This is clear, simple economics. It won't work. There is a reason you can't find a single economist to back her plan.
And Clinton is the candidate best prepared to improve the economy? The very Clinton that won't take advice from economists?
She's buying votes. Even if it is passed (it won't be), the windfall tax will likely raise the price of gas by approximately what you save from the tax. That $30 savings probably won't even be that much.
lets say they do remove the tax, whats stopping the price of gas from rising? what,taxing the oil companies keeps the price of gas low,i don't think so, the tax on the oil company would just roll over to the consumer via higher gas prices!!!!
Obama is a joke! Transparency went out the window in my view when he HID Rev. Wright in the basement the day he announced! Uniter went out the window when his campaign said Bill Clinton was being racists in saying BO's voting record on the war was a fairytale (it was, he never voted against the war, not once when the time came that he could)He deceived many on his true feelings with the bitter comment and his black theology! He is nothing he promised to be. Vote smart, vote Hillary!
1) Funds from windfall profit taxes take away from Clinton's own renewable energy research fund.
2) It has no realistic chance of being passed (by Reps or Dems)
3) The benefits would be minimal - $0.19 per gallon. (90 days*1.5 gal/day*$0.19 = $25 per consumer. ooh! two pizzas). Though transport benefits might trickle to other industries.
4) If oil companies are forced to pay for this, why might they not just raise prices to compensate?
Thanks you are well educated and you know your math alot of Clinton Supporters just hear we are going to save money on gas and thats it they don't do the math it only benefits people thats driving Max trucks but thats not such a great deal either let them feel up their gas tanks and go across a shaky bridge and we will see them on the news stuck in a pot hole or hanging from a bridge I hope this doesn't happen but some people need to wake up
Obama just doesn't get it! He is SO out of touch it's scary. Thank goodness Hillary has the strength and commitment to give to this country. She is so resilient, so tested, and so qualified to lead this nation. VOTE HILLARY!!
Come on basic economics. As price is lowered demand will increase causing the price to rise to equal the demand. In the end you save basically nothing. Why not come up with long term solution that actually works. Hillary is just trying to get some votes from most people like you who don't understand a damn thing.
Obama sat and listened to Wright for 20 years, you can't tell me he doesn't agree to much of his ideas otherwise he would have been gone a long time ago. Obama,,go home. There is enough prejudice in the world without having a closet bigot in the Whitehouse.
Yes, he was a member of the church for 20 years but when are you Right Wing Neocons going to accept the fact that the comments that were played over and over where never heard by him in person. Records prove that he was not even in Chicago when these comments were made. Get over it.
You don't think Obama knew about these comments and how Wright felt about American regardless of the fact that Obama wasn't sitting in the front row at church? Give me a break! Obama is a fraud!
Hillary is the candidate that really cares about the American people-- the working class people that are having such a hard time now. At least she's proposed something that could provide some short-term relief, as well as an idea as to how to make up the short-fall in infrastructure revenues. Obama's just above it all, hanging out with the elites somewhere-- you know, those folks with plenty of gas money.
OMG...yes, she cared so much that she wants to give you $28 back over 3 months that you might get IF Exxon doesn't decide to take it for themselves in the price at the pump. She loves you so much that they sold jobs out from under us with NAFTA and China. These things didn't happen AFTER BUSH..they happened from Bush I to Clinton and to Bush II. You've got some kind of short term memory issue PSGhon.
so, you have two gas stations...one sells gas for $3.00 a gallon and one sells it for $3.18. which one are you going to go to?
i see the obamabots like to leave off the part about the windfall profits tax. if the oil companies are going to be penalized for raising the price of gas, they're not going to do it.
Hillary Clinton would not suggest a short term gas tax break unless she felt she could pull it off.HILLARY CLINTON CARES DEEPLY ABOUT THE AMERICAN PEOPLE. She has proven it throughout the years, You cannot take that from her.
the only people that should favor a gas-tax holiday are oil companies and people that are going to die in the next 5 years and don't care about what happens when they are gone. stupid woman. old age is not an excuse for ignorance.
So... you remove the tax. Then you have Big Oil offset that price by levying it on them so Uncle Sam still gets that money. Then Big Oil passes the additional cost right back to the consumer and around and around we go.
That's the kind of politics the Clinton's promote...sound bite politics without any basis or opportunity for educating. I'm surprised the poster allowed comments or rating...most Billarians don't. I guess they are not into free speech.
Tax incidence theory (google it) predicts a tax holiday will do nothing to relieve the cost. Worse yet, what happens when we try to reinstate the tax? HRC is pandering, plain and simple. Bloomberg (who understands economics) blasted her.
Old Lady: "We're 'short-termers' and therefore don't care what sorts of negative effects this would have...please forget about the rest of the country and give us some money!"
