President Bush, during his press conference on Tuesday, criticized the Asian governments that subsidize gasoline costs, rambling on about market distortions, blah blah blah. Yet, he is in the midst of mailing $150 billion to US taxpayers, the so-called fiscal stimulus package that kept retail sales out of the hopper in June. Where does he think people are spending these stimulus checks? Is this guy completely out of touch or just lying?
Posted by: Bruce Allen | July 16, 2008
Gasoline Price Subsidy
Posted in economics, energy prices, politics | Tags: gasoline prices, George Bush, tax rebates
