Krugman asks: Is Obama Ad Misrepresenting My Words?

Today, on his blog, Paul Krugman called out the Obama campaign for an ad that has been running in North Carolina and Indiana.

Is Obama misrepresenting what I said?

I wrote on Krugman's views on the gas tax holiday last week:


Paul Krugman: Barack Obama is right on gas tax holiday.  

http://www.mydd.com/story/2008/4/29/1845 20/166

Krugman criticized the McCain plan as "a giveaway to oil companies, disguised as a gift to consumers."

He said this about the Clinton plan:

The Clinton twist is that she proposes paying for the revenue loss with an excess profits tax on oil companies. In one pocket, out the other. So it's pointless, not evil. But it is pointless, and disappointing.

After the fold, the Krugman's comments asking for a retraction of the use of his words in an Obama ad.

Here is the Indiana Obama ad:

http://my.barackobama.com/page/content/i n_boost_ad

The ad quotes the New York Times as saying the gas tax holiday  would boost oil company profits. Krugman thinks the ad is based on his blog entry:


I don't have a link to the ad itself, but apparently there's an Obama ad citing something I said about McCain's gas tax holiday as a way to attack Hillary Clinton.

I did not say that the Clinton proposal would increase oil industry profits. If the ad implies that I did, it should be retracted.

http://krugman.blogs.nytimes.com/

According to Ben Smith,


The campaign has removed the quote from the North Carolina version of the spot, but not the Indiana version.

http://www.politico.com/blogs/bensmith/0 508/Krugman_wants_a_retraction.html

Paul Krugman concludes in his blog entry:


I was very clear when I wrote about the Clinton proposal that while I didn't think it was good policy, it was not the same as McCain's, and relatively harmless. If the Obama people are suggesting otherwise, they're being deliberately dishonest.

http://krugman.blogs.nytimes.com/2008/05 /05/is-obama-misrepresenting-what-i-said /#comments

Who's right here?  Is the ad "deliberately dishonest"?  Does it matter?  Would it matter if Clinton made this ad instead of Obama?  Does right and wrong vary depending on whether it favors or hurts your chosen candidate?

Krugman also commented on the gas tax holiday controversy in a longer blog entry today:

Hillary Clinton's proposed gas tax holiday is not, in my view, a good idea. But the furor over what is, when all is said and done, a small and temporary policy proposal is entirely disproportionate.

http://krugman.blogs.nytimes.com/

He suggests that the issue is overplayed in the media for two reasons:

1.  "Part of it, clearly, is the fact that many people in the media really, really want Obama to win and Clinton to lose -- read Kurt Andersen -- and have seized on the gas tax as their latest proof that she is ee-ee-vil."

2.  "But there's also something going on with economists, a phenomenon I recognize wearing my other hat: the tendency to place excessive weight on issues where professional judgment differs from lay opinion."

What do you think?  Read the whole entry.  It's quite interesting.

I find Krugman well worth reading and agree with some, but not all, he says.  His recent book was excellent.  He is interesting and brings an educated perspective to his views.  And he is a progressive with populist leanings.  He understands the Great Class Stratification.  

As always, would your views be different if Obama supported a gas tax holiday (with a windfall profits tax) and Clinton opposed it?

For the record, I agree with Krugman and oppose the gas tax holiday, but I do like an excess profits tax on oil compnaies.  I also like a little populist "class warfare," even if it is only verbal.  Words do matter.  At least she sounds like a Democrat, even if I disagree on the issue.  



Display:


Re: Krugman asks: Is Obama Ad Misrepresenting (2.00 / 14)

Tips for an interesting and civil discussion.


by TomP on Tue May 06, 2008 at 11:43:37 AM EST

Yes, Tom, you are right. The candidate (2.00 / 3)

we support colors our view. However, I'm a Hillary supporter and I have many problems with her gas tax holiday proposal, but I'm glad she made it. What it has done, imho, is put the topic of gasoline prices front and center where it belongs and exposed Obama and many of his supporters as disconnected from blue-collar, working class people. When I hear, "...it's only $25 or $35," I know that Obama is, politically, on the wrong side of this issue. Maybe Hillary's proposal isn't the best solution, but she at least is letting  working class people know that she is fighting for them and will continue to do so. And I think you will see this reflected in today's results. If it was Obama who had proposed a gas tax holiday, there is no doubt that his supporters would be twisting, turning, and singing from the highest rafters in their efforts to sing it's praises.


