Tuesday, May 06, 2008

Obama is Absolutely Right... About One Thing.

Senator Obama is shallow, arrogant, an elitist, uninformed, and worst of all an extreme liberal; however, he is intelligent, handsome, and a great speaker, and may very well be our next president. God help us.

Having held back in my description of him…, I must state he is positively correct about the so-called “gas-tax holiday”. Here’s why.

  1. It only amounts to $30 which is not going to make or break anyone.
  2. It will do nothing to decrease demand for gas over the summer months.
  3. It will delay much needed infrastructure repairs and construction.
  4. It is one of the few fair taxes we have. Those who use the roads should pay for them.

Even though at present the price of gas has little to do with supply, demand, or the price of oil, reduced demand will be beneficial in the long run. It is also not directly the fault of big oil companies. I say this even though I have little time for them: more later.

The federal government has no business in highway taxes or infrastructure development, but that is the way it is currently, so we have to live with it until we change it. This “holiday” is thoroughly self-destructive.

Be prepared for the future,

The Hammer

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