RichieC wrote:
And when gas prices inevitably go back up, it will make heating, goods, manufacturing and everything that much more expensive forever, especially those at the bottom income levels, because this will never come off.
You all are forgetting the other side of the ledger. If the oil tax were invested into improving our infrastructure by building an alternative t***sportation network - an electric high speed rail system - run on domestically produced renewable energy, the net benefit to the economy (in addition to hugely benefiting the entire human race by getting off our addiction to climate damaging f****l f**ls) would be tremendous, as it would increase economic efficiencies to alleviate part of the traffic congestion problem and move people from point a to point b much faster and cheaper with WAY LESS ENERGY USE PER PERSON.
Think about the huge economic stimulus that Eisenhower's Interstate Highway System was when it was started in the 1950's. Naysayers at the time screamed about the "massive boondogle and waste of taxpayer money" to undertake the most massive infrastructure project in the nation's history at the time. But economists pointed out at the time, correctly, that the net effect would be hugely beneficial, and the tax money invested WELL WORTH IT. And they were right. Economically speaking, that massive infrastructure project created HUGE economic stimulus.