Obama supporter working to defeat McCain.
by Rumarhazzit on Tue May 06, 2008 at 12:14:11 PM EST
[ Parent ]

Re: Yes, Tom, you are right. The candidate (2.00 / 3)

I think that is a good point.  Words matter.  Clinton has been taking a more economically populist line on many issues lately.  It legitimizes the critique.


by TomP on Tue May 06, 2008 at 12:21:27 PM EST
[ Parent ]

Ain't true, buster. (none / 0)

some of us have morals.

Malicious use of Republican talking points has characterized both of the people who are still in the race.

Either you call them on it , or you don't.

Myself, I know they're both assholes.

I'm going to do my duty, damnation. And that means voting for the best presidential candidate.


His head is bowed. He thinks of men and kings. Yea, when the sick world cries, how can he sleep?
by RisingTide on Tue May 06, 2008 at 01:57:39 PM EST
[ Parent ]

Re: Yes, Tom, you are right. The candidate (2.00 / 1)

I hear what you're saying.  But she only followed McCain's endorsement of the idea, and I have trouble seeing him as a populist.  And then, after her campaign spokesperson said she'd introduce the bill on May 2, she has yet to do it.

http://blogs.wsj.com/washwire/2008/05/02 clinton-to-introduce-gas-tax-holiday-bi ll

http://www.senate.gov/pagelayout/legisla tive/b_three_sections_with_teasers/activ e_leg_page.htm

I don't feel like Obama has dealt with this as aggressively as he could.  In the Illinois legislature, he supported a holiday, and then changed his mind once he realized that the oil companies just took the opportunity and raised prices.

If Hillary wants to give Americans back some of their taxes, allowing it to be funneled through the oil companies is not the way to do it, because the oil companies will take at least half.  Its basically an extremely inefficient tax cut combined with a subsidy of the oil companies.  If you want to give Americans tax relief, it would actually make more sense to just give them a check.    

And then the comment about economists being "elitists"---yeesh, it was like a combination of Rove and Stephen Colbert.  "Screw the studies" essentially, combined with a culture war exhortation that sounds bizarre coming out of the mouth of a Yale-educated lawyer who sat on Wal-Mart's board, was first lady of the US, and is now a leading contender for the Democratic nomination for President.  

I think a windfall tax with Americans getting the checks from that makes more sense than the companies getting a bonus as a reward for gouging Americans at the pump.


John McCain: Healthcare for Kids? In America? No way
by bosdcla14 on Tue May 06, 2008 at 03:28:52 PM EST
[ Parent ]

Re: Yes, Tom, you are right. The candidate (2.00 / 1)

One: one will only save $25-$35 if the rise in demand doesn't just drive the price up to cover the difference.

Two: If you consider $25 over the course of one summer a lot of money, chances are, you either don't own a car, or you wont be driving far enough this summer to even "save" $25 with Clinton's plan.

Three: Why don't you try on Europe's gas tax for size...up to 70%!  Closer to what it should be in my opinion, it might drive the green energy movement a bit.


by jontabb on Tue May 06, 2008 at 04:01:29 PM EST
[ Parent ]

Re: Krugman asks: Is Obama Ad Misrepresenting (2.00 / 2)

Great diary, Tom!

I think the Obama campaign did the right thing by removing the quote. If they use the ad after today's elections, they should be sure only accurate quotes are included, as should any candidate.

I essentially agree with Obama, Krugman, FoE and others, on the gas tax holiday. It's a sham----not a good solution.


http://action.foe.org/content.jsp?conten t_KEY=3339&t=FoE_Action_PAC.dwt

The `gas tax holiday' debate is a defining moment in the presidential race. The two other candidates responded with sham solutions that won't ease pain at the pump, but Senator Obama refused to play that typical Washington game. Instead, Obama called for real solutions that would make transportation more affordable and curb global warming. He showed the courage and candor we expect from a president.


by NCDemAmy on Tue May 06, 2008 at 12:46:05 PM EST
[ Parent ]

Re: Krugman asks: Is Obama Ad Misrepresenting (none / 0)

Josey, she's fighting for the oil companies, dear.  They are the ones who will profit.  You, on the other hand, will get the shaft when your bridges collapse.  But, hey, at least she's DOING something.


by zadura on Tue May 06, 2008 at 04:56:41 PM EST
[ Parent ]

well (2.00 / 4)

Who's right here?  Is the ad "deliberately dishonest"?  Does it matter?

