An Oil price spike will lead to higher fuel costs which will cause food price to skyrocket. Yet Obama and company will blame ‘greedy’ capitalism for the markets reaction to government interference.
“Yet Obama and company will blame greedy capitalism for the markets reaction to government interference.”
This is how the left operates. The Marxist Hegelian Dialectic is a process in which the government causes a problem through its actions, then acts like a spectator as the problem unfolds, then proposes new actions to cure the “crisis”. The government actions are all incrementally leftward. At no point does government admit that the problem was caused by government.