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Obama Is Right: The Gas-Tax Holiday Idea Is A Phony, Pandering Scam

by Doug Mataconis @ 12:28 pm on April 30, 2008. Filed under 2008 Election, Barack Obama, Economics, Gas Prices, Hillary Clinton, John McCain, Politics

Here’s why:

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17 Responses to “Obama Is Right: The Gas-Tax Holiday Idea Is A Phony, Pandering Scam”

  1. Jabberwonk says:
    April 30, 2008 at 1:20 pm

    Here – we created a calculator so you can figure out how much you’ll save by this measure (hint, for most people it won’t even by a case of beer – unless you drink Coors Light, in which case you can get your beer but you won’t be able to get any snacks).

    http://www.jabberwonk.com/flinker.cfm?cliid=13lkzo

  2. Below The Beltway » Blog Archive » How Much Would You Actually Save If The Federal Gas Tax Was Suspended For The Summer ? says:
    April 30, 2008 at 2:25 pm

    [...] again, the gas tax holiday idea is a phony, pandering scam.   [...]

  3. RevAaron says:
    April 30, 2008 at 5:29 pm

    I didn’t get this myself- I’ve been saying the same thing since the idea of a “gas tax holiday” was first floated. Not only would you not see that much of a savings because of the law of supply and demand, you might very well lose money during the “holiday,” when the artificially deflated price drives the demand up, and then again driving up the price, quite likely more than the $0.18/gal tax did in the first place.

    But even in a perfect scenario, if the gas price doesn’t shoot up, when the “vacation” is over, the price will be back at a place higher than if there was no “tax holiday” in the first place.

    If this idea was tried, McCain, most Republicans, Clinton and every other pandering hack would probably keep it going until the “non-recession” the electon was over- otherwise the fallout might affect their chances of election. :P

  4. Gaurav says:
    April 30, 2008 at 6:52 pm

    I wonder that why Obama is always right on the reddit links…Ask yourself; is he “always” right, or it is YOU who wants to think that he is right…

    Infatuation, charisma, prowess of speech is what is driving many crazy – and makes him ALWAYS right.

  5. Bill says:
    April 30, 2008 at 10:34 pm

    One thing is for sure, Obama certainly won’t advocate any drilling in Anwar, S. Dakota, or in the Gulf. He also won’t allow obselete military bases be converted into oil refineries. He’s too beholden to the Sierra Club and the other ‘green’ organizations…none of which are helping the rest of us buy gas. But then, you have to kiss the butts of the folks that are paying your fare, now don’t you?

  6. Frank says:
    April 30, 2008 at 11:22 pm

    Gaurav –

    Well, thing is, when someone is right, they’re right. Sure, being charismatic doesn’t make one right… but a lot of folks seem to need to understand that being charismatic doesn’t make one wrong, either. We’ve been governed by uncharismatic, ill-spoken, pandering fools for so long that I can understand why someone could be mistrustful of someone who isn’t; but just as the Obamaniacs need to realize that the guy is only human and is sometimes wrong, a lot of folks on the other side need to realize that the guy knows a thing or two and isn’t always wrong. (I will be reprinting this reply several times a day for the next few weeks, alternately substituting “Clinton” for “Obama” as the necessity arises ;)

  7. Davis Tucker says:
    May 1, 2008 at 12:27 am

    absolutely correct.

    I don’t know if you all are aware of The Oil Drum, but they’ve been, erm, banging the drum on this pretty hard over the past few days.

    “An Open Letter to Our Next President about Energy Policy”

    http://www.theoildrum.com/node/3915

  8. songboom.com says:
    May 1, 2008 at 2:40 am

    No kidding – did anyone actually buy this terrible idea?

  9. Karen says:
    May 1, 2008 at 3:03 am

    Gaurav, You are indeed correct. Senator Obama is always (okay, almost always) right. He does have charisma and prowness of speech. He also is extremely bright and stands for those beliefs that I stand for. He’s amazing! Thanks for pointing it out.

    Obama ‘08.

  10. Varuag says:
    May 1, 2008 at 4:18 am

    Gaurav, Maybe you should ask yourself if by calling you an idiot I want OTHER PEOPLE to realize you are an idiot, or whether I want YOU to realize you’re an idiot.

  11. Below The Beltway » Blog Archive » The Gas Tax Holiday: Political Pandering And Economic Stupidity In One Convenient Package says:
    May 2, 2008 at 11:19 am

    [...] Gas Tax Holiday Scam Obama Is Right: The Gas-Tax Holiday Idea Is A Phony, Pandering Scam Hillary Clinton Panders At The Gas Pump How Much Would You Actually Save If The Federal Gas Tax Was [...]

  12. Below The Beltway » Blog Archive » Bloomberg On The Gas Tax Holiday: The Dumbest Idea I’ve Heard In A Long Time says:
    May 2, 2008 at 12:56 pm

    [...] Gas Tax Holiday Scam Obama Is Right: The Gas-Tax Holiday Idea Is A Phony, Pandering Scam Hillary Clinton Panders At The Gas Pump How Much Would You Actually Save If The Federal Gas Tax Was [...]

  13. Below The Beltway » Blog Archive » The Gas Tax Holiday: Does Anyone Really Think This Is A Good Idea ? says:
    May 2, 2008 at 1:43 pm

    [...] Gas Tax Holiday Scam Obama Is Right: The Gas-Tax Holiday Idea Is A Phony, Pandering Scam Hillary Clinton Panders At The Gas Pump How Much Would You Actually Save If The Federal Gas Tax Was [...]

  14. Below The Beltway » Blog Archive » Good News On The Gas Tax Holiday Scheme says:
    May 6, 2008 at 9:39 am

    [...] Gas Tax Holiday Scam Obama Is Right: The Gas-Tax Holiday Idea Is A Phony, Pandering Scam Hillary Clinton Panders At The Gas Pump How Much Would You Actually Save If The Federal Gas Tax Was [...]

  15. Below The Beltway » Blog Archive » Economists Against The Clinton/McCain Gas Tax Holiday says:
    May 6, 2008 at 9:53 am

    [...] Gas Tax Holiday Scam Obama Is Right: The Gas-Tax Holiday Idea Is A Phony, Pandering Scam Hillary Clinton Panders At The Gas Pump How Much Would You Actually Save If The Federal Gas Tax Was [...]

  16. Below The Beltway » Blog Archive » Congressional Republicans Push The Gas Tax Holiday Scheme says:
    May 9, 2008 at 6:58 am

    [...] The thing is, you expect that kind of economic ignorance from Democrats, especially Democrats who’ve built their career on pandering with phony populism the way Hillary Clinton has. Republicans are supposed to be the guys who actually listen to economists, but here we’ve got John Boehner, who’s supposed to be one of the new breed of Republicans in the House signing on to an idea that won’t help the average American one bit and is unlikely to have any impact on the price of gas at the pump. [...]

  17. Below The Beltway » Blog Archive » John McCain’s Really Bad Idea Makes A Comeback says:
    June 9, 2008 at 3:25 pm

    [...] I noted more than once —- see here, here, here, here, and here —- the absurdity of the idea that suspending an 18-cent per gallon for [...]

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