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Stumped: Hillary Can't Name One Economist Who Supports Her Gas-Tax Holiday
NewsBusters ^ | Mark Finkelstein

Posted on 05/04/2008 10:23:58 AM PDT by governsleastgovernsbest

My two cents say George Stephanopoulos gave Hillary a harder time than Tim Russert did Obama during their respective appearances on This Week and Meet the Press today. Russert never pinned Obama down on exactly what he knew of Rev. Wright's most controversial assertions and when he knew it.

Over on ABC, Stephanopoulos twice challenged Hillary to name a single economist who supported her proposal for a gas-tax holiday, and threw in her face the fact that even her big admirer in economist ranks, Paul Krugman of the NY Times, has criticized her over it. In exposing her inability to name a single practitioner of the dismal science who supported her plan [McCain, who's also called for a gas-tax holiday would presumably be similarly hard-pressed], Stephanopoulos left Clinton looking like a panderer. Stephanopoulos raised the issue right out of the box.

View video here.

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: gastaxholiday; georgestephanopoulos; hillary; mccain

1 posted on 05/04/2008 10:23:58 AM PDT by governsleastgovernsbest
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To: Behind Liberal Lines; Miss Marple; an amused spectator; netmilsmom; Diogenesis; YaYa123; MEG33; ...

Stumped Hillary ping to Today show list.


2 posted on 05/04/2008 10:24:29 AM PDT by governsleastgovernsbest (Keeping track of the MSM so you don't have to!)
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To: governsleastgovernsbest

I thought McCain proposed this first, for Memorial Day to Labor Day. Personally, I’m in favor.


3 posted on 05/04/2008 10:28:08 AM PDT by gusopol3
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To: governsleastgovernsbest

Since the tax on gasoline is a consumption tax, as opposed to a sales tax, and that the demand for gasoline is in high demand, elimination of the gas tax would do little for price, i.e. tax elasticity effect.

However, I am in favor of eliminating the tax because the govt has not done anything to earn the tax and the funds collected are wasted.


4 posted on 05/04/2008 10:28:16 AM PDT by Perdogg (Four years of Carter gave us 29 years of Iran; What will Hilabama give us?)
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To: governsleastgovernsbest

Please...I just had breakfast....don’t mention stumped and schrillary in same sentence....thanks.


5 posted on 05/04/2008 10:28:28 AM PDT by spokeshave (Hey GOP...NO money till border closed and criminal illegals deported)
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To: governsleastgovernsbest
Steffi should have asked her what kind of MPG that red pickup truck gets...


6 posted on 05/04/2008 10:29:17 AM PDT by OCC
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To: governsleastgovernsbest
Let the scum in the ratmedia fight against the gas tax holiday. Hillary can get fried by them over it and McCain can use it starting next month. RNC are you listening? This is the ratHouse sticking it to the people because plastic face is more afraid to offend the ratmedia than the people. Make something of this please!
7 posted on 05/04/2008 10:29:29 AM PDT by jmaroneps37 (Conservatives live in the truth. Liberals live in lies.)
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To: spokeshave

In that case, I won’t mention that Hillary got a little crusty while panting about a suit she wanted to bring against the oil companies ;-)


8 posted on 05/04/2008 10:30:25 AM PDT by governsleastgovernsbest (Keeping track of the MSM so you don't have to!)
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To: governsleastgovernsbest
the fact that even her big admirer in economist ranks, Paul Krugman of the NY Times, has criticized her over it.

this alone is a ringing endorsement for the idea.

9 posted on 05/04/2008 10:30:28 AM PDT by gusopol3
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To: OCC

is this the one with the astro turf in the back?


10 posted on 05/04/2008 10:31:44 AM PDT by gusopol3
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To: OCC

11 posted on 05/04/2008 10:32:05 AM PDT by maggief
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To: governsleastgovernsbest
You just watch if the federal government gives us a summer tax holiday on gasoline, our governor (Corzine - NJ) will increase our gas tax to make up for it.

They already want to institute a tax on "fast food."

12 posted on 05/04/2008 10:32:20 AM PDT by mware (mware...killer of threads.)
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To: OCC

i THOUGHT THAT SHOW WAS A HILLARY COMMERCIAL!

that was ridiculous...Stephi just let her go on and on, I sure didn’t see any serious confrontation. She looks so smart to people who don’t know about international polics or economics..its all in the image, the delivery. and stephi and Oreilly are afraid of her!


