$100 For Gas? This Plan Stinks

Well, not that it needed verifying, but now leading economic analysts are calling the GOP gas rebate plan just plain dumb.

The "Gas Tax Holiday Rebate" is a proposal floated by Senate Republicans that would cut low and middle income tax payers a $100 check, to buy gas presumably.

As Martin Wolk reported on msnbc.com: "It could be one of the dumbest ideas of the year," said Jerry Taylor, a senior fellow at the conservative Cato Institute. "I haven't looked at all of the ideas yet, but it's got to be right up there."

Aside from the C-Note, the GOP plan would also allow oil drilling in the Alaska National Wildlife Refuge. Those Republicans sure are sneaky. They haven't been able to pass their ANWR measures in the past, but hey, if they add a provision giving everyone 100 bucks... who could vote against that!

As if $100 will magically cure everybody's gas woes. That would buy (generously) three tanks of gas for the average car at today's prices. For average-sized SUV's, you'd get about two. Then what? Do we get another check? Rather than proposing silly, stop-gap measures, why not the use estimated $10 billion this gas rebate would cost and use it to seriously develop alternative fuels? Or suspend car makers' tax breaks until they improve mileage standards?

In short, it's time for The Decider to step up and make some decisions. Ones that will truly benefit normal working Americans, not just his big business buddies. 

Comments // (0)

Scrawl your own comment





I'm running out of post-its.
Want this info remembered?

(you may use HTML tags)

  

Post Tips //

You can add HTML links using the standard <a href="http://urlhere"></a>. These HTML elements may also be used: strong, em, cite, & code. The title attribute is allowed within any element. All other code will be scribbled out prior to posting.

Line breaks and paragraphs are automatically converted; no need to use <p> or <br/>. Quotes, apostrophes, and double-dashes are automatically converted to smart punctuation. Be careful when copying and pasting portions of entries or other comments.

Inappropriate, offensive, or unrelated comments may be edited and/or deleted. Email addresses are never displayed.