Gas Tax Holiday Idea Not Winning Many Supporters
Survey says ... gas tax holiday is just not a good idea.
Other than Sen. John McCain and Sen. Hillary Clinton, it seems to be heard to find anyone who thinks that a gas tax holiday is a good idea.
Former Clinton Energy Secretary Federico Peña released a statement via the Obama campaign today that said " ...a gas tax holiday would save the average family only about 30 cents a day. It's designed to win elections, not fix our energy problems."
Newsweek columnist Jonathan Alter is pretty blunt. He describes this proposal as "the most irresponsible policy idea of the year--an idea that actually could aid the terrorists. What's worse, both of them know that suspending the federal gas tax this summer is a terrible pander, and yet they're pushing it anyway for crass political advantage."
New York Times columnist Thomas Friedman was equally as cutting.
"It is great to see that we finally have some national unity on energy policy," he wrote. "Unfortunately, the unifying idea is so ridiculous, so unworthy of the people aspiring to lead our nation, it takes your breath away ... This is not an energy policy. This is money laundering: we borrow money from China and ship it to Saudi Arabia and take a little cut for ourselves as it goes through our gas tanks. What a way to build our country."
Yesterday Times columnist Paul Krugman (who has been accused by many Obama supporters of being a Clinton supporter) said he didn't like the idea either:" ... John McCain has a really bad idea on gasoline, Hillary Clinton is emulating him (but with a twist that makes her plan pointless rather than evil), and Barack Obama, to his credit, says no."
Sam Stein of the Huffington Post called economists of every political ideology he could find and not a single one supported the gas tax holiday idea.
Then today in the Washington Post The Trail column, Perry Bacon Jr. writes that "Clinton aides think that even if the measure [gas tax holiday] is a limited way to reduce gas prices, it allows the candidate to bash oil companies and cast her opponent against an idea that has political appeal."
4:44 PM ET | 04-30-2008 | permalink

