Joe Biden made remarks earlier promoting a three-month gas tax holiday, and already he’s getting busted on his proposal.
Even CNN called him out of it being an “optics” move that wouldn’t do much to help and could make inflation even worse.
Biden continued to lie about Putin being the cause of the prices going up as well as lying that he had not inhibited production with his bad policies.
He tried to use the faces of Ukrainians under attack and effectively said if you weren’t supporting his gas tax holiday, you weren’t helping Ukraine.
Talk about the use of propaganda.
Indeed, his continual blaming of Putin for this helps Putin with his people, making it seem like he has more power and influence than he has.
Gas prices are now averaging more than $5 a gallon. But even some Democrats are saying this gas tax holiday simply isn’t a workable idea. So Biden doesn’t even have all the Democrats on this.
Chair of the House Transportation and Infrastructure Committee Pete DeFazio (D-OR) says it’s a bad idea:
“Although well-intentioned, this policy would at best achieve only minuscule relief while blowing a $10 billion hole in the Highway Trust Fund that would need to be filled if we want to continue to fix crumbling bridges, address the spike in traffic deaths, and build a modern infrastructure system.”
DeFazio also noted that if the states did what Biden recommended, that would leave their infrastructure projects in trouble as well.
Biden said that they should get it from someplace other than the Highway Trust Fund. Where, pray tell? That’s typical Biden: “Do what I say, even if it doesn’t make any sense, even if it isn’t possible without harmful effects.”
House Speaker Nancy Pelosi (D-CA) has also spoken out against the idea in the past for different reasons. It’s no doubt one of the only times you will ever hear me utter these words: “I agree with Nancy Pelosi.” She explained that the “cons” to the idea were that there was no guarantee even if the government pauses the gas tax that the benefit will go to the consumer and at the same time, you were pilfering from the trust fund (just as Biden has essentially pilfered from our Strategic Petroleum Reserve, meant to protect us in the event of a true emergency).
“The ‘pro’ is very ‘showbiz,’ ok?” Pelosi said. Paging Joe Biden! You don’t even have Pelosi on this.
Then, of course, the Democrat who has some sense — Sen. Joe Manchin (D-WV), who comes from an important state for energy — is also not on board.
“Now, to do that and put another hole into the budget is something that is very concerning to me, and people need to understand that 18 cents is not going to be straight across the board — it never has been that you’ll see in 18 cents exactly penny-for-penny come off of that price,” Manchin said. [….]
Manchin, who chairs the Senate Energy and Natural Resources Committee took issue with the timing ahead of the fall midterm elections.
“My other would be the political ramification. It goes off at the end of September. Which politician up here is going to be voting to put that 18-cent tax back on a month before the November election? So, we just dig the hole deeper and deeper and deeper,” Manchin said.
But the problem is the whole approach of Biden is wrong and has to change. Not just with temporary, reactionary moves, but to a sustainable stable policy that supports the energy industry rather than attacks it.
This is why everything went south, and this is the Biden attitude that has to change.
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