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Legal Commentary

: Althouse

"Today?s financial crisis is Obama?s 9/11. The public is ready to be mobilized."

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"Obama is coming in with enormous popularity. This is his best window of opportunity to impose a gas tax. And he could make it painless: offset the gas tax by lowering payroll taxes, or phase it in over two years at 10 cents a month. But if Obama, like Bush, wills the ends and not the means ? wills a green economy without the price signals needed to change consumer behavior and drive innovation ? he will fail."

Thomas Friedman argues for a gas tax to eliminate the lure of low prices.


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Full post as published by Althouse on December 29, 2008 (boomark / email).

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