- by New Deal democrat
This is what $2/gallon gasoline does:
via Doug Short. This is a 7 year high in consumer confidence, and well in line with economic expansions prior to the Great Recession.
Gallup's daily economic confidence index also continues to be positive, after 7 years of being negative.
Of a piece, there used to be a site called "Professor Pollkatz" which chronicled the high correlation between George W. Bush's approval ratings and the price of gasoline. Obama's ratings show a similar pattern.
(Btw, for you young whippersnappers, the tag line comes from an ancient Rolling Stones tune).
