What happened to the Gas Tax vacation?

An empty promise doomed to massive failure down the road when the tax would have to be re-initiated. Imagine re-initiating the tax once gas prices climb to $6.00 or $7.00... Maybe even $10.00 a gallon. The ideas sole purpose was to pander for votes when she needed it most.

Would it have hurt the economy in the long run? Yes, without question.

Does it make Obama look wise? Yes.

It was a stupid idea. If it dropped the price by any amount at all, that would spur demand and the oil companies would raise their prices accordingly. The 'tax cut' would effectively be commandeered by the oil companies, for themselves.

At the same time, the roads would still need to be maintained. If the govt tried to make up the lost revenue by taxing the oil companies directly, the oil companies would simply pass that additional cost onto the consumers.

Yeah it was entirely a gimmick. Obama looked good for avoiding it.

It was a political talking point to get more votes...do you seriously think that while we surrender hundreds of millions of dollars to our transportation systems that the oil companies will be "nice guys", benefiting from the "holiday" and and giving us MAYBE a few cents per gallon? They have nobody to answer to and therefore do not care so why should we just trust them to be gracious when they don't have to and will not anyways? I say nationalize the oil industry and put these CEO's and primary shareholders on trial for Treason...

I just heard on CNN that Cheney said it would not be worth it, and has never been seriously considered. Even many Democrats in congress said it wasn't something they would vote on.

Lousy idea - died at birth. Hillary and McCain both had proposals for this and it was stupid then and it's still stupid...

Kind of dropped off the radar, didn't it?