What is Digg?150 Comments
- TopSlacker, on 05/07/2008, -3/+84Dear America,
Please don't let this woman control your country.
Love,
The UK. - wonderlandpr, on 05/07/2008, -2/+65anyone who votes for hillary clinton on the basis of this phony gimmick should know that it would have to pass the full congress, and be signed by gw bush. clinton knows this is impossible..but she believes hoosiers and n.carolinians are not smart enough to figure this out. how outrageous is she?
Hillary would say anything to get your vote. She made 109 million dollars since leaving the white house and SHE calls Obama out of touch?
Save yourselves from this phony baloney. no one will get anything from the gas holiday. it does not exist nor will it. bush and the congress won't pass it.hillary isn't in the senate to propose it, and it is all smoke and mirrors.
LET'S BE SURE THE CLINTONS KNOW WE ARE NOT COUNTRY BUMPKINS. WE GET THAT WE ARE BEING TAKEN FOR ANOTHER CLINTON RIDE ..AND THE JOKE AND THE GAS ..ARE ON US!!!! - xxgigavirusxx, on 05/07/2008, -16/+44Bury me
I'm going for a world record - Aadain, on 05/07/2008, -0/+22I'm trying.
- schnikies79, on 05/07/2008, -0/+15I'm from Indiana. We had a gas tax holiday a few years under Gov. O'Bannon and it nearly broke the state, so I'm leary of this.
That being said, I thought she was going to use a windfall profits tax to replace what would be lost. Wouldn't that mean neither a net gain or net lost as far as government revenue goes? - inactive, on 05/07/2008, -0/+14More math!
979 miles per week X 12 weeks = 11736 miles per season
11736miles per season / 50mph average = 234hours
234hours / 24 hours = 9.78 days total in the car - cowsgonemadd3, on 05/07/2008, -3/+16Dear UK,
Please ignore one of our crazy people. We dont support his comment.
-The USA - skellener, on 05/07/2008, -0/+11Create you own "gas holiday" and ride your bicycle more this summer. You'll save money and it's good for you too!
- atbnet, on 05/07/2008, -1/+11Math is for the elite of course. However, you are obviously an idiot.
- dylansylvester, on 05/07/2008, -1/+10burried as innacurate, nobody will save money on the gas tax holiday
- MRayC, on 05/07/2008, -0/+9Hey, why not double the tax? An extra 9 billion in revenue, three hundred thousand jobs, and all for thirty bucks. Great deal. Triple it, even. Eighteen billion extra dollars for the government for a sixty dollar investment. After all, they certainly know better than us how we should be spending our money.
- tms8707056, on 05/07/2008, -0/+8The only problem with your statement is that trucking costs haven't risen proportionately with the rise in cost of gas. The trucking companies are absorbing the added cost (especially the independents). So, the money they save on the fuel will only go into their pockets. They wouldn't lower their prices because of a gas tax holiday.
- rhabd0mancer, on 05/07/2008, -1/+9I understand that Hillary will soon unveil a new plan to force gas stations to drop the 9/10 of a cent from their prices. Hillary feels your pain.
- ohplease, on 05/07/2008, -0/+8The money that shipping companies would save would go directly to their quarterly revenue and shareholders. It doesn't go to the grocery store.
Consumers will see nothing if this passes. No cheaper produce. No cheaper gas. Nothing.
The only thing you will see is a your roads go into a state of disrepair even further than they are.
This is taking money from the government and giving it to the oil&gas and shipping industries. It's idiotic, which is why nearly every economist in the US is smashing their heads into the wall right now.
Let me summarize: if you think you are right, it's because you don't know enough.
Is it reasonable in your mind that hundreds of economists, who make a living determining the effects of move like this, are all wrong, and that you're right? - Monarch818, on 05/07/2008, -0/+7You don't know much about the gas tax do you? The gas tax is per gallon, not per dollar!
- schnikies79, on 05/07/2008, -0/+6Umm, no. The federal gas tax is based on gallons, not dollars. It's not like sales tax where you pay so much/dollar.
