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They want to believe in that hyperinflation. They want to believe in hyper-unemployment. Paranoia rules the day.Middle Mollyhttp://mollysmiddleamerica.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-1442150028442856315.post-13924626880081633242014-09-18T00:55:19.562-04:002014-09-18T00:55:19.562-04:00I didn't say anything about 2007. Let's g...I didn't say anything about 2007. Let's get the facts straight first. Obama was inaugurated on 01/20/09 so that is when his "watch' and responsibility for the economy starts. You can't blame Bush on this one! I can't find the link where I saw the national average on the price of a gallon of regular unleaded on 01/20/09 was $1.79 but I did find these and I was close: "So just where were gas prices when President Obama took office? The average gas price in the U.S. was just $1.84 per gallon" . You can read the entire article at http://www.breitbart.com/Big-Government/2012/02/14/average-gas-price-at-obamas-inauguration-1-84-per-gallon . Wait a minute, here is another article http://www.cnsnews.com/news/article/gas-when-bush-left-office-178-gas-today-364-highest-average-price-calif-420. Maybe you will believe Consumer Reports that states that the national average of a gallon of regular unleaded was $1.85 on 01/19/09, http://www.consumerreports.org/cro/news/2009/01/average-gas-prices-january-19-2009/index.htm . This is the gasoline price scenario that Obama inherited from Bush when Obama was inaugurated on 01/20/09. Sorry if the truth hurts!!!! Why are you hating on the "burger flippers???? They are a hard working group that are generally under paid so higher gas prices hit this income group very hard along with the poor. Let's try some up to date math as my post is a year old and gas is now $3.38/gallon nationally http://www.businessweek.com/articles/2014-09-17/u-dot-s-dot-gas-price-falling-fast-time-for-the-return-of-the-3-gallon . $3.38-$1.85=$1.53 divided by $1.85 times 100=82.7% cumulative inflation over the about 68 months from 01/20/09 to 09/17/14. In your equation, you used 3.60 as the base amount to divide by and that is incorrect as the base amount in your equation should be 3.07 (2007 starting point) since you are looking for the increase in cumulative inflation from 2007. Your incorrect denominator underestimates any increase. Good try Ken!!!! Now, go to bed so you can get up and get to school on time. You don't want to flunk the 5th grade, AGAIN!!!! BTW, I am a libertarian and a physical conservative. My post was responding to RobertK who didn't know what product or commodity had gone up 100% and I reminded him that gasoline had from 01/20/09 to 2013 when I posted the response to him. 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