Political Economy

Annals of Partisanship: Can the President Affect Gas Prices?

Apr 18 '12

bq. Republicans are largely of the view that presidents can do a lot about gas prices, while Democrats are convinced market prices are beyond the power of presidents to control.

bq. Or so it is in 2012. In May 2006, when the CBS News Poll asked this exact question as gas prices spiked during the Bush administration, the partisans had just the opposite theories of presidential control of the economy.

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