Kyle Bell

Common sense is still a virtue

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Hillary/McCain: Out of Touch on Gasoline

April 30th, 2008 · No Comments

Maybe Hillary Clinton and John McCain should become running mates? Not only are they using the same talking points against Obama on the campaign trail, they’re proposing the same plans! Weeks after John McCain announced a plan to cut an 18 cent gasoline tax that would do little to save people money on $4 gasoline, Hillary Clinton outlined the exact same program.

The problem? All of the pandering does little to save consumers money, and may actually result in even HIGHER gas prices. Anyone who has a basic understanding of economics would know that higher demand means higher prices. So by eliminating the 18 cent gasoline tax, demand would rise and so will price. The result: oil companies will make more money at the expense of our highways and consumers.

What else is wrong with the Hillary/McCain proposal? It would cost the federal government an estimated $9 billion over the 3 months that the “gas tax holiday” would occur. Not only would we not be repairing our highways over the summer, we would be putting our entire infrastructure at risk. The bridge that collapsed in Minneapolis last year proves we can not afford either Hillary or McCain to be president. It also would result in an estimated 300,000 job losses. So much for jump starting our economy, Hillary.

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