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CMCM's avatar

I saw Biden with a nice little graph about a drop in gas prices, all due to his leadership brilliance of course. The line show a strong decline that looked impressive as long as you didn't look too closely. All it showed was a mere 2 cent drop in gas price over a 7 day period, but it was deceptively presented so that at a glance it looked like it was a huge drop.

Here's the chart, sorry the link is so long:

https://www.bing.com/images/search?view=detailV2&ccid=mr4fBBt1&id=5AE10BE4BCA6D357553F2730B400D1AB6004A4D3&thid=OIF.Q5RNa5XyEmbpLY7HjQmhDA&mediaurl=https%3a%2f%2fwww.autospies.com%2fimages%2fusers%2fAgent001%2fmain%2fscreenshot_12759.jpg&cdnurl=https%3a%2f%2fth.bing.com%2fth%2fid%2fR.9abe1f041b7537029659d1c453e09cd3%3frik%3d%26pid%3dImgRaw%26r%3d0&exph=537&expw=800&q=biden+chart+showing+2+cent+drop+in+gas+prices&simid=305000503545&FORM=IRPRST&ck=43944D6B95F21266E92D8EC78D09A10C&selectedIndex=0&idpp=overlayview&ajaxhist=0&ajaxserp=0

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CaliforniaLost's avatar

2 cents!!! Small victories for small men.

I'd love to talk to the genius who created the chart and actually thinks that it moves the needle on approval. Would I address that person as "Commissar", "Fellow Worker", or "Citizen"?

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Wazoomann's avatar

A 2 cent drop in prices is equal to....well, a rounding error. Desperate times with 6.8% inflation. BTW if you know how they compute that inflation - say. a 1986 car is priced upwards because the new cars have standard equpment/options you couldn't get back then (e.g. anti-lock brakes, airbags etc), thereby significantly increasing its price, reducing actual inflationary cost of owning A CAR. The fact remains that owning a car is far more expensive and most people don't care about options or govt required standard equipment when they need to get from point a to point b. IOW, the inflation numbers are far higher. It's total b.s. Based on a more correct "basket" of goods you could buy then versus now, inflation YOY is likely about double that. And now...we know the true cost of government malfeasance and incessant borrowing, shutting businesses for months or years because of "creative charting"

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