2008-05-04

John McCain's not the only idiot on the economy

Several months ago, John McCain famously said that he "doesn't really understand economics."  

At least he was open to getting some good advisors.

Today, Hillary Clinton was asked if her "gas tax holiday" proposal had the support of any economists.  She could not name a single one.  

This is the same gas tax that McCain has proposed in the past, but he's not pushing it quite so hard these days, probably because it has already failed to pass in the senate, and he's leaving it up to the dems to fight it out.

Economists have pointed out the same things that I have:
Consumers will likely drive more if the tax isn't there, due to psychological reasons, which will make prices go back up, likely higher than they were before.  So the tax would likely raise gas prices.

1 comment:

Anonymous said...

McCain is more honest than Hilary and a better person.