“Immediate and permanent increase to oil prices (from a stable $30 per barrel)”
As yehudayona points out, oil prices have been anything but stable for over 40 years. But in fact oil prices have not been as low as $30/bbl. since late 2003. (My source is the US Department of Energy Energy Information Administration.) This is one that might well be able to be blamed on the Iraq war, which ironically was supposed to result in cheaper oil.
It should be noted that oil prices are highly dependent on the state of the economy. They reached $145/bbl. in July 2008, then plummeted to $30/bbl. by December. Gasoline prices had a similar plummet, from $3.41/gal. to $0.79/gal. on the New York spot market. Obamahaters here criticize Obama for high gasoline prices; do they really want to return the economy to the way it was in December 2008?
“Can you also give links to the DJIA time series? How about to the time series showing the combined wealth of America’s wealthiest families? “
Why don’t you look for yourself? I’m not your research assistant! The stock market has indeed boomed, proving that Obama is the most incompetent socialist in history.
“So I’m not sure why you are clinging to CPI after I made it clear I have no argument there.”
I didn’t cling to the CPI; I gave you the GDP deflator. You have presented no data that indicates that inflation is a problem.
“There is too much money chasing NO goods.”
There isn’t a shortage of goods, as any trip to a shopping mall will confirm. And most Americans would disagree about there being too much money.