Last summer gas got down to 59 cents a gallon. Today we’re paying a buck-fifty.
Now come the politicians to save the day. Low gasoline prices are nearly a constitutional right, they tell us, and they’ll fix everything. Uh oh. The idea of politicians swooping in to save us is scarier than high oil prices. Am I the only guy who remembers the long gas lines of the 1970s, caused by price controls of the politicians?
Of course, one thing the gang in Washington could do is get rid of the gas tax. There’s a direct 18.4-cent federal tax on every gallon. The latest gas tax increase of 4.3 cents is called the “Gore Gas Tax” by the Republicans. You see, Vice President Al Gore broke a tie in the Senate to pass the increase.
So are Republicans rushing to repeal this tax they’ve long been complaining about? No sir. Long-serving incumbent Republicans now argue that we can’t possibly repeal the tax. It would mean the end of the world as we know it, obstructed highways, roads that lead to nowhere, blah blah blah. At least, that’s what the pork-barrel king and Transportation Committee Chairman Bud Schuster says.
Once again Republican incumbents attack Democrats on taxes, but it’s just lip service. They want to spend our tax money just as much as Mr. Gore does. Even with their big surpluses, we’re going to hear a whole lot of hot air from politicians about why they won’t give us back even one lousy cent of our own money.
This is Common Sense. I’m Paul Jacob.