I’m with Senator Obama
Peg on Apr 24 2008 | Filed under: Domestic Politics, Economics, Election 2008, Peg's Page, energy
At least on this topic.
Economists in general oppose a tax holiday because it would encourage consumption of gasoline at a time of soaring demand.
Billionaire oilman T. Boone Pickens, a longtime Republican donor, criticized Sen. McCain’s policy in an interview with The Wall Street Journal and other news organizations last week.
Mr. Pickens said suspending the federal gas tax “sends a signal that we have plenty of gasoline and diesel, and that’s not the case.”
Yep; what Boone said.