I think it's $0.18/gallon. The only way they get more revenue is more fuel is sold. - inactive, on 05/07/2008, -1/+7Are you ***** kidding? She is a DEMOCRAT. She would love nothing more then to tax you till your wallet bleeds leather. Hell the Oil tax was actually increased under her husband. This is only a small penance on her part.
- DreadPirate, on 05/07/2008, -1/+7More witty repartee from that master of intellect, Moola! Lets all give him a hand, folks. He certainly could use it.
- smithchr, on 05/07/2008, -0/+650 mph average is very generous. Maybe for interstate only driving taking advantage of bypass routes. Driving in a major metropolitan area, however, I can tell you that my average speed on my way to work in the morning is more like 28 (14 mile drive takes between 25 and 35 minutes). And I don't even drive TOWARDS downtown. And I'm 15 miles outside the city. And it's all freeway.
- SpinningHead, on 05/07/2008, -0/+6Yes, us and every economist in the country. Supply doesn't go up but the demand would rise and fill in the gap with pure profit for the oil companies.
- burningmanstan, on 05/07/2008, -0/+5Lowering the price still encourages an increase in consumption. NOT a good idea when the general plan is to use LESS fuel and become less dependent on oil for long term benefit.
- iloveliberals, on 05/07/2008, -0/+5Amen, brother. The government has an amazing ability to solve our problems with our money. They're miracle workers.
- oMeSSiaHo, on 05/07/2008, -2/+6Wait, since when can the president create laws?! Is that some extra power Bush took in the last seven years?
This ***** is so stupid. Please make it end! - stillasleep00, on 05/07/2008, -0/+4Don't worry, there's no chance. But how do you guys feel about McCain?
Things are looking pretty bleak on this side of the pond, my friend. - dralezero, on 05/07/2008, -1/+5Screw McCain
- atbnet, on 05/07/2008, -3/+7This gas tax holiday is *****. What's going to happen is if gas is cheaper people are just going to buy more gas nullifying any savings. Or the gas stations are just going to raise the prices themselves. And we also have the federal highway system getting raped of $9 billion which it really needs if you traveled lately. Brilliant plan, Hillary!
- burningmanstan, on 05/07/2008, -0/+4The truckers will be hit even harder when demand for gas increases gas prices and when the gas tax is reinstated at the end of summer. The gas tax holiday is a useless short term fix that will do nothing for long term gas prices or the economy. There is no short term solution to rising gas prices, they either increase how or increase later, attempting to delay the inevitable by lowering price and therefore encouraging consumption is just dumb. We need to encourage less fuel consumption for LONG TERM benefit.
- macslut, on 05/07/2008, -1/+5"Me? I'd save $30.08 over the 'holiday'...pshaw"
No you wouldn't. You'll find that there would be a very short term drop in prices, and then an increase to make up for the tax break. When the tax holiday was over, prices would be even higher. In the end, you will have paid even more for gas plus extra for wear and tear on your car from pot holes, and possibly tire punctures.
This comment is sponsored by El Cheapo Organic Soy Sauce:
http://chepeau.com - eraser852, on 05/07/2008, -0/+4*bologna :)
- schnikies79, on 05/07/2008, -1/+5*a few years ago*.
The holiday didn't last a few years, only a few months and that alone nearly bankrupt us. - Pic0, on 05/07/2008, -2/+5their
- schnikies79, on 05/07/2008, -0/+3Does anyone know the U.S. average driving/week? I drive around 350mi/week just counting back-and-fourth to work, almost all highway and interstate.
Unfortunately I don't live or work in an area with public transportation, nor can I ride a bicycle on the interstate (the non-interstate route to my job is an extra 20mi). - BuzzFriendly, on 05/07/2008, -1/+4This is all a crock of $hit. If the Fed losses it revenue in a "gas tax holiday" do you think they will modify their spending to pay for this? Of coarse they won't. So unlike you and me that must modify our spending should our incomes fluctuate the Fed just goes "over budget". Your not getting a holiday your getting screwed because you end up paying more because the Fed will simply borrow more money and you get to pay it back but with interest. Some Holiday
- aigulf, on 05/07/2008, -1/+4I agree with your sentiment, the effect on shipping would be much more important, but the fundamental assumption is that the tax relief will be passed on to consumers. What's to keep the oil companies from holding prices where they are and pocketing the difference?
