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Obama is wrong about the gas tax
Think Clinton's plan to suspend the gas tax temporarily is a bad idea? A similar measure in Illinois -- which Obama backed -- seems to have helped consumers.
By George Frost [2008-05-06]

  • Lawyer vs. 200 economists

    Whom would you trust on this: the lawyer author of this opinion piece or 200 economists?

    http://www.bloomberg.com/apps/news?pid=20601110&sid=aza2XQB.kk0k

    More than 200 economists, including four Nobel prize winners, signed a letter rejecting proposals by presidential candidates Hillary Clinton and John McCain to offer a summertime gas-tax holiday.

    Columbia University economist Joseph Stiglitz, former Congressional Budget Office Director Alice Rivlin and 2007 Nobel winner Roger Myerson are among those who signed the letter calling proposals to temporarily lift the tax a bad idea. Another is Richard Schmalensee of the Massachusetts Institute of Technology, who was member of President George H.W. Bush's Council of Economic Advisers. ...

    -- Lady Emily Howard
    [Read Lady Emily Howard's other letters]
    Monday, May 5, 2008 08:01 PM
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