13 posted on 05/04/2008 10:33:19 AM PDT by Recovering Ex-hippie (WE NEED A TROOP SURGE IN CHICAGO !)
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To: Perdogg
I am in favor of total elimination. Not a temporary suspension just so she can get votes. A total emimination however will NEVER happen with our current 535. If my math is correct 535 is the total in congress.
14 posted on 05/04/2008 10:33:22 AM PDT by DeaconRed (We must make sure our Brave Military gets the support to Win This WAR. Not another Viet Nam.)
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To: governsleastgovernsbest
Not only should the Fed gas tax be repealed, so ahould the state gas tax. Then people will realize the gubmint is profiting as much, if not more, from gas sales than "evil Big Oil."


15 posted on 05/04/2008 10:33:27 AM PDT by LibFreeOrDie
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To: governsleastgovernsbest

Other than Karl Marx and Friedrick Engels I don’t think she would find any economist that agrees with her general plans either.


16 posted on 05/04/2008 10:35:17 AM PDT by The Great RJ ("Mir we bleiwen wat mir sin" or "We want to remain what we are." ..Luxembourg motto)
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To: The Great RJ

Yep.


17 posted on 05/04/2008 10:36:42 AM PDT by Jane Austen (Boycott the Bahamas!)
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To: Recovering Ex-hippie

I tuned in after it started. All of the sudden, Hillary was out of her chair running the show and Steffi was just sitting there. I got the impression the whole thing was supposed to take place with them seated. Steffi got punk’d!


18 posted on 05/04/2008 10:37:28 AM PDT by OCC
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To: LibFreeOrDie

19 posted on 05/04/2008 10:42:40 AM PDT by A. Morgan (VOTE FOR A LIBERAL N' WE'LL BE UP TO OUR NECKS IN ILLEGALS and OUTA' GAS!)
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To: maggief

Freekin HILARIOUS!


20 posted on 05/04/2008 10:44:14 AM PDT by nkycincinnatikid
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To: LibFreeOrDie

In Chicago, in addition to the 52% Comrade Daley adds another %12.75.

The illiterate Democrats here in the People’s Republic of Illinois are completely ignorant and think the rich are responsible for jacking up their prices.

They don’t know the difference between a profit and a profit margin. Since the govt takes a larger slice of the pie than profit, the govt is the price gouger par excellence by their own stupid criterion.

Furthermore, they don’t get that businesses build taxes into their cost. If Hillary taxes corporate profit, the big guys at the top will earn in the same ballpark, but we the consumers will have to pay more. There is nothing wrong with CEOs making a ton of money anyway — sports teams will pay a lot to get Kobe Bryant or LeBron James on their roster, so why shouldn’t corporations pay a lot to get superstars on their starting lineup, given the huge responsibility entailed?

In addition, it never occurs to them that gasoline taxes are not a progressive tax. They aren’t even flat taxes. They are REGRESSIVE taxes that disproportionately hurt working people.

ARRRGGGGGH I can’t stand Democrat stupidity. They’re almost as bad as the cretards we have here at FR.


21 posted on 05/04/2008 10:47:56 AM PDT by JHBowden
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To: OCC; Chieftain

Punked is a mild word for what he got! He got B-busted so big time. He is still afraid of the Hildebeast from when he was in their administration.

Guess its a form of PTSD flashback!


22 posted on 05/04/2008 10:55:08 AM PDT by Recovering Ex-hippie (WE NEED A TROOP SURGE IN CHICAGO !)
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To: governsleastgovernsbest

What this tells us is that George S. knows full well Hillary isn’t going to be in the whitehouse so he doesn’t need to be nice to her so he can get a job there again.


23 posted on 05/04/2008 10:56:49 AM PDT by festus (Tagline removed.)
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To: OCC

Blue is definitely not her color.


24 posted on 05/04/2008 11:02:59 AM PDT by rawhide
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To: festus

More like providing himself...and ABC a veil of objectivity for the upcoming TOWNHALL type meeting that is to be hosted by George Stephanopoulis.


