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Originally posted by Mmmm, Burger (C.J.)
Friedman is doing a really bad job of plagarizing from Gregg Easterbrook, who himself did a pretty poor job (yesterday) of plagarizing from Kerry, or really, the same economists that struck Kerry 10 years ago as the appealing flavor of the month.
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Friedman has never had an original thought in his life, or at least none that I'm aware of. He's responsible for mixing the potions that others concoct, and injecting it into the vein of the Zeitgeist.
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There is simply no way that had we imposed a 50c gas tax last year we would not see gas prices that are, approximately, 50c higher today. Maybe 47c higher.
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Stop trying to confuse us all with your economics mumbo-jumbo.
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Toyota can't turn out enough Priuses (no, not Prii) as it is.
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Which is all the more remarkable if you've ever seen one of the recent models and have an appreciation for just how ugly they are. (FB cross-post!)
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And, BTW, why they hell do we have to spend any gas tax revenue on something, other than cutting other taxes?
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That $200 billion we spent on Iraq? An opportunity missed for another tax cut!
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(ETA: I'll note, only out of curiousity, that a gallon of milk runs $2.50 to $3.00, and a gallon of spring water is upwards of $1.99 most places. Where's the outrage? Where?)
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In Wisconsin, where they have cars that run on milk, they are quite outraged, I tell you what.