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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (228012)	4/6/2005 11:22:34 AM
From: Road Walker	Read Replies (1) of 1573582

re: The issue at question is if government intervention to initiate a large change such as trying to replace almost all cars in the US with hybrids within 10 or 15 years would be good for the economy, or a good idea in general. In principle, it's not a bad thing to structure taxes to achieve political or economic objectives. Every tax has winners and losers and is meant to benefit a portion of society. A tax based on fuel consumption is a good idea. Presumably gas purchases would go down, feeding new money into the economy. Also, with reduced demand, the commodity price of oil should go down, compounding the effect. I think I read that oil represents ~25% of our trade deficit, so reduced consumption helps in that regard. Politically, we can import a larger percentage of oil from friendly countries, instead of being at the mercy of the marketplace and forced to deal with "enemies". "Enemies" that could cut us off at their political whim. Sorry if I repeated anyone else's arguments. I haven't been following this discussion. John

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