The classic Kubler-Ross model suggests that people pass through five stages of grief: denial, anger, bargaining, depression, and finally acceptance. CNN Money does its level best to help Americans reach the final stage, and accept the high gas prices Barack Obama has imposed upon them, with a simply astounding article called “Rising Gas Prices Aren’t as Bad as You Think”:
Gas prices are once again dominating the national debate.
But despite rhetoric, high gas prices aren’t hurting as much as they used to.
In 1981, when oil prices spiked following the Iranian Revolution, gasoline represented nearly 5% of the nation’s spending, according to the Bureau of Economic Analysis. In 2011, only 3.7% of spending went to gas, even though prices averaged at their highest level ever that year.
In addition to spending less, we’re driving more than ever — 90% more than compared to the early ’80s, according to the Federal Highway Administration.
This is just like when the media told us Barack Obama’s grinding, endless unemployment is really a good thing, because it gives us more time to achieve self-actualization by working on our hobbies and spending time with our families.
While CNN allows that high gas prices do hurt a bit, you whiny brats are way over-reacting by bringing our Dear Leader’s poll numbers down. They also explain why their attitude was one hundred percent the opposite when gas prices climbed under a Republican president:
This isn’t to say high gas prices don’t hurt — they do, especially for people living paycheck-to-paycheck or those that drive a lot.
But for the average American household, which has an income of over $62,000 a year, the increase in gas prices represents a relatively small portion of total spending.
For example, in 2008 gas prices were all over the news when they hit their all time high. But in 2010 when prices fell people barely mentioned them.
Yet spending on gas totaled only $12 more per week in 2008 than in 2010, according to numbers provided by the Bureau of Labor Statistics.
That $12 per week is roughly the same amount that BLS figures show people spent on “pets, toys, hobbies and playground equipment.”
See, it’s not blatant media bias at all that our friends in the press corps filed reports about rising gas prices four times more often under Bush than with Obama, or that the Bush years were filled with doomsday articles about middle-class agony at the pumps. People are just plain richer now – their pockets are stuffed with the fruits of Obama’s unemployment insurance benevolence. Get rid of your cat, and you’ll never even miss the extra $12 per week you’re spending on gas.
CNN thinks that since people are still spending money at retail stores, it’s prima facie evidence that gas prices aren’t too bad. Has the economy completely shut down yet? No? Then what are you complaining about? Besides, the desired “transformative” effects of soaring gas prices are taking place, because people are using mass transit more, and that’s much more important than freedom of movement or economic liberty. “People actually die in this quest to find new supplies” of oil, you know. Obama’s energy policies are saving lives!
The corker comes when CNN looks at the three reasons our unreasonable, high-strung populace is so grouchy about rising gas prices. The first two are solid points: “no one likes to buy gas,” and “prices are seen everywhere.” But the third will have you rolling on the floor and clutching your sides with laughter:
People are encouraged to get mad: The media seizes upon the rising price because it makes a good headline.
Political pollsters may also use it to bait people.
“Some polling questions seem designed to get people to blame the current president,” Rao said.
And that, of course, is good news for the opposing political party, which beats the gas price drum ad infinitum.
The “media seizes upon the rising price?” It’s hard to type through the tears. The Left-media has been working so hard to downplay gas prices that watchdogs have been remarking upon it for the past two years. Courtesy of NewsBusters, here’s what it looks like when the media seizes upon rising prices, as part of their bid to get a Democrat president elected:
Dismal broadcast network reports about “skyrocketing” gas prices filled the newscasts in 2008. There were reports about businesses closing, airlines struggling and truckers protesting — all because of the high prices. One ABC report said families were facing the “tough choice” between food or fuel. Others said that “wallets were running on empty” and consumers were told over and over that there was no relief in sight. But by the end of November 2008, prices had collapsed to $1.82.
The networks weren’t simply reporting the painfully high gas prices in early 2008 though, in many cases they were exaggerating them. NBC’s “Today” focused on Redwood City, Calif. on March 6 where regular gasoline cost $3.99, according to the photograph NBC aired. The national average for gas that day was $3.19 a gallon. Ann Curry also failed to tell viewers that California has the highest state gasoline tax in the nation, a whopping 45.5 cents a gallon at that time.
Also at NewsBusters, Tom Blumer remembers a time in July 2008 when the very same CNN Money currently preaching about the delights of high fuel cost literally re-wrote the news to obscure the reason those prices dropped suddenly under President Bush. A CNN Money report from earlier in the day quoted a senior market analyst saying the second-largest one-day drop in oil prices ever recorded “seemed to pick up steam” after President Bush gave a speech about… increased off-shore drilling. This quote was mysteriously excised from CNN Money’s end-of-the-day wrap-up, which focused entirely on Fed chairman Ben Bernanke talking about reduced oil demand.
The media has been desperately trying to protect Obama from the political effects of his energy policies for a long time. It’s not working any more. That’s why they’re down to last-ditch absurdities, like perpetuating the false idea that the President can’t do anything to bring Americans relief at the pump, and sticking a toe in the waters of acceptance by floating stories about how $4 gas is awesome.