This Modern Age

Posts Tagged ‘David Fredosso

David Freddoso on Democratic Position on Gas Prices

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At NRO, David Freddoso tidily sums up the current Liberal Democrat position on gas prices:

Idea Number One: High gasoline prices are good. A high price, imposed through federal carbon taxes or carbon caps, is precisely the mechanism by which Democrats hope to curb carbon emissions. We know that this mechanism works because it is already working: As gas prices rise, American consumption is down right now, year over year (a historical rarity). CO2 emissions from gasoline are down from 2007 by a modest 84,000 tons, or roughly 2 percent.

Idea Number Two: High gasoline prices are bad. With constituents irate over gasoline prices that are pushing $5 a gallon, Democrats complain that high prices are a bad thing. They have dreamed up a number of boogie men responsible for high prices and drafted silver-bullet bills to kill them off.

This is more a case of cynicism than irrationality, however. Democrats only pretend to believe in Idea Number Two. Their presidential nominee, Barack Obama, lamented in mid-June that high gasoline prices have hurt Americans, but he later gave a much more accurate representation of the party line: “I think that I would have preferred a more gradual adjustment,” he said in an MSNBC interview.

Have fun sorting that out with the voters…

Written by thismodernage

July 17, 2008 at 5:06 pm