Well, another night of insomnia has come ... and gone. I'm gonna try to get a least an hour or so of sleep soon, but before I do:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aza2XQB.kk0k&refer=worldwide
Their first paragraph: "May 5 (Bloomberg) -- 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."
Ding. And the reasons? Because it doesn't save people much money and because it reduces the tax monies available to maintain roads and bridges. DING. That's what I wrote, too. And I'm not an economist.
BUT...then we come to what JM said: "``I find people who are the wealthiest who are most dismissive of a plan to give low-income Americans a little holiday'' Ummm...I'm not wealthy. Far from it. I've debt coming out of my ears, frankly. It's just that I'm not quite so stupid, JM. I KNOW this is a bad idea, and I KNOW *WHY* it's a bad idea. Yes, 30$US does more money to me, but that's saved not at one fillup at the pump, but over the ENTIRE driving season (the summer months.) 30$US saved over several months? Better than nothing, but nowhere near as much as they want it to sound.
``I'm not going to put my lot in with economists'' (HRC said) because ``we would design it in such a way that it would be implemented effectively.'' Oh? How's that, HRC? ::tick:: ::tick:: ::tick:: ::tick::
Um...no details here, folks. Just that she would implement it "...effectively." Um...news flash; the President doesn't have that type of authority. Sorry, HRC, but the President really doesn't. (Since you're running for that office, I kind of expect you to keep up on little things like this.)
In all, there's nothing new here. Just stupid politicians giving stupid ideas trying to win votes.
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