Friday, June 13, 2008

obama and pandering on gas taxes

back from honeymoon, back to real world. sorry for the hiatus dear readers.

a quick comment on Obama and Pandering.

A friend of mine mentioned that he picked Obama in part because he didn't pander on the gas-tax issue, when McCain and Clinton both did. To his credit, he was on the right side of this issue. It was good to see Clinton get her comeuppance when George Stephanopolos asked her how she could support a policy that 100% of economists thought was a dumb idea.

But Obama gets too much credit. Because just a few weeks later, Obama started pushing for a windfall profits tax on oil companies. Another policy that 100% of economists think is a dumb idea. But of course Teflon Obama gets away with it.
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