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One Hundred Words (16)

June 10, 2008, 11:16 am; posted by Steve
Filed under 100 Words, Steve  | No Comments

Congressional Democrats are idiots. I can’t think of any other way to explain their newest plan to “save us” from high energy prices.

Step One: eliminate tax breaks for domestic production of oil (thus removing what incentive remains to produce it here)

Step Two: institute a “windfall profits” tax on oil companies (thus penalizing shareholders for market forces outside their control)

Add this brilliance to their unflinching refusal to consider drilling for oil off our shores or in ANWR, and you might begin to understand how Congress consistently boasts an approval rating 10 to 15 points lower than even President Bush.

–sm


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