Yes it matters - Considering Obama is trying to run a "new kind of politics"


vote blue in 2008
by sepulvedaj3 on Tue May 06, 2008 at 11:50:42 AM EST

Krugman! (none / 0)

There's nothing I enjoyed more than watching Obama use Krugman's words against Hillary.

It is all too predictable that Krugman went crawling to the Clinton campaign, crying and begging for forgiveness. But it's too late - he's dead to them - just another Judas who didn't tow the Clinton line 110% of the time with no expectation of any reward.


by Democratic Unity on Tue May 06, 2008 at 11:51:40 AM EST

Re: Krugman! (2.00 / 5)

But if his words referred to McCain, is it okay for the Obama campaign to misrepresent them, if that is indeed what is occuring?  Does the end of electing Barack Obama justify the means?  What would not be justified if it helped elect Obama (or, to Clinton supporters, same question re her)

Does it matter to you?


by TomP on Tue May 06, 2008 at 11:57:03 AM EST
[ Parent ]

Murdering another Democrat's chances (none / 0)

is never okay in my book.

And that's why Hillary is dead to me.

Now when either of them apologize for backstabbing Lamont, maybe I'll remember how to smile at 'em.

Till then, they can both go jump in the Monongahela. Seems they're both covered in shit.


His head is bowed. He thinks of men and kings. Yea, when the sick world cries, how can he sleep?
by RisingTide on Tue May 06, 2008 at 01:59:53 PM EST
[ Parent ]

I do not believe that your comment is accurate nor (none / 0)

true.

It was hillary's own choice...

But don't take it from me, I'm just the one who has to deal with the folks who won't vote for no black man.  

Take it from someone who talks a good deal better than me, and knows more history.

http://skepticalbrotha.wordpress.com/

Or, what, you wanted to keep living in that fairy tale world?


His head is bowed. He thinks of men and kings. Yea, when the sick world cries, how can he sleep?
by RisingTide on Tue May 06, 2008 at 03:38:31 PM EST
[ Parent ]

so you support whoever lies you agree with? (none / 0)

how..."special"


by zerosumgame on Tue May 06, 2008 at 12:47:19 PM EST
[ Parent ]

You're really absurd. (none / 0)


Even John McCain lusts after teh engels.
by sricki on Tue May 06, 2008 at 01:43:17 PM EST
[ Parent ]

Is Obama Ad Misrepresenting (2.00 / 4)

It's not like it would be the first time Obama incorrectly cited a source in order to deceive.  Does anyone remember "boon"?

He continued to misuse that quote months after the periodical had issued a direct admonishment of his deceiptive practices.


by bobbank on Tue May 06, 2008 at 11:51:58 AM EST

Krugman is fair and balanced. (2.00 / 4)

He says it like he sees it and when his words are mis-used and twisted (as in politics as usual), he's right to speak up.

'Course I'm sure no one at Obama Central will bother to listen...until, oh, say a week from now.

Hope.  Change.  Bullshit.


by CoyoteCreek on Tue May 06, 2008 at 11:57:14 AM EST

Da, Comrade (none / 0)

But there is no truth in pravda, and there is no pravda in truth.

They are both assholes. Don't let that stay your vote.


His head is bowed. He thinks of men and kings. Yea, when the sick world cries, how can he sleep?
by RisingTide on Tue May 06, 2008 at 02:01:03 PM EST
[ Parent ]

I always appreciate your fairness, Tom. (2.00 / 3)

And I agree. I'm against the gas tax holiday, but the outrage Obama supporters are expressing is a little over the top.


Even John McCain lusts after teh engels.
by sricki on Tue May 06, 2008 at 12:01:51 PM EST

Re: I always appreciate your fairness, Tom. (none / 0)

This sounds like a fair comment. It may be worth remembering that both candidates have gone against the opinion of economists before, with their opposition to NAFTA.


by koszul on Tue May 06, 2008 at 01:45:44 PM EST
[ Parent ]

Is this the same 200 economists? (none / 0)

... curious, I am. Or was it just some of them?


His head is bowed. He thinks of men and kings. Yea, when the sick world cries, how can he sleep?
by RisingTide on Tue May 06, 2008 at 02:01:46 PM EST
[ Parent ]

Re: Krugman asks: Is Obama Ad Misrepresenting My (2.00 / 1)

Lord forbid that something or someone actually helps lower income white families...


by Iceblinkjm on Tue May 06, 2008 at 12:13:39 PM EST

Re: Krugman asks: Is Obama Ad Misrepresenting My (none / 0)

What about lower income Latino or black families?