Well, that's a dumb video, as it misses his entire response to her. He was not speechless -- he just thought the lady's laughter was funny. He had an excellent response, consistent with every single expert, the Mayor of New York, the Governor of New York, and the Speaker of the House.
Obama's response was what everbody else is saying (and has been saying for years) that there is guarantee that the savings will transfer to consumers. In fact, every time it has been implemented (the gas tax) to see its effect, there has never been any savings an acctually hurts the consumer more.
There is no such thing as a free lunch.
This is clear, simple economics. It won't work. There is a reason you can't find a single economist to back her plan.
And Clinton is the candidate best prepared to improve the economy? The very Clinton that won't take advice from economists?
She's buying votes. Even if it is passed (it won't be), the windfall tax will likely raise the price of gas by approximately what you save from the tax. That $30 savings probably won't even be that much.
winvistainfo 3 years ago
rogerpenna 3 years ago
what are you americans whining about? You have some of the CHEAPEST gas in the world!
just dump your god damn SUVs, buy compact economic cars, and go live near your jobs instead of 100 miles away in a god damn exurb.
rogerpenna 3 years ago
lets say they do remove the tax, whats stopping the price of gas from rising? what,taxing the oil companies keeps the price of gas low,i don't think so, the tax on the oil company would just roll over to the consumer via higher gas prices!!!!
neimad14 3 years ago
that laugh is the laugh of fear
can't mistake that, obama supporter or not
wonder why
threelegduck 3 years ago
Obama is a joke! Transparency went out the window in my view when he HID Rev. Wright in the basement the day he announced! Uniter went out the window when his campaign said Bill Clinton was being racists in saying BO's voting record on the war was a fairytale (it was, he never voted against the war, not once when the time came that he could)He deceived many on his true feelings with the bitter comment and his black theology! He is nothing he promised to be. Vote smart, vote Hillary!
daisymom4 3 years ago
1) Funds from windfall profit taxes take away from Clinton's own renewable energy research fund.
2) It has no realistic chance of being passed (by Reps or Dems)
3) The benefits would be minimal - $0.19 per gallon. (90 days*1.5 gal/day*$0.19 = $25 per consumer. ooh! two pizzas). Though transport benefits might trickle to other industries.
4) If oil companies are forced to pay for this, why might they not just raise prices to compensate?
5) We need to LOWER demand, not raise it.
*smart? *
acslater017 3 years ago 2
Thanks you are well educated and you know your math alot of Clinton Supporters just hear we are going to save money on gas and thats it they don't do the math it only benefits people thats driving Max trucks but thats not such a great deal either let them feel up their gas tanks and go across a shaky bridge and we will see them on the news stuck in a pot hole or hanging from a bridge I hope this doesn't happen but some people need to wake up
4getwhatuheard 3 years ago
I love that woman! Did you hear his laugh? Something about it sends tingles up my spine. I got a bad feeling about him.
bigsofo1 3 years ago
Cause it's so easy to just tax the oil companies and prevent them from jacking up gas prices in response.
error9900 3 years ago
That woman is sharp. Obama should of realized he was talking to some seniors who don't get swindled by people who come to her door.
Nothing is going to be done about gas after all - at the very least why not save some money at the pump now and actually see results.
shonester 3 years ago
Jeeze, it's not that hard of a question to ask. Just ask the friggin question.
darthpiplup 3 years ago
A summer gas tax holiday would cost the Federal Transportation Fund $9billion...or 1 week of the amount spent funding the War in Iraq.
...the War John Mccain now admits we are fighting for Oil.
Can Hillary and McCain by your vote for as cheaply as $35?
dogstar7 3 years ago
God, he is such an elitist. What a fake stupid laugh.
LJSNAustin 3 years ago
HAHAHAHAHAHAHAHAHHAHAHAHAHAHA...that's a real laugh. At you. Your comment is dumb.
willisdyer 3 years ago
$28 to $30 on the course of 3 month.
come on, this saving it is a joke.
OBAMA 08
theevilgirl 3 years ago
Obama on Gas Tax Holiday & "Mission Accomplished" 5th anniversary
davidschaefers 3 years ago
check out his response by clicking on the related clip...
Obama on Gas Tax Holiday & "Mission Accomplished" 5th anniversary
davidschaefers 3 years ago
Comment removed
jalexander05 3 years ago
Obama just doesn't get it! He is SO out of touch it's scary. Thank goodness Hillary has the strength and commitment to give to this country. She is so resilient, so tested, and so qualified to lead this nation. VOTE HILLARY!!
