He sent me this one this morning, and while it's a little sparse, the bottom right hand corner caught my eye:
First, those gas pumps are totally deceptive. $3.79 is almost exactly 2 times $1.85. Fine. However, let's look closely at those gas pumps:
Graphics aside, let's look at the numbers.
You can see this a bit better if you isolate George W Bush's presidency:
Now, you could accurately say that George Bush took office with gas prices at $1.53 and left with them at $1.74....but clearly that would ignore a whole lot of data in between.
Now here's the averages and standard deviations for each term of the presidencies:
|GWB - 1st term||GWB - 2nd term||BHO – current term|
|Average Gas Price||1.63||2.78||2.99|
Now, none of this adjusted for inflation. By adjusting the yearly averages to 2010 dollars, I got the second term of GWB to $2.99, and the current term for BHO to $3.00.
You don't have to like Barack Obama, and you certainly don't have to like gas prices. No matter what your political affiliation, I think we can all agree on one thing: ALWAYS beware of infographics.