Gasoline Prices, Iraq, or Both? From Heavy Lifting
The Bear on Apr 21 2006 at 7:24 am | Filed under: Need to Know
This is a plot of Pres. Bush’s approval rating and the inverse of gas price index. Looks like a strong correlation:
One of my current econometrics students is working on a similar hypothesis, trying to determine which is more important to presidential approval, accumulated U.S. deaths in Iraq or the price of gasoline. While the talking heads and the far left would have us believe it is the former, it is all too likely that it is really the latter.
Courtesy of Heavy Lifting Blog
SideBear: The correlation here is certainly interesting and if certainly looks like Bush’s approval ratings are tied to the price of gas at the pump.
Pres. Bush, Bush’s approval ratings, price of gas
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