Thread: Boom And Bust
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Old 12-29-2008, 07:02 PM   #14 (permalink)
Clev
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Quote:
Originally Posted by Big Dave View Post
The wise old head knows the price will go down, and come back up, and go down, and come back up, etc…that’s the boom-and-bust cycle in action.

Obviously it is still of value to minimize fuel usage, so that each oscillation affects one to a minimum,

It is tough when the EPA slaps high-MPG types in the face with Tier II.

Also, any increase in taxation, for any reason is unacceptable. If you want to raise the gas tax, you must reduce income taxation accordingly.
Actually, we should raise gasoline taxes to subsidize solar, wind, nuclear and biofuels for transportation. Make the alternatives cheap enough, and people will use less fossil fuels.
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