OMG! McCain has offered a solution to the high cost of gas, that is a summer holiday from the Federal tax on gasoline. But wait, Clinton is offering the same proposal. Thinking…….that alone should tell the voter something…Dem and Repub thinking alike……now that should also show how much change their would be in Washington if either were elected.
Beyond that political comment, let us look at the proposal. I cannot find any economist that thinks that would be a good idea. It would save about $30 over the summer, or about 30 cents a day. In the beginning it would most likely bring the price of gas down, but then demand would shoot up and in this system of supply and demand, prices would raise again. With more driving the amount of pollution would increase. Lastly, it would lessen Federal revenue, at a time that these domestic programs cannot afford a loss of funds.
Now some one please tell me these uninformed people are kidding. And someone please tell me that these people are not running for president. I have always contended that the anti-christ was the DLC and now they are of a like mind with McCain. Remind me again of the changes that another Clinton would bring to the table.