More Than 230 Economists Release Letter Opposing Clinton Gas Tax Plan

Washington Post:

Hillary Rodham Clinton said Sunday she'll have no truck with economists telling her where to put her gas-tax holiday.

Well, now she's got a truckload of them.

More than 230 economists -- Democrats, Republicans, advisers to past presidents and four Nobel laureates -- signed a letter today opposing proposals by Clinton and presumptive Republican presidential nominee John McCain to suspend the 18-cent federal gas tax for the summer driving season.

"First, research shows that waiving the gas tax would generate major profits for oil companies rather than significantly lowering prices for consumers," they wrote. "Second, it would encourage people to keep buying costly imported oil and do nothing to encourage conservation. Third, a tax holiday would provide very little relief to families feeling squeezed."

Read the whole story: Washington Post

Comments

[drkazmd65]

Apparently,... all 230 of them are nothing but a bunch of elitists!

Even the ones that used to work for her husband's administration,...

[JamieStarr]

Darn, elitists.

Just listen to Hillary. She stayed at a Holiday Inn Express last night.

[jupitor]

Come on people, this isn't the worse of it. Clinton broke our international law: Chapter 1, article II of the United Nation Charter------By threatening to Obliverate Iran! This is seriouse folks! The United Nations should be screaming as well as the Demacrate Party. She should be brought up on charges and should be throwen out of the election. Go to www.The dailybanter.com and read all about it, and pass it on! Along with 230 economist who say her tax gas Holliday is a joke, she shouldn't even be in this election for president.