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Dems don’t think Gas Prices are High Enough Update: Discussed on Meet the Press

Posted by rightwinger on December 8, 2008

On Meet the Press Sunday Dec 7, Tom Brokaw asked Obama about taxing gas so that the price will be at $4 at the gas pump.  Listen at around 7:04 minutes:

This gas tax is coming folks.  It is just a matter of time.

Just when you thought you were getting a break at the gas pump guess what Obama and the libs have in store.  Well they want to raise the gas tax so gas prices will be at $3.50 a gallon.  Hold on to your wallets folks!

THE PRICE OF crude oil closed at $57.04 a barrel on Friday. That’s about $90 cheaper than it was in July. The average price of a gallon of regular gasoline Friday was $2.15, nearly $2 less than it was in July. This is definitely good news for the battered American consumer. But we fear that the temptation to return to gas-guzzling vehicles, to drive more and to forget the painful lessons learned last summer will be too great to resist.

In a perfect world, we’d like to see a gas tax that was the equivalent of oil at $100 per barrel. This would send a loud-and-clear signal to drivers to continue eschewing gas guzzlers for fuel sippers and mass transit. Automakers would get the message to speed up production of motor vehicles that meet or exceed the 35 miles per gallon by 2020 mandated by Congress last year. Instead of the money going to countries that have U.S. interests at heart in the same way a dealer cares about a junkie, the revenue would stay here — and it could all be returned to the American people in the form of tax rebates.

Read the article for yourself.

Now what did Obama say about this in his 60 minutes interview.  You guessed it he thinks this is a great idea!

Mr. Obama correctly warned that, as oil prices plummet from their July high, the nation can’t afford to “go from shock to trance” — can’t resume its old gas-guzzling ways. The “addiction,” he said, “has to be broken.” (Admittedly, Mr. Obama didn’t explicitly endorse our view that the best way to cure the addiction is to raise the gas tax, but we remain hopeful.) He spoke of finding a balance of financial regulation that “restore[s] a sense of trust” but doesn’t “crush the entrepreneurial spirit and risk-taking of American capitalism.”

Read the article for yourself.

Cross posted at Republican Revolution


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