McCain Proposes Break in Gas Taxes

McCain Proposes Break in Gas Taxes
“To help people weather the downturn immediately, McCain urged Congress to institute a “gas-tax holiday” by suspending the 18.4 cent federal gas tax and 24.4 cent diesel tax from Memorial Day to Labor Day. He also renewed his call for the United States to stop adding to the Strategic Petroleum Reserve and thus lessen to some extent the worldwide demand for oil.”
An amazing pander from an amazing politician. Perhaps we should suspend payments to private oil companies for gas as well. Since the user fee for roads doesn’t need to be paid, neither does the user fee for energy.
We knew he cared about the environment, but it seems, apparently McCain is for global warming.
At least it is a non-starter.

Housing + Transportation Affordability

Center for Neighborhood Technology: Housing + Transportation Affordability Index
An interesting idea, though I don’t really buy the results, since housing as a percentage of income is a choice and there should not be a standard against which we judge this. If I choose to consume more house and less entertainment, who is to say that is “unaffordable”. If housing + transport in the exurbs take a higher share of income than the cities, isn’t that what the exurbanites prefer, and don’t they get better houses than we city folk (i.e. likely to be new with all the amenities and more sq.ft. per person)?