- sleepless, on 05/07/2008, -0/+3If you had a Veyron, you could drive faster, but then you would burn fuel faster as well... but if you did have a Veyron, you wouldn't need a gas tax holiday... lol!
- SanTe, on 05/07/2008, -0/+3*bologna :) Balogna is a commune in the Corse-du-Sud department of France on the island of Corsica, says Wikipedia.
- lukemann, on 05/07/2008, -0/+3The gas tax is a fixed number of cents. It is not a percentage. So when prices go up and people buy less gas they actually end up getting less money.
- andrewtheart, on 05/07/2008, -0/+3It's because of random articles like this that I ♥ Wikipedia.
- enri, on 05/07/2008, -0/+3Didn't a bridge collapse recently because of lack of funds to fix our road system? I know we have trouble remembering things in this country but it was less than a year also.
- dralezero, on 05/07/2008, -0/+2And don't let lets-increase-the-troop-levels-and-attack-iran Obama lead it either. Hmm I think there is this one candidate that is truly antiwar but I wouldn't know cause I never see him on TV.
- ceredron, on 05/07/2008, -1/+3P.S. it's true, he's actually crazy and we really don't think like he does. Sorry we let the crazies out, normally we keep them penned up in the largest prison system in the world. Our bad.
- DanMiller, on 05/07/2008, -0/+2Could you please explain why you feel removing an 18 cent tax for 3 months would make things better. Inflation is painfully up, government spending is out of control, the dollar in foreign markets is laughable. Repealing the gas tax would at best fix things short term. Until spending is reigned in tax cuts are not the answer. This is like saying the best way to get out of debt is to quit your job.
- Barackalypse, on 05/07/2008, -0/+2Was that the one with a defective design, defective materials, defective construction, or the one that wasn't routinely inspected like it should have been? If the government was involved you can bet there are a lot more reasons than just "not enough money", because even when the government does have enough money they still find a way to ***** things up. Just look at Iraq.
- SwedishNinja, on 05/07/2008, -0/+2Sounds a little like speculation and assuming correlation = causation. I'm sure jobs will be lost over the next few years, but the real question is how much of that can be explained by this gas tax cut.
Time to calculate me an R^2 value! - Disgod, on 05/07/2008, -0/+2I do realize the error of my numbers, they're very simplistic. It assumes that it is actually only the government will have to cut jobs to that exact number of jobs lost, but the thing is that the economists know that even if 150,000 government jobs get cut due to this "tax break" it's going to have a ripple in the economy and cause other industry to lose their jobs which could actually end up being that 300,000 jobs lost. My numbers are obviously very speculative, but my basic point still stands, you take away 9 billion in taxes you're going to have a huge impact on jobs. Saying that professional economists are completely off base with their projections shows a lack of any sort of thought
- burningmanstan, on 05/07/2008, -0/+2Demand for gas is less elastic than other products that have more competition. However, calling it entirely inelastic ignores the fact that gas prices influences consumer decisions: both very short term (seasonal increases in demand) and very longer term (deciding to buy a more fuel efficient vehicle). It also ignores the fact that there are alternatives to gas that are increasing in popularity (natural gas vehicles, hybrids, electric vehicles, public transport and in the long term hydrogen, biodiesel and cellulosic ethanol). Lowering gas prices does not encourage the competition that is needed to reduce our LONG TERM oil consumption and does nothing to address the inevitable long term economic consequences of failing to to reduce our dependence on oil.
- jsams81, on 06/26/2009, -0/+2Whats your point? Are you suggesting that Hilary also needs to watch out for the "vast LEFT wing conspiracy" as well?
- rda1441, on 05/07/2008, -1/+3I like this plan...because the state/federal road system sucks. Why keep giving money to an inept agency (The government) who cannot do what they need to do. Anything to give me more of my money back and keep it out of all of your grubby little hands the better.
- iofthestorm, on 05/07/2008, -1/+3Relatively inelastic, idiot. Complete inelasticity is impossible.
-
Show 51 - 100 of 149 discussions
Check out the new & improved 
© Digg Inc. 2009
— Content created and posted by Digg users is