AMERICAN MOTORISTS: “UP YOURS!”
by Becky Burkett
Gregory Mankiw is a professor of economics at Harvard who is advising Mitt Romney - which reminds me of this vintage quote from Ronald Reagan: “An economist is someone who sees something that works in practice and wonders if it would work in theory.”
And Prof. Mankiw has this theory that what America needs right now is to dramatically jack up the cost of gasoline for your car. I kid you not.
“Driving your car is associated with various adverse side effects,” the Liberal-Minded Professor wrote in a recent op-ed published by the New York Times. “These include traffic congestion, accidents, local pollution and global climate change. If the tax on gasoline were higher, people would alter their behavior to drive less.”
Now, let’s be clear what Mitt Romney’s adviser is proposing here: Using the government to financially penalize citizens in order to compel them to do what the government wants them to do. You know, like ObamaCare. Or for that matter, RomneyCare.
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