those who detained him?
05/23/13: Professor of Constitution goes to war against it
05/23/13: REVEALED: IRS letter to tea party groups
05/15/13: Today on NPR: The smothering tax burden
04/30/13: What does Boston say about diversity?
04/25/13: For some libs, 'courage' = agreeing with them
04/18/13: Utterly outraged by their president's callous betrayal
04/11/13: Cognitive dissonance on guns
04/04/13: Do unto others, but not unto us, say the media
04/01/13: Observations from the auto shop holding pen
03/14/13: The nation-building follies
03/12/13: Will the right come around on pot?
03/07/13: Another U.S. dupe falls for a dictator
02/28/13: How dare you say that here!
02/26/13: Eating Frito-Lay chips at gunpoint
02/20/13: Death Star petitions are just what we need
02/13/13: ObamaCare proves law correct --- deep down you knew it would
01/29/13: It's Time to Get Judgy About Incompetency
01/23/13: Look who's mocking fascist fear-mongering now
01/16/13: Only in Washington could you get away with referring to spending and tax increases as spending 'cuts'
01/09/13: Obama begins his second term, Bush's fourth
01/07/13: Who's Attacking the Constitution Now?
01/03/13: Why, historically, January is the perfect time to debate the filibuster
12/26/12: When libs devalue diversity
12/20/12: Mark Your Calendars
12/13/12: Gun control, ad infinitum
12/11/12: Fracking can help fix the CO2 problem
12/06/12: Let's open the door to lots more immigration
12/04/12: Who's watching the kids? Just about everyone
11/29/12: The Real Middle-Class Champion was Mocked and Opposed
11/26/12: It's time to cut a deal on the budget
11/20/12: The case for a carbon tax
11/15/12: Cue the hysterics. Reports of Democracy's Death Greatly Exaggerated
11/07/12: The $4,000 Trash Can: We need regulation, but not this much
10/23/12: The Ballad of Islamist Rage Boy
10/17/12: Undermining the values that enable people in poverty to escape it? Sadly, yes
10/11/12: How Much Is This Tax Cut Gonna Cost Me, Doc?
10/04/12: Warrantless spying skyrockets under Obama
08/20/12: The wrong side absolutely must not win
08/14/12: America was not built on dirt alone
08/02/12: Libs Discover Their Inner Cheney
07/30/12: Feds want to help you --- whether you want help or not
07/23/12: Barack Obama, Storyteller-in-Chief
07/23/12: Nation's worst outsourcer? You
07/19/12: Listen up, America: You need to knuckle under
07/12/12: Obama, Romney: As Different as Two Peas in a Pod
07/05/12: Are teenagers big children --- or little adults?
06/25/12: Minorities treated as mere numbers
06/21/12: Memo to the the Little Guy: Seemingly innocuous activity could bring the federal hammer down out of a clear blue sky
06/19/12: We mustn't let America be buffaloed
05/31/12: Drop and Give Uncle Sam 20
05/15/12: The feds would like to know if you enjoyed that video
05/03/12: Obama inspires: 'America --- Still Not as Bad Off as Venezuela!'
04/26/12: It's everyone's favorite time of year again
03/29/12: GOP disillusionment is a good thing
03/27/12: Just what America needs: more red tape
03/20/12: Nation wondering: what happening to language?
02/21/12: Culture warriors resort to propaganda
02/15/12: Step away from that cookie and grab some air
02/08/12: Lessons in heresy
02/01/12: Do We Really Need Pickle-Flavored Potato Chips?
01/11/12: Shut up, they explained
12/30/11: A Modest Proposal: Let's Ban All Sports!
12/26/11: A Christmas letter from the Obamas
02/24/11: Will the next Watson need us?
12/24/10: Here Are Some Good Gifts for People You Hate
06/15/10: The Presinator
05/26/10: More than equal
04/08/10: Angry Right Takes a Page From Angry Left but guess who is ‘ugly’?
02/16/10: Either Obama owes George W. Bush an apology, or he owes the rest of us a very good explanation for his about-face on wiretapping
02/03/10: Talkin' to us 'tards
01/27/10: I never thought I'd see the day when progressives would howl in ragebecause the Supreme Court said government should not ban books
01/07/10: Gun-Control Advocates Play Fast and Loose
12/31/09: Nearly everything progressives say about neoconservative interventionism abroad applies to their own preferred policies at home





© 2011, A. Barton Hinkle

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