McCain wants to temporarily suspend the federal gas tax during the summer is on the face of it not a bad idea. Many economists agree that gas prices will rise above the $4 level for much of the country during the summer… in that light while an 18.4 cent savings would be small it would still be welcome by many households across the country.
The down side is being touted in many parts of the media and in some respects I must agree with The New York Times on this one:
“The problem is that lowering gasoline prices at the pump would encourage more consumption. So in the long run, it would push prices up….. Continue reading

















