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John McCain on the Gas Tax
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| Parent(s) |
Candidate
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| Contributor | ArmyDem |
| Last Edited | ArmyDem Jul 28, 2008 09:11am |
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| Category | Blog Entry |
| News Date | Monday, July 28, 2008 03:00:00 PM UTC0:0 |
| Description | Check out John McCain's argument on ABC today about on how we can make the gas tax work. Offered without comment:
STEPHANOPOULOS: Not a single economist in the country said it’d work.
MCCAIN: Yes. And there’s no economist in the country that knows very well the low-income American who drives the furthest, in the oldest automobile, that sometimes can’t even afford to go to work.
STEPHANOPOULOS: But they all say that . . . the oil companies, the gas companies are going to absorb … any reduction.
MCCAIN: … they say that. But one, it didn’t happen before, and two, we wouldn’t let it happen. We wouldn’t let it — Americans wouldn’t let them absorb that.
STEPHANOPOULOS: How would you prevent that?
MCCAIN: We would make them shamed into it. We, of course, know how to — American public opinion. And we would penalize them, if necessary. But they wouldn’t. They would pass it on. |
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