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June 18, 2010

Coming from Obamanation: $7 Gasoline

Posted by The MaryHunter at June 18, 2010 8:01 AM

President Obama has decided to dodge responsibility for the Gulf oil disaster by cleverly changing the subject to Cap and Tax. A clutch of esteemed Harvard researchers have determined at least one sobering effect of such legislation.

To meet the Obama administration's targets for cutting greenhouse gas emissions, some researchers say, Americans may have to experience a sobering reality: gas at $7 a gallon.
To reduce carbon dioxide emissions in the transportation sector 14 percent from 2005 levels by 2020, the cost of driving would simply have to increase, according to a report released Thursday by researchers at Harvard's Belfer Center for Science and International Affairs.
Researchers said that vehicle miles traveled will increase by more than 30 percent between 2010 and 2030 unless policymakers increase fuel taxes.
In order to save the planet from a hoax, the Obama Regime is prepared to crush the economy of this nation. Through such gas taxes as predicted by these Hahvaad experts, who gets hurt the most? Those "little people" that the Democrat party claims to "look out for." Will we soon be looking back at these per-gal tax rates with wistful nostalgia as we plod about in our government mandated GM pedal-cars?

Congrats, progressive trolls! This is the very Hope and Change you were voting for.


Hat tip: Free Republic.