Temporarily eliminating the gas tax
dimanche 26 juin 2022 à 02:35Biden is backing a foolish method of helping poor Americans afford expensive gasoline: temporarily eliminating the gasoline tax. Making fossil fuels cheaper for their users is the exact opposite of what we need to curb global heating.
The right way to help poor people cope with current high prices for gasoline — and the high cost of living, in general — is to give them some extra money. They will be able to spend that money on gasoline if they need to, but if they conserve gasoline, they will be able to spend it on something else.
Since both methods require Congressional approval, there is no reason at all to choose the foolish method, except that planet-roaster congresscritters might prefer it.
A similar crisis is affecting Ecuador. Massive protests against a planned increase in fuel prices have shut down he country, and the president is responding with repression
The right solution for Ecuador is like the right solution for the US: give the poor extra money to cover the extra costs.