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Gas taxes and head games

John McCain, on Tuesday:

“I propose that the federal government suspend all taxes on gasoline now paid by the American people — from Memorial Day to Labor Day of this year. The effect will be an immediate economic stimulus…. [B]ecause the cost of gas affects the price of food, packaging, and just about everything else, these immediate steps will help to spread relief across the American economy.”

John McCain, on Thursday:

“I think psychologically, a lot of our problems today are psychological — confidence, trust, uncertainty about our economic future, ability to keep our own home. [A gas-tax holiday] might give ‘em a little psychological boost. Let’s have some straight talk: it’s not a huge amount of money…. A little psychological boost. That’s what I think [a gas-tax holiday] would help.”

So, which is it, a seasonal tax cut that will serve as “an immediate economic stimulus,” or a gimmick to alleviate our “psychological” problems?




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121 Responses for “Gas taxes and head games”
1
Clark Barr Says:

That’s right, John Be as stupid as my biblethumping aunt who keeps telling me when Jesus comes back, he’ll make all the oil we need…

2
Bugs Says:

What a tired gasbag. As if cutting the gas tax won’t encourage folks to drive more and conserve less. Thanks Mr. freakin’ “global warming.”

3
Terrible Says:

I’ve no doubt that most of mccain problems ARE psychological. And that the rest are ethical.

So, the $60 it takes to fill my gas tank is merely “psychological”. I’m glad Mc100yearwar cleared up our nation’s failing economy.

5
pharoute Says:

If anyone believes gas prices will fall if we get rid of the gas tax, call me, I have a lovely bridge I need to sell…

6
Orangutan. Says:

John McCain = awful.

7
g Says:

So americans are have psychological problems? How elitist! I’m outraged! Where’s the press coverage?

Orangutan. @ 6:

John McCain = awful.

and indefensible.

This will cause more problems than it’ll cure remember those pics of mud roads and rickity bridges?? what does the gas tax do-helps pay for infrastructure what a tool

10
marko Says:

alleviate our “psychological” problems?

legalize pot you fascist and we will all feel better

11
Required Says:

More nickels and dimes for the people while the looting of the treasury continues. Will have even less of an impact then the token ‘rebates’ we’ll all be receiving soon…

Face it, it’s simply our small share of the blood money, so we can’t say then never gave some to us.

12
David Hawes Says:

Crumbs for the common folk. Thanks so much Johnny.

13
bullfrog Says:

mr. benen,

sorry for going slightly o.t., but we’ve really gotta hurry up and get this dem nomination wrapped up so we can all get after diapers mccain.

i just wanted to point out that if hillary clinton gets the nomination, americans may as well write in “the exhumed corpse of hubert humphrey” on their ballots.

both will get about the same amount accomplished on behalf of ordinary americans.

14
Doug Says:

Is the media going to ask McCain how he proposes to make up the shortfall in road repair when he suspends the gas tax? Or will they just give this senile fool another pass?

15
Cat Atomic Says:

“Psychological boost”, aka “pandering with tax money”.

16
Flowery Says:

How about we suspend all profits to the oil companies during those months?

17
Larry David Says:

If your a fat rich bastard it’s “psychological” if your a normal working class American it’s as real as it gets. Big F.U. to you Mr Straight Talk nothing man.

18
lactose intolerant Says:

McCain’s plan is stupid.

The only thing that will slow down the speculation-driven price-gauging is releasing oil from the Strategic Petroleum Reserve. A few Senators are pushing for that, Collins and Clinton among them. However, since Cheney controls the reserve, I think we are all screwed.

19
Cat Atomic Says:

Doug @ 14:

Is the media going to ask McCain how he proposes to make up the shortfall in road repair when he suspends the gas tax? Or will they just give this senile fool another pass?

He’ll respond with the “Hit a Pothole, Get a Free Cookie” program. It won’t actually fix anything, but it might make you feel happy for a moment. Yum, cookies!

20
Zog The Obvious Says:

Bugs wrote:

What a tired gasbag. As if cutting the gas tax won’t encourage folks to drive more and conserve less. Thanks Mr. freakin’ “global warming.”

Yup, and not only that… if folks DO drive more and conserve less; thus turning his “solution” into part of the problem, what do you think those Saudi fuckheads will do?

Hint: If people drive more, gas prices go __.

21
Jimmi the Grey Says:

Watch as the oil companies ‘absorb’ the difference and we see little (less than the 18.4 cents per gallon tax) to no change in pricing. It’ll just eliminate the middleman and deliver that tax revenue directly to the oil companies, increasing there already ‘windfall’ profits.

