http://news.yahoo.com/s/ap/20080415/ap_on_el_pr/mccain_economy_15;_ylt=AqEZIsfu8B3Sd.FMgCQDzdQE1vAI
More free passes from the US media instead of the toothed analysis they’re supposed to be pursuing. John McCain, who claims he’s not very well versed in economics, offers proof on the matter by suggesting a summer-long “holiday” from gas taxes. (Exempting $10 billion dollars from government coffers while advocating prolonging involvement in Iraq makes for quite the wobbly platform.)
Republican Sen. John McCain on Tuesday called for a summer-long suspension of the federal gasoline tax and several tax cuts as the likely presidential nominee sought to stem the public’s pain from a troubled economy.
McCain’s as weak in medicine as he is in economics: Cutting gas prices for a summer would “stem the public’s pain” only as much as giving morphine to a palliative patient – and considering American dependence on oil, the addiction analogy is apt. Short term relief will only exaggerate the eventual suffering from withdrawal.