The NRCC Is Half Right!

The email starts “Dear Friend”: The National Republican Congressional Committee is concerned about the rising price of gasoline and urges you to sign a petition to tell Congress to:

Suspend the Federal 18.4-cents-per-gallon gasoline tax for the high-demand summer months. I think this is the wrong solution. New York suspends its sale tax once a year because it wants consumers to realize the savings and spend more money. Is that what the NRCC wants, to INCREASE demand and cause prices to go higher yet?

Suspend all earmarks for one year and use the money to fund highways, bridges and other important infrastructure around the country. I don’t know about this. Earmarks are a small part of the budget and many projects are infrastructure related.

Increase American oil production, and cut our reliance on foreign imports from unstable nations. Finally, something I can agree with. Really, why are we funding our enemies? Now, how about also cutting tariffs on Brazilian bio-fuels.

Allow U.S. refineries to expand and create more energy. Nobody wants a refinery in their backyard, but we haven’t built a new refinery in the U.S. for at least 30 years. If we don’t build more, we will be importing it and sending the money out of the country.

The NRCC is half pro U.S. economy and half pandering!

One Response to “The NRCC Is Half Right!”

  1. It’s hard to think in dynamic terms. Much easier to think in static terms. Cut the price—through a reduction in tax—and with a condition of “ceterus paribus” the consumer is saved!

    Much more difficult to think of dynamic market forces. So let’s ignore them!

    Nice post.

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