Consider that everything which happens, happens justly, and if thou observest carefully, thou wilt find it to be so. -Marcus Aurelius
by Blue Neponset on Tue May 06, 2008 at 12:21:21 PM EST
[ Parent ]

Re: Krugman asks: Is Obama Ad Misrepresenting My (2.00 / 0)

Sorry meant to say low income families.


by Iceblinkjm on Tue May 06, 2008 at 12:26:43 PM EST
[ Parent ]

Re: Krugman asks: Is Obama Ad Misrepresenting My (none / 0)

sure ya did


John McCain's pick-up line is, 'Did you know that 150 is the new 130?'"
by wellinformed on Tue May 06, 2008 at 01:31:13 PM EST
[ Parent ]

Re: Krugman asks: Is Obama Ad Misrepresenting My (none / 0)

well its obvious they only support lower income whites  


John McCain's pick-up line is, 'Did you know that 150 is the new 130?'"
by wellinformed on Tue May 06, 2008 at 01:25:50 PM EST
[ Parent ]

Krugman asks: Is Obama Ad Misrepresenting (2.00 / 2)

The issue on this post is not about the gas tax holiday, even though you have to concede, if B O proposed it, voters still would benefit from not paying the tax as well.

But the issue is did Obama falsely claim Krugmans comments and wrongly accuse him of false claims against Hillary's plan.  And the issue is without a doubt YES, as he consistently does, including false NAFTA attacks ads and his rebirth of Harry and Louise to attack Hillary's Universal Health Care.

Does this matter?  Of course it does.  Especially if one wants to claim his campaign would be above such low and gutter politics.  Again something he false claims against Hillary, when it's Obama's own conduct and no one could claim, not honestly anyhow, that Hillary has resorted to these false claims of attack ads and mailers.  She has not mischaracterized Obama's policies or outright lie as he has.  And being one of Obama's attack themes is to always claim Hillary is doing the negative attacking, when it is him, and the media keeps riding the negative attcks, of course they should cover this............but, as Krugman points out, it's Obama doing it, so they probably won't.


by LindaSFNM on Tue May 06, 2008 at 12:26:15 PM EST

Do your credibility some good, pal (none / 0)

cite instances where your pony isn't the one getting whipped.

You know, like that 'trial lawyer' bit.

;-)


His head is bowed. He thinks of men and kings. Yea, when the sick world cries, how can he sleep?
by RisingTide on Tue May 06, 2008 at 02:03:08 PM EST
[ Parent ]

Did it sound like I needed you piling on? (none / 0)

;-) Seriously. They are both assholes, and i'd vote for either of them.

But i'd rather see Obama/Clarke any day of the week (or obama/sibelius, which is substantially more likely)


His head is bowed. He thinks of men and kings. Yea, when the sick world cries, how can he sleep?
by RisingTide on Tue May 06, 2008 at 03:31:25 PM EST
[ Parent ]

Thanks. (2.00 / 4)

Thanks for a thoughtful and civil post.  I think my position is pretty much the same as yours - I like the idea of a windfall profits tax, but think that the gas tax holiday is more problematic.  

I do worry about the impact of gas (AND FOOD) prices on my neighbors, but at least this stuff is happening in spring - the return of victory gardens, anyone?  I'm only half kidding.  I am definitely planting more vegetables this year.

See, I live in a rural state without much in the way of public transportation, where median incomes are still quite low and many people drive long distances to work.   Once example: last year through a volunteer project, I met a young woman from the southern coalfields who spend at least 6-8 months commuting 160 miles round trip from Williamson to Huntington to and from a $10 an hour telemarketing job.  Why?  - well, in Williamson she couldn't find anything earning more than the minimum wage, and nothing with benefits.  By the time I met her, she'd managed to scrape together enough money to make to Huntington and so no longer had that commute, but it took quite a while for her to save enough money for her damage and utility deposits and first month's rent. Oh, and by moving, she lost her mom as a built-in babysitter.   She was really driven, and managed to start college (part-time) last fall.  But imagine if gas prices had spiked like this before she had scraped together enough to cover her first month in a new place without much in the way of a support network?  How on earth could she justify the commute to her $10/hour job?  

