I got it wrong yesterday when I said, based off a radio report, that twelve Nobel winners had signed a letter saying the gas tax holiday was a bad idea. Actually, it was only four Nobel winners. And 280 other professional economists. I haven’t found the letter yet from Nobel winners saying it’s a good idea.
It astounds me that someone running as a conservative and a straight talker, the guy who told the auto workers that their jobs weren’t coming back, would propose this. I think that was fairly brilliant on McCain’s part actually, but don’t we deserve more than politics aimed at taking advantage of desperate people and pitching to the lowest common denominator? Like I say, give relief to people who have families and low to middle income through some intelligent means, not an eighteen cents discount on gas that will mostly just get absorbed by the oil companies in higher profits.