Hard to imagine more self induced debt…

Posted on June 12, 2008. Filed under: Uncategorized |

Just as we have fended off debt in the U.S. driving our own inflation to historic levels…. there is a draft proposal to create a huge loophole to hold $2.25 to $2.60 per gallon for gas through 2020. 
 
Based on standard inflation and use elasticity the “price hold” could push a gasoline debt onto tax payers of over a BILLION dollars* a per day in the first year…. (Use 400 mil gallons per day in U.S.)
 
Please urge our government to use “reality based” economics… at ucsaction.org
 
“Actual costs have not hurt the U.S. economy only the fear of paying it has…”
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