Sen. John McCain admits that he is ignorant of economic policy. This ignorance really came out in his recommendation for a summer holiday from Federal gasoline taxes (link to related Toledo Blade editorial), for the following reasons:
- The Feds should be discouraging gasoline usage, not encouraging it.
- Cheaper gas delays or eliminates the incentive to develop vehicles using renewable energy sources. It also delays or eliminates the incentive to build public transportation systems.
- Cheaper gas keeps us dependent on the Arabs, a definite national security issue (did I get your attention, Senator?)
- Reduced tax intake delays needed highway repairs and construction.
Senator, we need leadership, not pandering!
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