Great Idea there Mr. McCain. Didn’t they teach you that crime requires subtlety?

22
Ron Says:

If anyone does the math on this, they will see that it won’t do a damn bit of good.

23
♣Bangkok Bob♠ Says:

The words Psychological and John McCain will probably be mentioned thousands of time between now and the November Election.

As Doug mentioned above, America’s Roads are in terrible shape. Last year when i was there for my visit I was surprised that the roads here in Thailand and even many in Laos are far better. So America has been brought down to the level of an Emerging Country.

George bush should and his group should be held accountable for the shoddy, inept job they have done with America. America, as a Corporation, is bankrupt, both morally and financially.

And now McCain is showing us that while he acted bravely for his country in time of war, he is just a stupid as George bush. And just as dangerous to the future.

24
Apples Says:

Why are these people always so fixated on what the public perceives, and never what *is*? This attitude runs through all of the neocons’ thinking.

Perception is NOT reality. REALITY is reality– and it will intrude upon your happy fantasies every time.

25
Limp-Dick Blimpaugh Says:

Everything Reslugs say or do is a total gimmick or straight out LIE to hurt the American people.

26
Sporty Says:

What,, the roads are not already in bad enough shape for you? This is another thing Bush has in his bag of tricks. He cuts funds to domestic program like the roads , public parks and resources so his can say they need improvements and we can’t afford it, so again it will be contracted not only to private corporations but “FOREIGN COUNTRIES” , and we will be paying a “toll” to drive on our roads, and lose the ability to see and visit our own parks. Lots of public land was donated by people so the American citizens go have a place to “always” visit and enjoy. It was also donated so the wildlife could be protected and now Bush has opened in up to loggers and other private corporations and sold to foreign countries at the expense of our nation. Just how in the h… is dumb enough to believe that if private corporations and foeign countries can take our public land and make a profit and killing on it use that we can’t handle managing it because we do not need a profit , just to break even..
We see what corporations do with their control and “self” policing of their actions by the cost of products they sell to the American citizens like “gas” , “food” , electric and other products and lets not forget this housing disaster which has forced many thousands of Americans to lose their homes.
Corporations are responsible for our recession , with their outsourcing of our jobs and manufacturing plants , going into partners with foreign countries for cheaper wages (while laying out U.S. employees ), their tax exemptions by going off shore , no pollution standards overseas and no quality control on the products they sell back to Americans with their partners in crime overseas.
China has been a good example of the lack of control and concern to what happens to the American citizens for a greater profit.

27
Frank Dufek Says:

Here’s a solution to the “problem”:

Stop pretending it’s a problem. Our economy is nice and low just where Bush wanted it. Wait for the “terrorist attack” then comes the Iran invasion then comes martial law. Don’t be fooled.

28
Ron Says:

4 Dr. Biitter Hussein Matt Says: So, the $60 it takes to fill my gas tank is merely “psychological”. I’m glad Mc100yearwar cleared up our nation’s failing economy.

Gee, with the savings on the gas tax you won’t have enough to even buy an extra gallon of gas.

29
Frank Dufek Says:

g @ 7:

So americans are have psychological problems? How elitist! I’m outraged! Where’s the press coverage?

I guess you’re assuming we have an impartial press.

30
vonrking Says:

Yeah, people losing their houses is just “psychological” isn’t it St. McCain

31
Optisizer Says:

What the fuck does he think running a country entails? You can’t just tinker a little with that and mess a bit with this just to make a few new friends or just because you’re afraid to look the truth in its eyes and do what need to be done long term.
But he’s right about one thing, America is in a psychological crisis. After the current fascists somehow managed to make most Americans and their aunts believe they were all big swinging dicks, macho cowboys the truth is about to emerge for most. They are not big swinging dick, macho cowboys, just regular Joes that allowed themselves to get totally duped by the fascists.
What mcGain is trying to do is to play on this. His entire presidency infact depends on whether most Americans will go through the messy procedure of altering their entire belief system and view of who they are, which they all know they really need to. Or cling to their current world views for another 4-8 years, as the easy way out in the short term.
That is why mcGain is offering these easy way out short term presents, the way he does.
What does he really care about Americas future. He can ego-trip as a president for 4-8 year create whatever mess he wants, because he will most likely also be dead in another couple of years after that…

32
NoBuddy Says:

I’d like to hear an economist speak to the cost-effectiveness of the gas tax suspension. Me thinks that prices are set by supply/demand, and elimination of the gas tax would increase demand. So, the result would be less than an 18 cent reduction per gallon, a result that would be less than the cost.

