Just two more short-sighted politicians, doing and saying anything to get elected. Even if it's stupid. Even if it makes zero economic or social policy sense.
America deserves better. I'm not sure if most Americans understand things like the gas tax either, but that's why we need leaders who do.
HP's recommendation? Raise the gas tax $1 a year for the next five years. Use the money to fund massive transportation infrastructure (highways, roads, bridges, trains, light rail, etc) and launch a Green Manhattan Project. The only way to get Americans out of their SUV's and away from imported oil and massive carbon emissions is to give them the incentive and ability to do it.
Clinton and McCain - two idiots who don't understand Econ 101 or what's best for America, running for president and failing.
Economists Criticize Clinton, McCain Gas-Tax Plans
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.
The moratorium would mostly benefit oil companies while increasing the federal budget deficit and reducing funding for the government highway maintenance trust fund, the economists said.
The environmental group Friends of the Earth endorsed Obama over the weekend and called Clinton and McCain's moratorium proposals ``sham solutions that won't ease the pain at the pump.''