Letters to the Editor
RomanX
Published Letters: 1
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This doesn't help.....
[Read the article: Obama is wrong about the gas tax]
[Read more letters about this article: Here]If we are just going to cater to ignorance and low information voters then we will fix none of the problems we have. If that is elitist so be it. Math is a stubborn thing after all, and the "facts" in this article are poorly presented at best. As an earlier poster noted the federal scheme being kicked around now and the bill passed in Illinois are completely different. The Illinois measure was a percentage of the price and, like sales tax, levied at the pump. So the burden was mainly on consumer. Where as the federal tax is a flat tax that is levied during production. So the oil company pays half the tax and passes the other half onto the consumer. I won't try to get into inelastic supply curves or anything, but I do find it ironic that the same candidate and her supporters who trumpeted the praise of economists for her health care plan now dismisses those same experts as elitist because they say her gas tax holiday is foolish.
But by all means if winning is the goal. Appeal to the highly coveted low information individual out there. These are the same lies we are always told and we will reap the same results.
The hard truth is we need to change our gas consuming habits. The very notion of the gas holiday retards that. What we have here is an example of one politician trying to be honest and level with us about what our problems are and offering a more economically sound solution (though possibly painful), and one who is willing to say what ever is necessary to win regardless of what the facts maybe.
We have already had one president who casually ignored facts. I don't know if we can handle another.