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Discussion in 'Politics' started by KenH, May 4, 2008.
Gee that was fun. A reading exercise leading nowhere..thanx Ken.
It's proven history that a "windfall profits tax" will increase foreign oil imports and decrease domestic production.
One of the champions of this brand of economic idiocy is Barak Obama. Another is Hillary Clinton. If they didn't fail economics 101, they failed history or reading comprehension.
The really dangerous part is that both of theses fools want to be president.
Suprisingly, the conservative Stephen Spruiell at National Review seems to think that the proposed tax suspension on gas is silly:
I agree with The Editors at NRO on:
As do I.
Obama and Hillary's "windfall profits tax" idea is just as silly and far more dangerous to the economy as a whole.