It’s pretty funny that this reporter for the Huffington Post tried contacting all kinds of different experts to find anyone who would say the gas holiday proposed by McCain and Clinton is a good idea. He got no takers!
Over the past several days, some of the nation’s leading economic and political pundits have weighed in critically on the proposal of both Sens. Hillary Clinton and John McCain to institute a gas tax holiday this summer.
Frankly, you only need to understand Economics 101′s fundamental concept, supply and demand, to understand why the gas holiday won’t do anything constructive. And you just have to do the math to figure out how little extra money you might possibly have in your pocket, anyway, to realize that the benefits promised to consumers are minimal.
But if you understand American Politicians 101 even a little, it’s easy to see why McCain and Clinton have proposed this plan. It’s politics as usual.
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