I was watching Fox News this morning and they had a story about a move in Congress right now, proposed by Democrats, to increase that federal tax on gasoline from 18.4 cents/gal to 28.4 cents/gal! Apparently, the higher price of gasoline lately has caused people to cut back on consumption (no surprise there), resulting in decreased gas-tax revenues. This is resulting in a shortfall for fed funded roads and highway projects. So, let's look at the logic here: Higher prices at the pump translates to less consumption and therefore less tax revenues. Democrats' solution, increase the price at the pump by increasing the gas tax...resulting in less consumption and less revenue, and so on and so on... Anyone see a pattern here?
Can Democrats in Congress be so out of touch that they don't understand the depth of voter anger over energy prices right now? If they really wanted to increase revenues, they'd follow the Adminstration's lead, lifting the ban on off-shore drilling and also open ANWR to exploration/production. The ANWR area being proposed for drilling sites is apparently only 70 miles from the existing oil pipeline.
Interestingly enough, Fox had a Republican law maker on to offer an opposing view on this bill. They always try to put on an equal number of people on both sides of the issues (it's that whole "fair and balanced" concept). During the segment, they had the Republican in one panel, and in the other...an empty chair. They had asked a dozen or more Democratic lawmakers on to offer their justification for increasing the gas tax at this time, and could not get one to agree to come on-air. Hmm...