There are just loads of people in my state and region who are on the sheer economic margins and who have long commutes not because they decided to move out into exurbs to afford a larger and newer McMansion with better granite and upgraded travertine, but because they can't afford to move, because they have deep family and cultural ties to their rural community, because they own a piece of land and a home that they couldn't sell even if they wanted to and couldn't scrape the means together to purchase something in a larger town, closer to work, because they have kids, friends, neighbors, parents, great-great-grandparents or even graveyards to tend.

Both Clinton and Obama have energy plans that will help these communities in the long term - right?  Increased fuel efficiency, more and more thorough research into viable and efficient biofuels, not limited to corn ethanol, et cetera, et cetera.  We're still hurting in the short term.  

I'm quite sure that I am more charitable to the candidate I support (Clinton), than I might otherwise be on the issue.  Specifically, if popular support for a temporary summer gas tax holiday meant that our politicos had to summon the political will to pass an excess profits tax on Big Oil in order to get a popular gas tax holiday passed (...with, as Sen. Obama joked back in 2000, big signs on every gas pump saying "Congress decreased your gas prices!" Heh.) it might be worthwhile - because the gas tax holiday would end at summer's end, while the excess profits tax would continue, and could be redirected to green energy, energy efficiency.  


by mgee on Tue May 06, 2008 at 12:33:38 PM EST

Thank you for sharing (2.00 / 3)

that story.

It is why we need real action for economic fairness.  The Great Class Stratification we have experienced since 1980 or so is not an abstract thing to study in school or elsewhere.  It is real and it affects people's lives every day.

That's what the Two Americas are.  It's why we need a democrat in the white House and why we need to keep reminding our elected officals that Americans deserve better.  We need jobs, union jobs.  Growing unions is a key thing.  We also need universal health care.  


by TomP on Tue May 06, 2008 at 01:11:37 PM EST
[ Parent ]

Thank you for your honesty (none / 0)

in recognizing that your opinions are biased by whom you support. I try not to let mine be, but ... sometimes it doesn't help ;-)

I definitely hear what you're saying, and we do have plans to help people -- but I'm not sure how much will ever be economically feasible for hardcore Appalachia. Not saying that the gov't won't do it anyhow. But the best solution is to eliminate the need for transportation (high speed internet).


His head is bowed. He thinks of men and kings. Yea, when the sick world cries, how can he sleep?
by RisingTide on Tue May 06, 2008 at 03:34:58 PM EST
[ Parent ]

looks like someone had a "talking to" (none / 0)

Why do I get the Feeling Krugman got the same "intense" phone call Richardson did?

I think HRC sent Carville to rough up Krugman

I think Krugman will have a more favorable view of the gas tax. I wonder if he still think her Idea is pointless and dissapointing?

the Clintons do not play nice


John McCain's pick-up line is, 'Did you know that 150 is the new 130?'"
by wellinformed on Tue May 06, 2008 at 01:30:38 PM EST

Oh yeah. (2.00 / 1)

I'm sure the Clintons threatened him. Right.

I hope you were being sarcastic. If you weren't, I hope you realize how ridiculous and paranoid you sound.


Even John McCain lusts after teh engels.
by sricki on Tue May 06, 2008 at 01:40:02 PM EST
[ Parent ]

Re: Oh yeah. (none / 0)

well by reading the whole thing  Krugman did not see Obama's ad  so that leads me so someone must
have told him about the ad now he is changing his position he is not saying anything negative about Hillary's plan now ... originally he said Pointless and dissapointing now he is saying it "harmless"?  how do you explain that?
John McCain's pick-up line is, 'Did you know that 150 is the new 130?'"
by wellinformed on Tue May 06, 2008 at 02:01:09 PM EST
[ Parent ]

Re: Oh yeah. (2.00 / 1)

The words harmless, pointless, and disappointing aren't necessarily contradictory. Apparently Krugman thinks the gas tax holiday is all three. Do you honestly think the Clintons threatened him? If so, you need to do a bit of soul-searching and ask yourself, "Am I a frigging moron?"

You might be surprised by the answer.


Even John McCain lusts after teh engels.
by sricki on Tue May 06, 2008 at 02:11:19 PM EST
[ Parent ]

Re: Oh yeah. (none / 0)

what do you think she said to gov richardson

during their "intense" phone call ? the night before he endorsed Obama ??

and what about Joe Andrews  comments about the Clintons and how they tried to itimimdate him into no endorsing?

and I guess you were suprised when you asked yourself "Am I a frigging moron?"


