Krauthammer today on gasoline prices. The absolute last thing we need is for politicians to get involved with pricing of anything, much less something as basic as fuel. Since Frist is going to run for President, he’s decided we need a one hundred dollar check from the gov’t to pay for a tank of gasoline. And the Dems want to suspend the Federal tax portion of a gallon of gas.
Now, let me ask myself something. Self, are you going to drive less if the gov’t “gives” you back less than 1/3 of 1 percent of the total tax amount they took from you last year? Hmm. Well, no, but I can use it to drive MORE! Yeehaa. I get an extra tank of gas free! Of course, next year I’ll have to pay back the $100 plus pay for, oh, let’s say, four tanks of gas for someone else.
It’s a supply/demand thing. Didn’t anyone pay attention in school? As Krauthammer notes:
Sure enough, months later these perfectly pointless investigations discounted charges of price gouging and attributed the price hike to….increased demand and decreased supply.
Exactly what does the Shrub think? Well, maybe it’ll increase my approval ratings from 27% to 27.5%! Oh, yeah, Cheney, we have to do something to protect consumers from……..themselves, perhaps???
Speaking of the Shrub, Letterman had a video montage last night of great presidential speeches that cracked me up. He had Roosevelt saying “the only thing we have to fear is fear itself”, JFK saying “ask not what your country can do for you; ask what you can do for your country”, followed by the Shrubs great saying “where’s the rally monkey”. I personally think he should have used this classic Shrub line: “Too many good docs are getting out of the business. Too many OB-GYNs aren’t able to practice their love with women all across this country.”