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for different folks:
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.
Am I missing something here? We're paying almost $4.00 a gallon here for gas. How is cutting a little fat going to harm anything? I agree, we need more cuts, but that doesn't seem to be the point they are making:
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.''
Rivlin, who headed the CBO before running the White House budget office during the Clinton administration, was among the Clinton backers signing the letter.
``I don't have to agree with everything she says, and I think she was wrong on this one,'' Rivlin said in an interview today. ``If anything, we need higher gas taxes.''
Yes, you read that right. The liberals in the GOP and the national socialists in the Dem party who have embraced the global warming myth are not opposing the tax reduction for economic reasons...they're actually trying to keep you off the road with even higher taxes.
Let the implications of that mentality sink in for a minute. Progressives who have embraced global warming do not care that you need a job to feed your kids, keep the lights on, and warm the house in winter. They just want you off the roads at all costs. The implications are that only the rich should be able to drive, and that's about as elitist as you can get. The madness has become an epidemic, with "egalitarians" demolishing the poor for the benefit of the wealthy.
