Maybe the Masses Want Actual Opium This Time
This, from The New York Times, is truly inspiring: Americans are telling their Congressfolk that they don't want rebate checks.
Under the proposal, $100 checks would be sent late this summer to an estimated 100 million taxpayers, regardless of car ownership. Single taxpayers with adjusted gross incomes above about $146,000 would be ineligible for the checks, as would couples earning more than about $219,000. The $100 figure was determined by Mr. Frist's office, which calculated that the average driver would pay about $11 per month in federal gas taxes over nine months.
…
But disapproval started flowing in almost as soon as the idea surfaced, said aides in several Republican offices. One senior aide to a Southern lawmaker said the calls were surprisingly harsh. Some complained that the rebate would amount to only two fill-ups at the gas station.
A few excerpts really don't do justice to the stupidity practically oozing from the rebate supporters quoted here–senators, consultants, pollsters.
If you're interested in oil-related hysteria, check out Tim Cavanaugh's column on the subject or Ronald Bailey's May cover story on peak oil.
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