Now, compare that to Bush’s $600 rebate per tax payer. It’s clear that they’re counting on the multiplier effect to create a larger economic effect than the money being spent on the rebates. At times, stimuluses such as this makes sense, but this time I see excessive debt being the problem, and further federal borrowing to ease the symptoms of excessive borrowing only digs the hole deeper, I think. As we can see, the weakened dollar is largely responsible for the huge gas increases. Other countries have seen increases due to the actual cost increases, but not the additional impact of currency devaluation caused by fiscal irresponsibility. When Bush took office, the 1 euro cost $.96, now 1 euro costs north of $1.50. No wonder that there is a push to switch from dollars to euros for oil purchases. No one wants to hold the currency of a country with banana republic fiscal policies.

So, McCain’s economic sense seems wanting. On Middle Eastern issues, he can’t seem to differentiate between Shiite and Sunni, leaving details like these to his neocon handlers, the same crowd that got us into Iraq. And the gasoline prices have shot up ever since the Iraq war, caused in part by Middle East instability, and in part due to currency devaluation caused by excessive borrowing to finance, among other things, the war in Iraq.

So McCain wants a tax suspension to deal with the symptoms caused by the policies he has endorsed. Maybe the real answer is to deal with the underlying root causes, namely borrow and spend economics, and the war in Iraq.

33
Sporty Says:

The problem is we have to outsource people like Bush , McCain , Cheney , Rumsfeld , Rove , Rush , Rice , Powell , Attorney general , Reid , Pelosi and others that like to vote for the war in Iraq (Iran, Syria), given the war contractors more of our tax funds for their folly in Iraq , Illegally paying mercenary armies like Blackwater and on top of that they receive better armor and equipment and 10 times the salary as our soldiers .

34
chris Says:

What he’s saying is Americans are dumb, they think the government controls the economy and if we give em a tax break they will think the government has done something and confidence will go back up……

35
McCain the Liar Says:

Lets cut money to fix those roads bridges that are falling apart.

McCain is an idiot.

36
henry wallace Says:

Americas problems are purely psychological…..brainwashed Republicans.

37
Doug Says:

NEWS UPDATE:
McCain has just finished his plans for repairing the nation’s roads. Everyone marry a rich woman and have her hire a bunch of Mexicans to fix the roads for cheap. McCain decided to shelve his suggestion that we develop a car engine that runs on the tears of children until he is in office.

38
miss_kitty Says:

If I have psychological problems, I would like to see a doctor about that.

39
r Says:

Why don’t we suspend the Iraq war for three months and save 30 billion dollars?

I love the presidential nominee of the republican free marketeers wanting to get involved in gas pricing.

40
Vast Left Says:

News from the Near Future…

McCain’s solution to gun violence: free bullets!

41
GB Says:

I proposed we nationalize the oil industry because those f#ckers have been raping the American people.

42
Roket Says:

Don’t forget that McFiscallyIrresponsible has already confessed that he doesn’t know much about the economy. This should be no surprise to anyone. Also note that this is only a simple suggestion. He doesn’t have the power, as a lowly Senator, to implement such a gas holiday on his own. It’s pure and simple empty rhetoric. All talk, no can do.

43
Che’s Lounge Says:

Imagine how much negative press this would have gotten if Obama or the Hill had said it.

44
John Kaye Says:

Psychological ? These clowns never cease to amaze me ! How out of touch and how far from the real world of the average American can he possibly be ? That’s the trouble with most of the rich , especially rich politicians , many born into power and wealth like King George , the truly elitist class who have never even had a taste of the life most all of us contend with every day , who have no contact or association with anyone lower or middle class , they truly don’t have a friggin clue and don’t give a damn regardless . Until people wise up ( fat chance ) and start voting for the benefit of the country instead of voting for the sleaze balls with the familiar name and for the pork they can bring home locally , the same assholes will keep getting re elected and this is what we get and will continue to get . I don’t know about you but my life is getting more and more difficult , every year gets worse and now it feels like I am in a slow tail spin and totally gone out of control ! Have not had a raise since 1991 , because they busted the union we now have zero clout and zero representation and to the owners and the ones who “have” , greed is now considered a virtue and the attitude is ” F those dime a dozen monkeys “! It’s mainly due to these soulless self serving political whores , the average everyday American citizen , the vast majority of us who have worked hard , played by the rules and formed the backbone of and built this country have been sold out , abandoned , and crapped on . The last thing we need now is another corporate , lobbyist and special interest whore President . Angry and Bitter ? Damn right I am .

