Its all in your head, the economy is fine, stop worrying. Sound familiar? And what’s with the smiling at inappropriate moments?
McCain: Economic Problems “Psychological”, Proposes Break in Gas Taxes for Summer
By McCullough Sunday April 20, 2008
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He’s right, it’s fucking crazy!
He’s cracking.
I think it’s a fine idea, and McCain is right. Economies grow on confidence, and the more of that the better.
He looks like he is on some weird drugs…he is a really old guy after all
#3 – Brandon – Economies grow on confidence, and the more of that the better.
I guess that’s true, but confidence doesn’t grow in a polluted environment…
What an idiot! He would be a fine replacement for Bush. We’re paying $2 a gallon more than we should be and he thinks $.20 or $.30 cents is going to make a difference. If that does happen then what about the programs that rely on that tax to run? Maybe they could build more toll roads to compensate for the loss in tax revenues? Oh, but wait, who’ll pay the tolls on these new roads and I wonder who will own them? Gee, maybe China will do us a favor and finance them if they have any money left from buying our debt. Another fine example of intelligence from the Reboobplican party.
What the hell has happened to Ron Paul?! Not perfect, but better than what we have now to choose from now. Thanks to Rev. Wright for screwing up Obama’s chances.
It’s not 1992 again when the media can beat down the economy until right after the election, then everything is fine . . .
How come supposed “fiscal conservatives” can do these HUGE UNFUNDED GIVE-AWAYS but we “tax and spend liberals” must find funding for our programs?
http://tinyurl.com/25koqp (Two Santa Claus Theory)
he really needs to understand the problems of the working class. we aren’t all senators, mr. mccain and 4 dollars for gas is not “pyschological”, its ridiculous
Actually, we should be paying $2.00 more right now to encourage the growth of renewable supplies/technology/infrastructure==before it all goes away. That would stimulate the economy. Certain folks would definitately get hurt==but that’s better than everybody. Maybe put the rise on a schedule so folks could plan reasonably=====NOT LIKE THAT SHOULD NOT HAVE HAPPENED IN 1977 GAS CRUNCH.
fucking politicians.
#11
First of all bobbo you’re wrong again. “Encouragement” taxes never work, look it up. Removing even more liquidity from the economy via even higher prices for fuel would just pinch the credit problem further.
Second, there is no oil shortage (yes it will run out eventually, eventually hasn’t arrived yet), never has been. There has been price/supply collusion but thats different. You like to pick and choose the bullshit don’t ya.
Fucking bobbos.
#8 gregallen, Great post. Very interesting in how it explains why our political talking heads take the positions they do. Thanks!
“A little psychological boost… It’s not a huge amount of money.”
Gee, would a smile be inappropriate?
I think we can get more mileage criticizing the knot in his tie. I know… November’s coming and we’ve got to do something here.
RBG
#10 – bobbo – Actually, we should be paying $2.00 more right now to encourage the growth of renewable supplies/technology/infrastructure==before it all goes away. That would stimulate the economy.
I agree. Swallow the bitter pill and get going.
Amazing!
The economy has been fueled by interest-only mortgage equity loans and we have a presidential candidate who thinks our economy is real.
Cute!
This is a guy who has been living in Washington D.C. for 20 years. As McCain says, Washington is part of the problem. He’s been living in Washington D.C. a long time and he’s part of the problem as well …
… illustrated perfectly by this myopic bullshit coming out of his mouth.
#11–Pirate==I admire your one-eyed gusto for the free market but the “cost” of gasoline is artificially maintained as “low” which results in overusage of the resource.
Why low?==because the oil industry/car/gas model gets to pollute for free while benefitting from tax supported road structures==all to the detriment of everybody that breathes air or would like to see trains better integrated in our society.
Get over it===everything is regulated, either obviously or less obviously but never for the long term benefit of the majority.
$4.00 tax now to be phased in over next 8 years. Proceeds to repair infrastructure and provide seed money for replacement technology. Gas left in ground for future generations.
The USA borrows 2 billion a day. 1 million a min.
Now McCain wants to cut gas taxes.
When is the USA going to wake up and pay what they owe.
The dollar is the stock of the USA and it is going down and will keep going down, until the USA starts paying down it’s debt.
#16
Bzzt … FAIL
You wanted 2 now its 4, what is it tomorrow? 6? 8? The cost of gas is kept artificially low? Yeah those record oil company profits are artificial. Kind of like most your opinions, artificially supercalifragilistic expialidocious.
Since you missed it in your point two, I’ll remind you. Currently there is an 18.4 cent per gallon federal tax on gas/fuels. The states add their own tax also. So the oil industry/car/gas model all ready pay for infrastructure thru the federal (and most state) highway program(s), which btw used to be chaired (maybe still is, I didnt check) by Sen Robert Byrd (D WV) West Virginia has some pretty nice roads, but thats just politics right? I guarantee that if a 2/4 dollar tax is added 535 congress critters will find ‘alternative’ ways to spend it, and it won’t be on alt fuel research. Crickey!
Get over it? Ahh yes an excellent song by the Eagles. Anyone else think John Dvorak looks at times like Don Henley? Oh and to squash your point three, getting over it solves nothing, much like over regulation which if we check history comes usually from over funding and, wait for it… SOLVES NOTHING.
Pretend that eye on the back of the 1 dollar bill is mine. Are you feeling the gusto yet?
Tax on gas in other countries,
ranges from about 40-60%..
In the USA, they CLAIM, that they are taking about $0.70 per gallon. Thats State and Federal.
If they drop THAT, where are they going to TAKE it back??
#19
Are these other countries with 40-60% taxes on gas leading the world in alternative fuel research? Yeah, uh-huh – next.
