Don’t Just Take My Word for It
Posted on April 30th, 2008 in Uncategorized | 1 Comment »
On his blog, James Fallows calls Hillary’s support for a temporary suspension of the national gas tax “the stupidest moment in policy ever.”
No one who has thought about this issue thinks that it will actually reduce prices or — more important — help the the people disproportionately hurt by $100+/barrel oil and $4 gasoline. And to the extent it has any effect on America’s long-term approach to energy policy, transportation, oil dependence, and climate change, the effect will be perverse.
One Response
4/30/2008 5:49 pm
Sadly, there will be lots of lower middle class blue and white collar workers who are hurting and don’t know much about economics either and they will believe it’s a good deal. They’re the ones who vote for Hillary, aren’t they? And not that elitist Obama.