The lede of this Associated Press article on Obama’s renewed call for the end to tax “breaks” to “Big Oil” tells one everything one needs to know about Democrats and gas prices:
Amid rising gasoline prices at the pump, President Barack Obama urged congressional leaders Tuesday to take steps to repeal oil industry tax breaks, reiterating a call he made in his 2012 budget proposal earlier this year. The White House conceded his plan would do nothing in the short term to lower gas prices.
Allow me to translate – As long as government gets the “excess profits”, Obama is perfectly fine with $4 $5 $6 $10/gallon gas, your Memorial Day vacation plans be damned.
Related – National Review’s editors saw this coming just this morning.
Wonderfully pointless attempt on the part of the WH. Sigh.
In other news we’re getting new taxes here all of a sudden…the telecom dereg bill that’s coming down the pipe (thankfully) has a tax on anything that’s not copper wire communication (unthankfully). Guh.