Ailgaic 3 years ago
Come on basic economics. As price is lowered demand will increase causing the price to rise to equal the demand. In the end you save basically nothing. Why not come up with long term solution that actually works. Hillary is just trying to get some votes from most people like you who don't understand a damn thing.
ripperj81 3 years ago
yup 21 years sitting in that church...come on obama america is not stupid.
eventvisionsinc 3 years ago
20 YEARS.
uney1992 3 years ago
Obama sat and listened to Wright for 20 years, you can't tell me he doesn't agree to much of his ideas otherwise he would have been gone a long time ago. Obama,,go home. There is enough prejudice in the world without having a closet bigot in the Whitehouse.
debzntx 3 years ago
Yes, he was a member of the church for 20 years but when are you Right Wing Neocons going to accept the fact that the comments that were played over and over where never heard by him in person. Records prove that he was not even in Chicago when these comments were made. Get over it.
slick2hold 3 years ago
You don't think Obama knew about these comments and how Wright felt about American regardless of the fact that Obama wasn't sitting in the front row at church? Give me a break! Obama is a fraud!
echavajm1978 3 years ago
He sat in that church for 20 years.
duncan2ginobili 3 years ago
The tsunami of us ShortTermers will be evident in November!!!As of now we are soooooo
invisible to the DNC.
Disinfranchised 3 years ago
Hillary is the candidate that really cares about the American people-- the working class people that are having such a hard time now. At least she's proposed something that could provide some short-term relief, as well as an idea as to how to make up the short-fall in infrastructure revenues. Obama's just above it all, hanging out with the elites somewhere-- you know, those folks with plenty of gas money.
PSGhon 3 years ago 2
OMG...yes, she cared so much that she wants to give you $28 back over 3 months that you might get IF Exxon doesn't decide to take it for themselves in the price at the pump. She loves you so much that they sold jobs out from under us with NAFTA and China. These things didn't happen AFTER BUSH..they happened from Bush I to Clinton and to Bush II. You've got some kind of short term memory issue PSGhon.
yrallihon 3 years ago
so, you have two gas stations...one sells gas for $3.00 a gallon and one sells it for $3.18. which one are you going to go to?
i see the obamabots like to leave off the part about the windfall profits tax. if the oil companies are going to be penalized for raising the price of gas, they're not going to do it.
jillieji 3 years ago 5
Hillary Clinton would not suggest a short term gas tax break unless she felt she could pull it off.HILLARY CLINTON CARES DEEPLY ABOUT THE AMERICAN PEOPLE. She has proven it throughout the years, You cannot take that from her.
GKM911 3 years ago 4
true.if it couldn't happen she wouldnt propose it.which makes me wonder why Obama isnt in favor of a gas tax holiday.
cavspunk08 3 years ago 3
Hussein Obama,ur sucks.
peakarach 3 years ago
the only people that should favor a gas-tax holiday are oil companies and people that are going to die in the next 5 years and don't care about what happens when they are gone. stupid woman. old age is not an excuse for ignorance.
Cogitoski 3 years ago
there's no excuse for your ignorance either.
annatubehanna 3 years ago
ignorance of what exactly?
Cogitoski 3 years ago
So... you remove the tax. Then you have Big Oil offset that price by levying it on them so Uncle Sam still gets that money. Then Big Oil passes the additional cost right back to the consumer and around and around we go.
ryptide 3 years ago
That's the kind of politics the Clinton's promote...sound bite politics without any basis or opportunity for educating. I'm surprised the poster allowed comments or rating...most Billarians don't. I guess they are not into free speech.
yrallihon 3 years ago
and obama is into Rev. Wright speech.
Quit now Obama get out now and do the country a favor.
annatubehanna 3 years ago 2
Tax incidence theory (google it) predicts a tax holiday will do nothing to relieve the cost. Worse yet, what happens when we try to reinstate the tax? HRC is pandering, plain and simple. Bloomberg (who understands economics) blasted her.
cacaduk 3 years ago
Old Lady: "We're 'short-termers' and therefore don't care what sorts of negative effects this would have...please forget about the rest of the country and give us some money!"
I would laugh at that too
heathj82 3 years ago 4
Well, that's a dumb video, as it misses his entire response to her. He was not speechless -- he just thought the lady's laughter was funny. He had an excellent response, consistent with every single expert, the Mayor of New York, the Governor of New York, and the Speaker of the House.
Canadian4Obama 3 years ago
Obama's response was what everbody else is saying (and has been saying for years) that there is guarantee that the savings will transfer to consumers. In fact, every time it has been implemented (the gas tax) to see its effect, there has never been any savings an acctually hurts the consumer more.
joeytj 3 years ago 5
very nice lady but really, what was the response?
dubyacee 3 years ago
Where's the response?
Why cut it there?
VenicDred 3 years ago
LOL I guess that left him speechless something is better than nothing.
REDFIREGT500 3 years ago
What a sweetheart she is =)
What was his response?
b0yotu 3 years ago 4