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Old 05-02-2008, 11:11 AM
 
1,545 posts, read 2,058,688 times
Reputation: 117

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THE NEW REPUBLIC | Blogs (http://blogs.tnr.com/tnr/blogs/environmentandenergy/archive/2008/05/02/does-obama-have-alternatives-to-a-gas-tax-holiday-yes.aspx - broken link)

Getting back to real issues


Quote:
There are two things going on with high gasoline prices. From an environmental standpoint, these are pretty valuable price signals that are getting people to consume less oil, drive more sparingly, and switch to more fuel-efficient cars. Insofar as you think it's a good idea to wean the country off fossil fuels—either for energy-security reasons or to save the planet from toasting—those are positives outcomes, and short-term gimmicks to reduce the price of gas, as Hillary Clinton and John McCain prefer, are counterproductive. (Of course, the Clinton-McCain gas-tax "holiday" wouldn't lower the price of gas by all that much, if anything, but that's another story.)
Hillary will win a few more votes with the pander but she will lose the superdicks
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Old 05-02-2008, 11:14 AM
 
Location: Raleigh, NC
9,043 posts, read 11,607,806 times
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A gas tax holiday will just drive up demand for gas temporarily and just increase prices to their new equilibrium until the gas tax is reinstated. I'll benefit given my investment portfolio, but few others would. In fact, the government will likely just print the difference from their budget shortfall and make inflation worse.
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Old 05-02-2008, 11:15 AM
 
1,545 posts, read 2,058,688 times
Reputation: 117
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Originally Posted by ViewFromThePeak View Post
A gas tax holiday will just drive up demand for gas temporarily and just increase prices to their new equilibrium until the gas tax is reinstated. I'll benefit given my investment portfolio, but few others would. In fact, the government will likely just print the difference from their budget shortfall and make inflation worse.
try explaining that the the uneducated HillBilly is pandering to
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