Tuesday, April 15, 2008

"Poly-Tics" As Usual

I think famous entertainer and former Texas Gubernatorial Candidate Kinky Friedman, hit the nail on the head. In a March 31 interview on the O'Rielly Factor he said; "It's politics, Bill. Poly, more than one, tics, blood sucking parasites. That's what politics is." Politicians will say absolutely anything, without any regard for whether or not what they have said is based upon any fact or truth. Especially with so much 24 hour news media today, the stories of the Presidential Candidates "Mis-speaking" and other blunders get plenty of coverage. Let's face it though, we have become indifferent to it. I think we have even come to expect it. The Clinton's(I could almost just end it here), Barack Obama, and John McCain, are full of bull! McCain today urged Congress to legislate a "gas-tax holiday" by suspending the 18.4 cent federal gas tax from Memorial Day to Labor Day. Estimates put the loss of tax revenue to the Federal Government at 10 Billion Dollars. Revenue from that tax, funds highway repairs and construction in all over the U.S. To be fair, McCain also proposed to stop adding to the Strategic Petroleum Reserve. Look, I certainly do not hold an advanced degree in economics, but even I can see the forest through the trees. For the approximately 20 cents you would save on a gallon of gas, we have to examine what we would lose. I mean the 10 Billion for the highways have to come from some where right? What about the construction jobs lost if we suspend highway repairs? What happens to the condition of our highway infrastructure? What happens after Labor Day; do we all stop driving? What tax would have to be raised to make up for the revenue lost? These are all good questions that will go unanswered because McCain's plan is not the long term solution we need to fix the issue of runaway fuel costs. I am all for lower taxes, but they have to make sense, be a result of spending cuts, and last for more than one summer Senator. His plan is just an empty election year promise meant to show that he is concerned about the plight of the common man. But then again, that's just what we have come to expect.

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