Thursday, May 1, 2008

The Gas-Guzzler Gambit

NY Times
May 1, 2008
Editorial

This article comments on the problems that will come with the proposed tax suspension on gasoline this summer. From Memorial Day to Labor Day, the two have proposed that the nation suspend the excise tax. This suspension would save the citizens about 18 cents per gallon on the continually increasing gas prices. This would cost the government over 9 billion dollars and increase an already huge budget deficit. The author explains that this would cause a huge demand increase on gas and hence increase one of teh causes of global warming. Also, the author explains that Bush isnt doing anything to solve the problem, and believes Obama is in the right, by not trying to go in either direction on the issue. Overall, the price of gas wont even go down with this new policy. I dont really agree with this persons article. I think what the candidates are doing is good in that they are at least looking for a solution to the problem. The author doesnt give any suggestions as to how to handle this issue, and just shoots down everyone elses ideas.

2 comments:

Marissa Mederos said...

I read this article too and I thought it was very informative. I disagree though, I don't think taking away the tax will help our economy but rather put us in more debt.

Elizabeth Barker said...

It sounds like this article would have been a lot more effective if the author would have proposed solutions to the problem. By just bashing other peoples suggestions nothing is being accomplished.