Sunday, April 30, 2006

Invert those gas prices.

From Professor Pollkatz via The Big Picture, a graph of Bush's approval ratings (orange) and an inverted gasoline price index (blue):



(Click on the graph for a larger version.) Correlation? Causation? BP Commenter Andrew says that gas prices has been a good leading indicator of presidential approval, but that pattern is not quite as clear to my eyes.

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