John McCain's pick-up line is, 'Did you know that 150 is the new 130?'"
by wellinformed on Tue May 06, 2008 at 04:48:24 PM EST
[ Parent ]

Re: Oh yeah. (none / 0)

There's no point in arguing with someone like you. You're a Hillary-hater, and you think wild speculation is acceptable, as long as Clinton-bashing is involved.

You also think it's funny when people's dogs die. You're a nasty person in general, and your opinion is utterly worthless.


Even John McCain lusts after teh engels.
by sricki on Tue May 06, 2008 at 04:53:00 PM EST
[ Parent ]

My criteria for determining intellectual honesty (2.00 / 3)

1. Krugman, who wrote the article, is in a better position than anyone else to evaluate wether or not he is being used by the Obama campaign in an honest or dishonest manner.

2. To the extent that the Obama campaign is using Krugman's words to portray Clinton's gas tax holiday as harmful rather than merely useless, it is dishonest.

I think it matters in the same context that Obama uses his latest and most negative campaign ad to date to criticize negative campaign ads, a contradiction in terms which amounts to wanting to have it both ways, a tactic Obama has labeled politics as usual and says he rejects.

The idealistic and cerebrally abstract Obama is just as conflicted as anyone else would be when cast in the real life role of a politician in real political trouble, and just as daunted at the prospect of paying the price to remain true to those ideals.


by phoenixdreamz on Tue May 06, 2008 at 01:31:15 PM EST

Re: My criteria for determining intellectual hones (2.00 / 1)

Getting people to use more gasoline IS harmful...not just useless, just ask Al Gore.


by jontabb on Tue May 06, 2008 at 04:02:38 PM EST
[ Parent ]

But is the 18 cents really going to do that (2.00 / 1)

when the price is over $4.00?  

Like I said, I don't like the idea, but I tend to agree with Krugman that it is not that big of a deal.


by TomP on Tue May 06, 2008 at 04:10:48 PM EST
[ Parent ]

Here's Krugman's original quote (none / 0)

The McCain/Clinton gas tax proposal comes too late for that. So it's Econ 101: the tax cut really goes to the oil companies.

The Clinton twist is that she proposes paying for the revenue loss with an excess profits tax on oil companies. In one pocket, out the other. So it's pointless, not evil. But it is pointless, and disappointing.

Now it's much more difficult to get an excess profits tax through Congress than it is to get a tax holiday passed. Therefore the most likely outcome of Clinton's proposal isn't that much different than McCain's - removing the federal excise tax will increase oil company profits.

by kjblair2 on Tue May 06, 2008 at 05:03:51 PM EST

I forgot to add... (none / 0)

that removing the excise tax will have very little impact in what price you'll pay for gas at the pump. When you have a situation where the ability to increase the supply is limited, the price you pay is determined almost solely on the demand. Unless you reduce the demand, monkeying around with excise taxes isn't going to change how much money it takes to fill up your tank. (But it does impact how much money we have to spend on roadwork.)


by kjblair2 on Tue May 06, 2008 at 05:08:39 PM EST
[ Parent ]

On interesting read on the gas tax (none / 0)

http://www.salon.com/opinion/feature/200 8/05/06/gas_tax/

the author makes some interesting points, including a brushing aside of the notion that a drop in price of 16 or so cents will so spur demand it will drive up prices.  He speculates it would take a 2 dollar drop to change demand enough for "supply and demand" to kick in, given our current gas reserves.

He also makes the point that while the AVERAGE American driver might only realize a $25 saving across the summer alot of heavy drivers would see a significant savings.  That would include those who commute from small towns and the exhurbs to job in the city who can't afford a hybrid, those who drive for a living like salesmen, agents, contractors and may independent businesspersons.

The last interesting point he makes is about the Illinois gas tax cut that Obama voted for three times then decided it was a bad idea.  The point is (Salon has the link) the Illinois tax holiday was a success.


Sexism is real.
by grassrootsorganizer on Tue May 06, 2008 at 05:22:46 PM EST

Re: On interesting read on the gas tax (none / 0)

You can only realize a savings if the price of gas drops as a result of the tax holiday. Even Krugman realizes that a tax holiday will have little impact on the price you pay at the pump. Implementing an excess profit tax on the oil companies is much more difficult than passing a tax holiday. The most likely outcome from Clinton's proposal is that she'll only get part passed and we'll end up with McCain's plan in the end.


by kjblair2 on Tue May 06, 2008 at 10:44:03 PM EST
[ Parent ]


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