45
oZer Says:

this is classic play now ~ pay later American thinking…and a great way to get the sheep to follow.

The significant problems we have cannot be solved at the same level of thinking with which we created them.
- Albert Einstein

46
Andrew Says:

John McCain…..“I propose that the federal government suspend all taxes on gasoline now paid by the American people — from Memorial Day to Labor Day of this year. The effect will be an immediate economic stimulus…. [B]ecause the cost of gas affects the price of food, packaging, and just about everything else, these immediate steps will help to spread relief across the American economy.”

You know what McCain? I propose that your proposition will do little by Memorial Day because by that time gas prices will be over $4 per gallon and many of us will have had to make the decision to either eat or get to work. I propose ending this idiotic war which is draining off 12 billion dollars per month and placing those funds into an energy trust so that our country can immediately begin an alternative Mahattan project, because we are in peak oil. We may have to cut back being necessat just to survive, but other countries like China and India will continue using the worlds precious resources.
Our government Senator McCain is worthless when it comes to foing the peoples business and the hand writing was on the wall back in the 70’s during our first oil crisis. we could have all the oil in the world, but without any new refineries having been built in the last 35 years, what good will it do you?
Yes, the great minds in D.C. and all of those billion dollar think tanks never realized that populations would grow as well as energy demands. Yet it made perfect sense to our elected officials to look the other way, while oil companies made ever increasing profits, with little on their part in finding alternatives, knowing that one day the welss would literally run dry.
Now Senator McCain, your band aid for the problem will do little other than win you a handful of votes from those still ignorant enough to believe in the Republican way of doing things. The Dem’s are no better. If we don’t demand the best that our country is known for, we will surely and up being just another banana republic and from the looks of it, we’re well on our way.

47
zugzug Says:

wow. pure genius. lower the prices on a commodity which is having a supply problem. That will work. *snark*

Not only does McBane not know anything about economics as he said, but he seems unable to have anyone explain it to him either. This is the worst idea I’ve heard in a long long time.

48
Kahn Says:

A few days ago I kept reading that Obama’s campaing would be done because voters don’t like to be psychoanalized (here’s one) http://www.washingtonpost.com/.....02665.html
I’m sure McSame’s little bit of ’straight talk’ will receive as much criticism in the media now…
…right?…

…any criticism from the MSM?…

49
Andrew Says:

I’d like to hear an economist speak to the cost-effectiveness of the gas tax suspension. Me thinks that prices are set by supply/demand, and elimination of the gas tax would increase demand. So, the result would be less than an 18 cent reduction per gallon, a result that would be less than the cost.

Now, compare that to Bush’s $600 rebate per tax payer. It’s clear that they’re counting on the multiplier effect to create a larger economic effect than the money being spent on the rebates. At times, stimuluses such as this makes sense, but this time I see excessive debt being the problem, and further federal borrowing to ease the symptoms of excessive borrowing only digs the hole deeper, I think. As we can see, the weakened dollar is largely responsible for the huge gas increases. Other countries have seen increases due to the actual cost increases, but not the additional impact of currency devaluation caused by fiscal irresponsibility. When Bush took office, the 1 euro cost $.96, now 1 euro costs north of $1.50. No wonder that there is a push to switch from dollars to euros for oil purchases. No one wants to hold the currency of a country with banana republic fiscal policies.

So, McCain’s economic sense seems wanting. On Middle Eastern issues, he can’t seem to differentiate between Shiite and Sunni, leaving details like these to his neocon handlers, the same crowd that got us into Iraq. And the gasoline prices have shot up ever since the Iraq war, caused in part by Middle East instability, and in part due to currency devaluation caused by excessive borrowing to finance, among other things, the war in Iraq.

So McCain wants a tax suspension to deal with the symptoms caused by the policies he has endorsed. Maybe the real answer is to deal with the underlying root causes, namely borrow and spend economics, and the war in Iraq.

Nobuddy……that’s an easy one. Deficit spending will get you knowhere other than bankrupt and I hate telling you this, but the US was officially delcared bankrupt back in 1933. If you don’t believe that statement, you can llok it up in the congressional record. In 1933, we went