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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (191412)10/12/2001 12:21:13 PM
From: DuckTapeSunroof  Respond to of 769669
 
I guess you got the idea out of thin air... I didn't propose a 'tax' anywhere.

Of course, by keeping us dependent on middle eastern oil we pay a very real 'tax', vastly greater in the long run than it would cost us to eliminate the dependency .

The most recent drop in oil prices returned over $200 billion to the consumer nation economies, far more than the effect of Greenspan's recent pump priming, which gives a fairly good idea of the massive economic effect that even 'minor' swings in oil prices can have.

By doing nothing to promote domestic energy sufficiency (and independence from middle eastern supplies) we are voluntarily submitting to a mammoth 'foreign tax' on our economy measured in the trillions.

... To say nothing of the occasional multi-billion expense we have when we must go to war in the middle east every decade or so, to 'protect the oil'.