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Click here to visit the new home of Politics Daily!It may have been a popular primary campaign promise, but the reality of a summer gas tax holiday never held much water with economists or legislators not running for president. In fact, due to a shortfall in federal highway construction funds, conversations are underway to increase the tax to forestall massive construction job layoffs. Lawmakers, for the most part, could not be convinced to add $9 billion to the expected shortfall by considering the tax holiday. The AP reported last week: The chairman of the House Transportation and Infrastructure Committee, Rep. James Oberstar, and the ...
For a little while there, it looked like Hillary Clinton had a shot at mounting a comeback. But on Tuesday, that pesky math caught up with her. There's simply not enough time, or delegates, remaining for her to pull it out. Barack Obama has won. Such is the prognosis from all of those but the most hardened loyalists. Here then, a compendium of obituaries for Hillary's '08 bid for the presidency.First, a few editorials from today's papers:The Seattle Times gives us "Clinton's end: time to yield and unify," that conculdes:Clinton's campaign is over. She is perhaps the last to know. ...
Fresh off a gas tax holiday idea that over 200 economists (including noted elitist Nobel Prize winners) have panned, Hillary Clinton has followed-up with another startling proposal sure to rouse populist blood pressure but, like the tax holiday, never amount to a hill of beans. As oil prices have reached record levels, Hillary has sensed a campaign opening, so she's sticking with the "Gas" category, but raising the wager somewhat. Now, she's going after the big boys: OPEC, your days are numbered. As Ben Smith reported yesterday, Hillary boldly declared the following:"We're going to go right at ...
The following definitions come to us from the Oxford English Dictionary:pander v. 1. trans. To act as a pander to: to minister to the gratification of (another's lust).2. To lay the pander, to sub-serve or minister to base passions, tendencies, or designs. For another dimension of just what it means to "pander," we might also consult a thesaurus and look up the word "politics." Yes, political campaigns are, by definition, all about ministering to the gratification of another's lusts. Paid political consultants are hired to locate our basest desires, so that each candidate can exploit them. It ...
The focal point of the Democratic Primary race this week has been the debate over a proposed "gas tax holiday," with Senator John McCain first to propose lifting the gas tax for the summer, and then with Hillary Clinton proposing a windfall profits tax to offset the lost revenue from the tax reprieve. Senator Barack Obama has opposed both measures, citing near-unanimous agreement among economic experts that such a measure would result in little or no decrease in gas prices while wreaking havoc on construction jobs. When asked on Thursday to produce even one policy expert who agreed with the ...
From Robert Reich, Bill Clinton's former Secretary of Labor:When asked this morning by ABC News' George Stephanopoulos if she could name a single economist who backs her call for a gas tax holiday this summer, HRC said "I'm not going to put my lot in with economists."I know several economists who have been advising Senator Clinton, so I phoned them right after I heard this. I reached two of them. One hadn't heard her remark and said he couldn't believe she'd say it. The other had heard it and shrugged it off as "politics as usual."Er, you can say that again. Discounting expert opinions and ...
On Thursday's Clinton campaign conference call, Phil Singer was unable to name a single expert who agrees that the gas tax holiday is a good idea. Now, the Obama campaign has released statements from one of Hillary's newly declared superdelegates, North Carolina Governor Mike Easley, that show the Governor opposing gas tax holidays.Then, on today's Obama conference call, Senator Claire McCaskill had this exchange with me:Tommy Christopher: (In reference to Singer's response on the experts)Do you think there's something to that, that a leader has to do the right thing sometimes, even if the ...
Hillary Clinton isn't backing down. She's got a terrible idea, and she sticking to it. The idea, one she shares with John McCain, is to give drivers across America a gas tax holiday, despite a universal outcry from economists, environmentalists, fellow politicians, and superdelegates that the proposal amounts to nothing more than a disastrous, and shameless pander to voters. That's not stopping Clinton, who yesterday reiterated her claim that her proposal would do what everyone with a modicum of common sense knows it won't. At a rally in Indiana, Hillary employed George Bush's black-and-white, ...
Hillary Clinton and John McCain think that a "gas tax holiday" is a great idea. Barack Obama, on the other hand, sees the proposal as nothing more than a gimmick designed to pander to voters in an election year. Obama:"That's typical of how Washington works. There's a problem: everybody's upset about gas prices. Let's find some short term, quick fix. That we can say we did something, even though we're not really doing anything. Because if you actually took away the gas tax, what are the oil companies going to do? They're gonna raise your gas by 5 cents. You'll never see the savings. And then ...
Hillary Clinton's campaign has released a new :30 second spot airing in Indiana titled "Trouble." And it could be trouble for the only thing stopping here nomination - Barack Obama. ...
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