The More Things Stay The Same The More The Story Changes

That was then....
2008 Fox News Reporting on High Gas Prices (by Media Matters)   

Gasoline

 Initially gasoline price fell by  about 20% from the time Pres. Bush took office due to a 45% decline in the stock market. As the equity market improved, gasoline prices moved higher, gaining almost 290% before the bubble burst. At the end of his term gasoline prices gasoline prices were 35% higher than when he took office.

US Dollar

In 2001 and 2002 the USD posted 10% gains. The
dollar was under pressure for the remainder of the Bush presidency, losing as much as 35% of it's value. There was a slight rebound but the USD lost 23% during the Bush year.

Gold

Gold prices rallied during the Bush years. By the summer of 2008 gold price were up more than 280% . When Pres Bush left office gold had gained about 220% over his presidency

In the first two years of his term stocks lost almost 45% of their value. At the beginning of 2008 the stock market was up by about 15% since President Bush took office,  As the financial crisis expanded, equities plunged and for the second time in his term stocks had lost about 45% of their January '01value'





This is now...
2012 Fox News Reporting On High Gas Prices (by Media Matters)

Gasoline

The Fox News pundits are correct when they say they gas prices have risen almost 160% since Pres. Obama took office

US Dollar

The USD has remained under pressure, but is 13% higher than the Bush lows.

The bull market in gold has continued during Pres Obama's term, jumping as much 110% from  when he took office January '09. Gold has pulled back from its high but it is up 83%.

The stock market was still in a free-fall when Pres Obama took office and stocks lost almost 20% of their value before the effects of the stimulus programs kicked in. Equities rallied until mid 2010 then had a small retracement. The rally resumed and stocks posted a new high for the move before pausing and pulling back once again. As of this writing, stocks are testing the post-crash highs of 2011.




Anyway, all I can say is...Thank Goodness For Organizations Like "Media Matters" as they continue to point out the fallacies that flow from Fox.