Monday, May 05, 2008
Hillary supports suspension of the federal gas tax for the summer months. Economists (read that "elitists") have said that hypothetically the average driver might save about $28, but side effects would happen. With the price of a gallon of gas lowered, consumers might actually drive more and increase demand. This would lead oil companies to increase price. Lost revenue would appear as either a $8 billion deficit, or would reduce highway fund by $8 billion and eliminate lots of planned maintenance on highways. Less maintenance means less jobs, about 300,000 nationwide.
"I think a lot of people don't understand my plan," Clinton responded on CBS' "The Early Show." "I want to the oil companies to pay that $8 billion this summer instead of having the money come out of the pockets of consumers and drivers."
Can you imagine Congress passing a bill that hits oil companies for $8 billon? No way would that get through congress. You think Pres Bush would sign that into law? no way. She knows even if Congress passes it (which is an almost impossible probability) that Bush would veto it, and the Dem's obviously do not have the numbers to override his veto.
Hillary says Obama's opposition is just another example of him listening to elitists and not listening to the people. Sen. Clinton will say anything for a vote, no matter how stupid or pointless. Has she introduced legislation for her plan? Just empty talk, more spin on Obama being an elitist - all spin and no substance. And its working: Obama's lead in NC is dropping, he is behind in Indiana. Again, this is a train wreck happening and no one seems to be able to stop it.
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