Oil vs. Dollar – Some Monday Rough Graphing
Very rough overlay of graphs showing the value of the dollar (in black and numbers on left) to the real price per barrel of oil (in red and numbers on right). Cyan is nominal value per barrel of oil. For personal reference more than anything else.
(Sources: Dollar graph from here. Oil graph from somewhere else, I don’t remember. Bad, Jason!)
Gee, assuming that there is a two to three year lag on policies actually impacting the economy then an impartial observer would say that Democrats are better for the economy than failed oil executives.
Well, it certainly would be interesting to see a list of events that are critical to the value of the dollar and how much of an impact a President or Congress had on those decisions. I’m not saying they’re clear of the blame, but certainly both parties have been involved in economic policies when times are good AND bad. I think it’s more a matter of what those policies were exactly, and how partisan they really were as well.
[...] to see and probably better visualizes thing than my Oil Vs. Dollar graph. August 8th, 2008 at 7:08 am | Tags: economics, [...]