What can be done about the gas prices? In the short term, not much. The biggest action that will help the most is something that we lazy and greedy Americans do not want to face--conservation which is directly related to mandating car companies greatly increase fuel efficiencies. That is something that the car companies can very much accomplish. Who is the candidate proposing this? Barack Obama.The next most helpful measure would be to put more money in the hands of American consumers and that demands keeping good paying jobs here in America instead of being outsourced over-seas. Who is in favor of keeping those jobs here through free but just as importantly combined with fair trade? Which candidate wants to greatly invest in a new, green collar economy that will help increase jobs and help bring down oil prices and ween ourselves off fossil fuels in the long term? Barack Obama.
Another way to put more money back in the consumers hands is to repeal the Bush tax cuts that help the rich and hurt the middle-class that built and has sustained American growth in all industries. Which candidate supports repealing those tax cuts to help the middle-class? Barack Obama. John McCain at one time supported repealing those tax cuts but has unfortunately since sold out to big business interests and is now supporting making the Bush tax cuts to the rich permanent. Plus getting out of Iraq would greatly help our economy that is in serious trouble. The money that we are wasting in that war could be used to invest more in the green economy to create more jobs.
Sticking big oil with a windfall profits tax is another way to help decrease gas prices if the income reclaimed from these companies is used to invest in cleaner energy. Which candidate is willing to do that? You guessed it, Barack Obama. He would also use that money to give rebates back to the American people to help pay for high priced groceries and heating costs which would help take the sting out of gas prices. Another consequence of the Bush/McCain tax cuts for the wealthy and big corporations who make obscene amounts of money like the big oil companies is that it increases the national debt.
What is John McCain's big answer for high gas prices? A gimmick. The so-called "gas tax holiday" which actually would cause more problems for the consumer than benefits as it would take money away from summer infrastructure repairs. Remember the Minneapolis bridge collapse? Doing so would put more workers out of a job during the duration of the "holiday." And how to pay for it? John McCain would use the federal treasury which will only add to the national deficit and a majority of Americans understand it to be political pandering and a bad idea.
Hell, even Dick Cheney thinks the gas tax holiday is a bad idea!! Plus, the tax would merely increase recreational fuel consumption which will push up demand and in turn increase gas prices!!
No wonder John McCain says he doesn't know much about the economy--it shows.
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3 comments:
Don't know if you've seen those gas/oil industry ads on TV lately, talking about how the answer to rising prices is simply to drill here in the U.S. They cloak it with the message of decreasing our dependence on foreign oil.
Short-term answer to a long-term problem. What we need is alternative energy, but the gas/oil companies just want to keep drilling and pumping because it's all their tiny brains can handle.
Mitt Romney *shudder* was on TV recently downplaying alternative energy, saying it's all fine and well but what we need to do know if open up every last remaining preserve in the U.S. to drilling, by God.
They simply don't get it!
Oh they get it Riverwolf. They get that now is the time to squeeze every last dime out of the sludge. They all know we are gonna run out, so why not make the most of it? Scumbags...
Riverwolf:
I have seen those misleading ads. You're right. The oil lobby is so powerful and influential, at least in this current White House.
I'm hoping that an Obama administration would really work hard to push environmentally friendly energy.
Mitt Romney reminds me of the Ken doll from Barbie. He should look to find oil in that perfect hair of his first.
T&A:
They don't care about anyone but themselves. They'll be find if we hit a depression, they have all the money. Just like all those fat cats who did just find during the Great Depression. Fuckers!!!
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