*bobbo
Ok, I’ll give ya the train thing, good luck 🙂
McCain wanting to drop the tax so maybe “they’ll buy something else” is talking head political bullshit some would like to pretend will happen. Pop! Sorry to burst your bubble, ain’t gonna happen.
manchurian candidate
While the “next woman president of our nightmares” and “the first Negro president would fix everything old white man broke” bicker amongst themselves, and try to bowl down kingpins, showing what complete fools they are, McCain presents something practical. It’s a cold day’s jump start to bigger fixes. First give the gas tax a holiday, then extend it’s holiday, then give other taxes holidays, before long, we have so many taxes on holiday, we find that the holiday industry is BOOMING, and millions of jobs are created to service vacationing taxes.
Economic problems have been psychological for over a decade. Polls have shown a split in the view of the economy based on political party, going back to Clinton vs Dole.
I trust John McCain who admits he doesn’t know much about economics much more than tax raisers Hillary and Obama. In the last debate Obama said he would raise taxes even though he knows it will collect less money for the government.
@MikeN – “Economic problems have been psychological for over a decade.”
It can compose an aspect of economic downturn. Oddly enough, 1992, 2000, 2004, 2008 were all years with a lot of recession talk/feeling (although in 2000 it was more dot-com bubble burst concern). So it can be partially that people feel more economically crappy in an election year.
But that aside, between the mortgage industry and possibly the effects of so many mergers and with giant inefficient unionized companies like Ford and GM losing $40 billion per quarter plus the fact that everything in Walmart is made in China and the fact the dollar has been steeply declining and gas has been steeply increasing.
Are those problems psychological?
I’m not into political statements/posturing but some of the things going on in the economy seem to me to be very deep-rooted issues that additional tax cuts can’t solve.
/I concur that the government is an enormously wasteful bureaucracy, but that doesn’t mean there isn’t a true and serious problem with the economy. We don’t export anything anyone wants to buy, including ourselves — we don’t even buy our own products. Big problem.
McCain – More of the SAME “MISERABLE FAILUE” AS BUSH !!! Tax Cuts for the RICH, MISERY FOR THE REST OF US !!!
gas companies know about how much per gallon they can charge without tanking the US economy and that why the charge what they are charging.
if the fed introduced a tax break on gasoline do you really think for one second that the gas companies aren’t simply going to raise their prices to fill the gap and pocket the difference?
if you do, you are completely stupid.
If this Manchurian Candidate thinks that he can win in November with statements like this, he is sorely mistaken.
I don’t remember much recession talk in 2000, even though the recession had already started by then. In 2004, things were going pretty well in terms of unemployment and trends, but the dollar drop of Bernanke hadn’t taken full effect yet.
No those problems aren’t psychological, but my point is that there is an effect on one’s view of the economy based on political party. This probably has something to do with the fact that a real economic crisis hasn’t hit for most people. Few people remember the Depression, much less World War II. Even the number of voters that remember Jimmy Carter’s gas lines is a minority.
#18–Pirate==yea!! Hard to get a right wing conservative to do more than poop and run. As a fiscal conservative, and social liberal, lets see what we have? Political wingnuts of both flavors invited to join.
You say point by point where relevant:
1. You wanted 2 now its 4, what is it tomorrow? 6? 8? /// Of course. That’s inflation. That assumes that market forces driven by cheaper green alternatives don’t drive the cost down. But that’s too optimistic to plan for. Saw a crap film last week but the intro was good. End of the world comes when we simply run out of gas—and while doing so, General Motors is still making SVU’s. How could such a crappy film have such a good premise?
2. The cost of gas is kept artificially low? /// Yep, that’s accounting. You can make it any cost you wish.
3. Yeah those record oil company profits are artificial. /// Weak on economics, I guess a pirate would be, but even what you steal has a cost–like ship and crew and lost opportunities.
4. Since you missed it in your point two, I’ll remind you. Currently there is an 18.4 cent per gallon federal tax on gas/fuels. The states add their own tax also. So the oil industry/car/gas model all ready pay for infrastructure thru the federal (and most state) highway program(s), //// again, economics and accounting as well as tax policy, social policy, general philosophy. Coal companies now have to pay for remediation of the holes in the ground/mountain tops they remove after getting the coal out. Does Big Oil clean up the air?==No. Do they provide medical care for those injured on the road?==No. Do they have an amortization fund for the fuel to replace gas?==No. Then go to social policy. Do we want to intentionally structure our society to be dependent on the Middle East? If not, what are you going to do? Hmmmm?
5. I guarantee that if a 2/4 dollar tax is added 535 congress critters will find ‘alternative’ ways to spend it, and it won’t be on alt fuel research. Crickey! /// Congrats. You get the neo-con dipshit award. Justifying bad government policy by advocating bad government policy–or at least not seeing any other response except bad government policy. That’s the truth of what goes as a joke today. The libs want more government in a misguided effort to help people, and rethugnicks a la one of the worst presidents ever–Raygun–says government is the problem and then proves it.
6. Oh and to squash your point three, getting over it solves nothing, much like over regulation which if we check history comes usually from over funding and, wait for it… SOLVES NOTHING. /// Well, there you go again. See point 5 above. As bad as Regan was though, Bushieboy has surely outdone him. How many institutional failures including the current sub-prime housing loans is caused by removal of regulations or as with the border failure to enforce what regulations there are???
7. Pretend that eye on the back of the 1 dollar bill is mine. Are you feeling the gusto yet? /// I think you about have it, what with the eye looking like a full open sphincter.
Lol, ok bobbo I’m done spanking your ass. Say what you like, think what you will. Your ignorance continues to shroud your mind in self-delusional importance. You should bottle that hot air and alert the authorities that you have solved global warming.
I grow weary of your pointless argument and childish innuendo, please don’t reproduce.