I’m intrigued by Brandon’s gas tax holiday-(not often a tax gets repealed and it might prove harder
to restart in the Biden Economy for political reasons than people might think…..even if there is an automatic end date to the cut.
Now we somehow have to pay for the Dem post COVID Covid Relief 2.0 package, but there are SO many wasteful things to choose as a replacement.
I’m with you on this one Brandon. Make it so!
Replies to: I’m intrigued by Brandon’s gas tax holiday-(not often a tax gets repealed and it might prove harder
We have a supply problem causing energy inflation…so let’s stimulate demand!
Absolutely moronic policy. The only redeeming feature is that its impact is so tiny it is likely to be largely symbolic.
It is ALL symbolic.
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Driven by fear of the mid-terms...
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All true. I like it simply because I think it might become more than temporary. I do agree with you.
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Does he have to repeal? Presumed it would be structured so that it automatically resumed after 3
Months.
He wouldn’t, but there would be pressure to make it permanent. Undoubtedly the reason that it would
be timed to reinstate just after the elections. That kind of ridiculous timing would be transparent, and I would not want it either since it would potentially help him to persist in his policies in the long term.
I only like it for its potential to be permanent. If it expires with the election, then there is little hope of the presse being effective for it to stay….I would support that. I hadn’t seen the timing of the expiration.
govt intervention got us into this mess and will keep us in it
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100%, but this is taking away a different govt intervention.
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Politically it is just a gesture. Joe would say he tried something. Economically it's price control.
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“Tax cut” to me is like a naked hot babe…..I’m sorry, what did you say?
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Unfortunately this inflation is mainly driven by demand. If you artificially "fix" the price, it wi
drive demand higher therefore price higher.
Agree it won’t fix it -increasing our own supply is the answer to inflation. Reaganomics.
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