Stimulus Update
Mark Perry notes an eleventh state where gas prices are below $2/gallon. Holy Cow. If the national average gets down to these levels, that stimulus that Perry and I have been talking about will blow past $300 billion and approach $400 billion.
UPDATE: Don Luskin points out that the windfall profit tax is still high on the priority list, even though crude oil and gas prices have plunged. And I mean plunged. We have a $300 billion stimulus on our hands already, which doesn't include at all the savings that Americans are going to receive on heating their homes this winter, and the oil and gas sector has been slaughtered and these bozos are still wagering this horrible campaign against energy. One can only hope that they just haven't gotten around to updating the website.
UPDATE: Don Luskin points out that the windfall profit tax is still high on the priority list, even though crude oil and gas prices have plunged. And I mean plunged. We have a $300 billion stimulus on our hands already, which doesn't include at all the savings that Americans are going to receive on heating their homes this winter, and the oil and gas sector has been slaughtered and these bozos are still wagering this horrible campaign against energy. One can only hope that they just haven't gotten around to updating the website.
posted by Donny Baseball at 12:50 PM
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