Tuesday, April 29, 2008

McThuslelah's Big Gas Price Solution

Here's the skinny: John McCain is suggesting a gas "tax holiday" between Memorial Day and Labor Day - about 3 months - 13 weeks. I'll do the math for the extreme end of savings. 18.4 cents per gallon multiplied by a 15 gallon tank equals $2.76 per tankful. Assuming you fill up your tank weekly, multiply that by the 13 weeks between Memorial Day and Labor Day... that equals $35.88. For a 20 gallon tank, the total savings is $47.84. The savings for a 12 gallon tank is $28.70 or basically less than a tank of gas. Great solution, huh?

Yet McThuselah calls Barack Obama "out of touch" with what poorer, low-income people need because Obama rejects the idea of a tax holiday for two reasons: it does little to ease the strain on the pocketbooks of consumers and it would deplete the highway trust fund by $9 billion and would cost 300,000 highway construction jobs. The man who married a $100 million beer baron heiress - Mr. Campaign Finance Reform, who had been using his wife's private jet for campaigning through a loophole in the rules - thinks he's more in touch with the common folk.

Here's Obama telling the truth himself.




Obama: Half a tank of gas. That's [John McCain's] big solution...this is at the same time he is proposing hundreds of millions of dollars of more tax breaks for corporations and the wealthiest Americans...that's typical of how Washington works, there's a problem, everybody's upset about gas prices, let's find some short-term, quick fix so that we can say we did something, even though we're not really doing anything...and then we pretend like we did something. So I'm here to tell you the truth. We could suspend the gas taxes for six months, but that's not going to bring down gas prices long term...we have to go after the oil prices and look at their price gouging, we've got to go after windfall profits...and we have to stop using less oil, that means raising fuel efficiency standards on cars, and developing alternative fuels, that's the real honest answer to how we're gonna solve this problem, that's what you need from a president, someone who's gonna tell you the truth, who's gonna tell you not what you want to hear, but what you need to hear.

Who are you going to believe? John McCain or your lying eyes and shrinking wallet?

(H/T Bob Cesca)

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