Daily Tracking Polls. Rasmussen unchanged from yesterday, with Hillary leading 46-44%. Buried lede: many think Obama actually shares Wright’s controversial views and only denounced him out of political necessity. I can’t imagine who might be pushing that notion — certainly not the cable nets and talk radio. Gallup has Obama slightly up and Hillary slightly down, with Hillary leading 48-46%.
Obama to release ad on Hillary’s pandering over “gas tax holiday.” Hillary claims if you’re opposed to it, you’re siding with the oil companies. Actually, the opposite is true. Cutting the tax doesn’t hurt the oil companies (they don’t keep the tax proceeds — the US Treasury gets it) – it helps them because the lower price will spike demand (and thereby give them an excuse to raise prices further). She knows this, but doesn’t care. She’s more than willing to mislead voters if it helps her win.
Yes. Isn’t it horrible that Hillary Wants to save people a few bucks. Damn her and her Wanting the Best for Us! How Dare She want people to save a few bucks On gas, which is Insanely expensive!
Disapproval from congress and a few experts doesn’t mean it’s wrong.
Vote for Hillary!
Love always
The Rhino.
———————- To save a few bucks from a “gas tax holiday,” you have to trust the oil companies to be charitable and not raise prices to make up the difference with higher prices. Is that a safe bet? Doubtful. The oil companies have no disincentive against raising gas prices – and every profit motive to do so. But even if they are feeling kind and don’t raise prices, the law of supply and demand would suggest that they will have to increase prices anyway — because the initially lower prices will drive up demand for a finite supply. Meanwhile, the infrastructure trust fund that gets the proceeds from the gas tax would go unfunded, so our roads and bridges would not have the funding for maintenance and expansion. So the benefits are speculative at best, but the costs are significant. A gimmick.
Obama voted for a gas tax break in Illinois several years ago as a state senator and learned from that experience that it didn’t do any good for consumers. Hillary, a policy wonk, knows better than to push this. It’s pure pandering. Is that what you want in a president? More “Mission Accomplished”?
They’ll raise prices anyway. they always do, every single year as summer comes, and it wouldn’t have anything to do with offsetting a tax cut.
The reverse is true. The cut in taxes would be an offset to what the oil companies would overcharge in an attempt to make even more profit off of the Public.
Vote for Hillary!
—————- The difference you’ve ignored is under Hillary’s plan, the transportation trust fund gets short-changed, and for no reason since, as you conceded, the prices would go up anyway. Good luck with McHillary.
If you want to save a few bucks on gas, reducing the gas tax isn’t the way to go about it. In fact, if people decide to drive more as a result, gas usage and demand will increase, driving prices up further. How about a novel concept like making oil companies invest some of their record-breaking profits in alternative fuels instead of penalizing them for making money? The problem with going after the “big guys” all the time is that the big guys actually drive the economy. Not these b.s. $1200 tax rebates everyone’s dying to get in their hot little hands.
Am I the only person who thinks Joe Andrew is an opportunist who sees a shot at some P.R. for himself? Don’t get me wrong — I’m glad he’s on my side now — but he smells slimy.
There’s truth to what McCain is saying about our bridge collapse. The basic transportation budget in Minnesota doesn’t cover core inspections and repairs. The shortfall is massive. Yet, a new gas tax was just pushed through to fund NEW projects. I’ve got potholes everywhere I look, and bridges are being shut down all over the state, because we don’t have the money to repair them, but we’re going to build more light rail.
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5 responses so far ↓
mikeytherhino // May 2, 2008 at 3:48 am
Yes. Isn’t it horrible that Hillary Wants to save people a few bucks. Damn her and her Wanting the Best for Us! How Dare She want people to save a few bucks On gas, which is Insanely expensive!
Disapproval from congress and a few experts doesn’t mean it’s wrong.
Vote for Hillary!
Love always
The Rhino.
———————-
To save a few bucks from a “gas tax holiday,” you have to trust the oil companies to be charitable and not raise prices to make up the difference with higher prices. Is that a safe bet? Doubtful. The oil companies have no disincentive against raising gas prices – and every profit motive to do so. But even if they are feeling kind and don’t raise prices, the law of supply and demand would suggest that they will have to increase prices anyway — because the initially lower prices will drive up demand for a finite supply. Meanwhile, the infrastructure trust fund that gets the proceeds from the gas tax would go unfunded, so our roads and bridges would not have the funding for maintenance and expansion. So the benefits are speculative at best, but the costs are significant. A gimmick.
Obama voted for a gas tax break in Illinois several years ago as a state senator and learned from that experience that it didn’t do any good for consumers. Hillary, a policy wonk, knows better than to push this. It’s pure pandering. Is that what you want in a president? More “Mission Accomplished”?
-RK Ref
gasdocpol // May 2, 2008 at 3:50 am
GW Bush was a drifter with a drinking problem until he was 40. Then he was a serial failure in business.
The GOP knew that and they put their stamp of approval on him anyway.
mikeytherhino // May 2, 2008 at 4:10 pm
They’ll raise prices anyway. they always do, every single year as summer comes, and it wouldn’t have anything to do with offsetting a tax cut.
The reverse is true. The cut in taxes would be an offset to what the oil companies would overcharge in an attempt to make even more profit off of the Public.
Vote for Hillary!
—————-
The difference you’ve ignored is under Hillary’s plan, the transportation trust fund gets short-changed, and for no reason since, as you conceded, the prices would go up anyway. Good luck with McHillary.
RK Ref
Love Always.
The Rhino
mikeytherhino.wordpress.com
animar // May 2, 2008 at 5:41 pm
Yeah…darn that Hillary for wanting to save us a few bucks- how else will we all be able to afford to go out and ” eat cake “.
Missives From Suburbia (Deb) // May 3, 2008 at 3:42 am
If you want to save a few bucks on gas, reducing the gas tax isn’t the way to go about it. In fact, if people decide to drive more as a result, gas usage and demand will increase, driving prices up further. How about a novel concept like making oil companies invest some of their record-breaking profits in alternative fuels instead of penalizing them for making money? The problem with going after the “big guys” all the time is that the big guys actually drive the economy. Not these b.s. $1200 tax rebates everyone’s dying to get in their hot little hands.
Am I the only person who thinks Joe Andrew is an opportunist who sees a shot at some P.R. for himself? Don’t get me wrong — I’m glad he’s on my side now — but he smells slimy.
There’s truth to what McCain is saying about our bridge collapse. The basic transportation budget in Minnesota doesn’t cover core inspections and repairs. The shortfall is massive. Yet, a new gas tax was just pushed through to fund NEW projects. I’ve got potholes everywhere I look, and bridges are being shut down all over the state, because we don’t have the money to repair them, but we’re going to build more light rail.