gas tax

We love the smell of napalm in the morning

Tuesday, May 6th, 2008

gaspump

It’s hard to believe Sen. Hillary Clinton was ever honored to share a stage with her rival Sen. Barack Obama after seeing her latest last minute ad slamming Obama’s criticism of the much-ballyhooed gas-tax holiday.

But first—a word of praise. We’re actually talking about an issue. Gas taxes have never been so refreshing!

We’re talking about an issue for what seems like, the first time since December 2007. We’re talking about economics: supply, demand, production, profits, and loss. Slight upgrade from the status quo.

Hillary can call the economic pitfalls of her plan “elite opinion” until every last chicken comes home to roost, but economic theory as a media-driven, election-year conversation is a drastic and very welcome departure from said chickens.

Sen. John McCain proposed the tax holiday first. What makes his endorsement different than Clinton’s is that the New York Senator wants to use a windfall profits tax on oil companies to recoup the lost government income.

The whole proposal reeks of opportunism.

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