News Media Finally Covers A Real Issue: Gas Prices
Just when I thought the Democratic Party nomination would only be a referendum on bowling vs. basketball, finally the media is covering a real issue: gasoline prices.
Gas prices impact most people much more than candidate flag pin accessory decisions. It is encouraging that we can analyze a real issue.
Hillary Clinton has joined John McCain in calling for a “gas tax holiday”, proposing a suspension of the federal tax of 18 cents per gallon of gasoline during the summer months. Many analysts and Barack Obama have heavily criticized this proposal. They claim that this “gas tax holiday” would have little economic benefit and encourage more gas consumption when our energy policy should instead focus on conserving oil and other energy resources. Clinton critics also decry this proposal as nothing more than political pandering. (Steve Brenan’s article is one example. If you can find someone praising the proposal, please post it in the comments - I always want to present “both sides”). Clinton has dismissed her critics as simply “elite opinion”.
For many people, a temporary elimination of the federal gas tax will not add up to meaningful savings. However, most people whose income depends on significant driving would welcome this relief.
Loading …The “gas tax holiday” proposal is not a major issue, but it opens the discussion to a critically important one: U.S. energy policy. Everyone should know about the “peak oil” debate.
The candidates actually have much more substance than the goofy nonsense that dominates the media coverage.
Remarkably, unlike the websites for the Democrats, the “issues” section of John McCain’s website does NOT include “energy policy” as one of his issues. It does list “Second Amendment” (guns) as one of the major issues. I really try to be objective, but WOW!
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