Obama borrowed more in three years and two months than did Bush in eight years. The massive aggregate debt and gargantuan deficits depress the value of the dollar, and help to spike oil prices; a president by the very nature of his budget does have influence on how much oil a dollar overseas will buy.
http://www.nationalreview.com/corner/293948/gasoline-nightmare-victor-davis-hanson
Bad title, good content. The part about the dollar isn't widely discussed.
http://www.nationalreview.com/corner/293948/gasoline-nightmare-victor-davis-hanson
Bad title, good content. The part about the dollar isn't widely discussed.
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