25 posted on 05/04/2008 11:05:36 AM PDT by DCPatriot ("It aint what you don't know that kills you. It's what you know that aint so" Theodore Sturgeon))
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To: festus
I'll fondly remember to my final breath Stephy all but crying election night 2000 when the networks reversed course and gave Florida and the election to Bush.

The look on his smug little face was so enjoyable.

26 posted on 05/04/2008 11:06:54 AM PDT by DAC21
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To: DCPatriot

Ah you sir are thinking this through. Good analysis.


27 posted on 05/04/2008 11:06:56 AM PDT by festus (Tagline removed.)
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To: A. Morgan

Oh, no! — wait’ll the MA legislature sees this and notes that we’re not even in the top 10! :(


28 posted on 05/04/2008 11:08:54 AM PDT by maryz
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To: Perdogg

Just suspending it for 3 or 4 months will do very little for the average motorist. Average 15,000 miles per year, so at the most the average number of miles driven during a 4 month suspension might be 5,000. At an average of 20MPG, the $0.184/gallon federal gas tax would save about $46. Big whoop.

You’re right, IMO. Eliminate it permanently.


29 posted on 05/04/2008 11:15:50 AM PDT by savedbygrace (SECURE THE BORDERS FIRST (I'M YELLING ON PURPOSE))
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To: gusopol3
Same here. And I care not a fig whether or not any economist s support the idea.
30 posted on 05/04/2008 11:34:22 AM PDT by BenLurkin
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To: rawhide
Blue is definitely not her color.

Do you prefer Pepto-Bismol pink?


31 posted on 05/04/2008 11:38:15 AM PDT by Miss Didi ("Good heavens, woman, this is a war not a garden party!" Dr. Meade, Gone with the Wind)
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To: Perdogg

Uhmm, don’t they build roads with that tax money? I think that’s how it’s suppose to work in america anyway. Instead of paying the toll when you get on the freeway, you pay it when you fill your tank. It seems like a good system to me. I’d rather they built roads with gas tax than with income tax. I’d like to see more separation of the funds though. As it is, it all goes into one big pile and you never know what it’s really being spent on.


32 posted on 05/04/2008 11:39:54 AM PDT by mamelukesabre (Quantum materiae materietur marmota monax si marmota monax materiam possit materiari?)
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To: governsleastgovernsbest

Florida scrapped the proposal to suspend state gas taxes, and I agree with that decision. The suspension of gas taxes will do little to ease the hit on the pocket book, and the loss of revenue from an already strapped state revenue picture doesn’t make any sense.

State and Federal tax receipts aren’t discretionary in the sense they can be adjusted for various circumstances. The state and federal government spend every dime they raise, and in most cases, spend more than they raise. Creating a reduction in revenue that wasn’t budgeted only creates chaos somewhere in ordinary people’s lives.

Just a few years ago, the liberals wanted to add 50 cents tax on a gallon of gas to force conservation. This is when gas was below $2.00 per gallon. Now at $3.50 per gallon on the old tax basis, they want to eliminate the tax? I don’t think so.


33 posted on 05/04/2008 11:43:40 AM PDT by khenrich (Ironically, Gore notes that he has run for president twice and says: "I know what it takes to win.?)
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To: savedbygrace

If they suspend the tax on diesel too, and not just the federal tax, but ALL tax, state tax included, then it could give the economy a little breathing room and maybe get it’s feet back under it again...maybe halt the food price inflation.

That is nothing to sneeze at.


34 posted on 05/04/2008 11:50:52 AM PDT by mamelukesabre (Quantum materiae materietur marmota monax si marmota monax materiam possit materiari?)
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To: savedbygrace

And transfer the cost of paying for the roads from the people who actually use them to the top 20% of income tax filers who pay for everything else.


35 posted on 05/04/2008 2:14:21 PM PDT by CGTRWK
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If I’m understanding your point, I think you’d favor toll roads. That would accomplish your goal of making those who use the federally funded roads pay for them far more accurately than the gas tax.


36 posted on 05/04/2008 2:30:14 PM PDT by savedbygrace (SECURE THE BORDERS FIRST (I'M YELLING ON PURPOSE))
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To: governsleastgovernsbest

Keep in mind that this is just proof that Hillary (and McCain) think the American people and their votes can be bought off for $40 or $50. I’m surprised more people aren’t insulted by this.


37 posted on 05/05/2008 7:31:36 AM PDT by af_vet_rr
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