Economy

April 30, 2008

Obama the Only Candidate Seeing the Light on Gas Tax Issue

The price of gas sucks.  There is no doubt about that. Nobody is arguing anything else.  I drive a Prius with a tank the size of a Ziploc baggy and it cost me $32 to fill it up this morning. Yeah, it sucks buying gas.

That acknowledged, Senator Obama is absolutely right when he says that McCain and Clinton are playing political games with talk of repealing the gas tax for the summer months, not positing sound economic policy.  Experts agree that a vacation from the gas tax will do little to nothing to lower the price of gas.  The demand will continue to out pace the supply and the price will continue to go up.  So, at the end of the three months gas is still $3.65 a gallon but then has to jump an additional 18 cents immediately as the tax is reinstated.

Only in the world of "Whatever it takes to get elected" does that sound like a good idea. The government loses billions, the oil companies still make gazillions and we're still paying a ton at the pump. This isn't a solution, it's a ploy.  And, this issue is another example of which candidate in the race really is straight-talking and has the real interests of the average American in mind.

February 08, 2008

Help Is On The Way? Congress Passes Stimulus

Yesterday Congress passed an economic stimulus package.  If you haven't heard the news then I'm not sure what rock you've been hiding under . . . but the average tax payer will get $600 each in the form of a rebate check.  While I wish I could splurge and spend the $1500 we should be getting on something fun like a beach vacation (Adam would vote for a TV), we unfortunately won't be doing much stimulating as we'll be paying off credit cards.

So, I'm curious - will any of you help pick up my slack? What are you doing with your rebate?

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