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Showing posts with the label economy

Gas tax takes a holiday?

Let's look at this proposed temporary gas tax holiday recommended by Sen. Hillary Clinton and Sen. John McCain - opposed by Sen. Barack Obama . Now, I have to tell you, for the past couple of days I've been siding with Obama on this one. I did the math to determine exactly how much I would save over the course of 12 weeks (I guessed - I didn't bother to check how long is actually is from Memorial Day to Labor Day) if they suspended the 18 cent/gallon federal gas tax. In that situation, Obama was right. For the average Joe, the direct savings would be pretty insignificant. For me, my savings would be something around $40 or so - total. I'd save 40 bucks over the course of the whole summer. Big deal........right? It's just a feel-good gimmick. Well, no. That's not the big deal - and I haven't heard Clinton or McCain mention it either. The big direct impact that gas tax holiday would make would be in the transportation industry. All along we've been tal...

Oh, how could you?

Some who know me are questioning how I - a once-avowed Conservative (although I have since disavowed any labeling of myself, as I have found it to be far too limiting) - can support Barack Obama in this election, especially as he has been identified as one of the farthest-Left members of Congress. Different periods in history have different priorities and of course, different circumstances. Who is the right man or woman for the job depends on the time in history. It is my belief that this particular time in history needs to see a beginning to healing of the racial divisions in this country. Granted, there are several of his positions politically that I don't necessarily agree with, but I can live with that for several reasons. On the war: Public opinion so staunchly against the war that continuation of it, regardless of outcome, will be met with protests of growing vehemence from the public. The only option at this point, for an incoming president, would be to either pull out the t...