The Bush-Cheney Economy

Hightower Lowdown describes On the gas tax, McCain is in the tank. "As for domestic policy, McCain came out with a proposal the other day that was every bit as clueless as his many gaffes on Iraq. He wants to suspend the federal gas tax for the summer driving season. "The effect will be an immediate economic stimulus, taking a few dollars off the price of a tank of gas every time a family, a farmer or trucker stops to fill up," McCain said. No, it wouldn't. McCain is failing to take two things into account: Supply. And demand."