Rebates Solve Industry Problems?
One person on a MSNBC story (not cited here) called it one of the worst ideas in history. The idea that Senate Republicans has come up with is to give tax-payers a $100 rebate to help fend off the gas crisis (story: http://www.msnbc.msn.com/id/12509275/).
One: How in the frak will that work? The problem is gas prices are hitting an all-time high, even when you account inflation. So, how will giving people another $100 help lower prices. Only people like me, who doesn't drive most of the year (I left my car at home while I'm going to college) will see any kind of profit from that. For people who drive regularly, it will barely dent the hit we're taking.
Two: This will seriously dent the fiscal problems even more. The US government is already running a huge deficit, and this would put it further in the red. I just think it would be smarter to save our money on, I don't know...REAL SOLUTIONS.
Three: Also on the bill is, once again, an attempt to open up the Alaskan wildlife refuge for oil drilling. Yup, another attempt to get this legislation through. Can't they just take the message that this isn't a good idea.
The actual problem: we're hitting all time high on gas prices with no real perception of gas shortages. You can go to any gas station and, barring station specific issues (like maintenance or traffic), can easily fuel for your SUV. Back in the 70's, stations were closed because they lacked their product; this just isn't the case for this crisis.
One: How in the frak will that work? The problem is gas prices are hitting an all-time high, even when you account inflation. So, how will giving people another $100 help lower prices. Only people like me, who doesn't drive most of the year (I left my car at home while I'm going to college) will see any kind of profit from that. For people who drive regularly, it will barely dent the hit we're taking.
Two: This will seriously dent the fiscal problems even more. The US government is already running a huge deficit, and this would put it further in the red. I just think it would be smarter to save our money on, I don't know...REAL SOLUTIONS.
Three: Also on the bill is, once again, an attempt to open up the Alaskan wildlife refuge for oil drilling. Yup, another attempt to get this legislation through. Can't they just take the message that this isn't a good idea.
The actual problem: we're hitting all time high on gas prices with no real perception of gas shortages. You can go to any gas station and, barring station specific issues (like maintenance or traffic), can easily fuel for your SUV. Back in the 70's, stations were closed because they lacked their product; this just isn't the case for this crisis.
posted by SeanM at 7:46 PM
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