Change?! Romney Style

2012 March 9
tags:
by drdog09

You want change? Like in changing it back like what Romney professes to want —

And really never mind that N. Gregory Mankiw, former top economic adviser to President George W. Bush and current adviser to Republican presidential candidate Mitt Romney, also backs a stiff gas tax increase, for essentially the same reasons as Mr. Chu. In a New York Times column this year, Mr. Mankiw offered a tax overhaul that might include a gas tax “exceeding” $2 per gallon. Though Mr. Mankiw was speaking for himself, not Mr. Romney, the GOP is in no position to make that argument, given its current use of Mr. Chu’s comments against Mr. Obama.

Source

This is the same move that Energy Secretary Chu is advocating.

For those that believe that Romney will `change it back`, squelch the thought. Mankiw is Romney’s man and he wants to slap a $2 tax on top of $5 gas! With advise like the above the chances of seeing any sort of positive movement in the conservative direction is a mere illusion.

You want to see an economy crumble? Envision $7 gas in Dallas or $9 in San Fran.

35 Responses leave one →
  1. 2012 March 9 12:09 pm
    [1]
    drdog09 permalink

    MIC,

    I really don’t see where having Romney as President will make one lick of difference if guys like Mankiw are going to be in the inner circle.

  2. 2012 March 9 12:50 pm
    [2]
    MI Conservative permalink

    This is the first I’ve seen this and I am not happy with it.

    And my first impulse is not mad at Romney for two reasons.

    1. I’d like to hear him say he agrees with $2.00 tax on gas or not.

    and

    2. I’m more pissed at the MSM for the $hit they ask in debates and then skip important items like this. This and about ten other items that they refuse to cover.

    Hopefully (somehow) questions can be asked of all the candidiates about this. What a mess this country is in.

  3. 2012 March 9 12:53 pm
    [3]
    MI Conservative permalink

    It reminds me of an energy debate just north of wheere I live.

    Wind turbines placed in farmers fields. Farmers are paid huge money for 20 years right now. Servicing the turbines is huge bucks plus maintaing and changing roads to get to them, Cost to get the emergy to local powere plant cost s more.

    You add it all up …………….the wind turbines can never pay for themselves but the government wants them. Even with the price per kilowatt it can never make a profit.

  4. 2012 March 9 12:56 pm
    [4]
    MI Conservative permalink

    Now drdog if you think this is going to make me run over and sign onto Newt or Rick campaign at this point (sorry) you are deeply mistaken. 🙂

    But I appreciate the post in a calm, professional manner without a bunch of KOS like dribble!

  5. 2012 March 9 1:02 pm
    [5]
    6thLetterIZkooky permalink

    Getting advice and ideas from different people is really not a big idea, it says it was part of a tax overhaul, and George W Bush never proposed this, so Mankiw obviously thinks it is not the only way to go. For all we know, they asked him “how could you make the cost of gasoline to be so high that you could cut consumption in half?” or something like that. He keeps his own blog so you can visit it to see what he thinks. He had this posted there, pretty funny considering the unemployment numbers came out today.
    http://gregmankiw.blogspot.com/2012/02/abbott-and-costello-explain.html

  6. 2012 March 9 1:08 pm
    [6]
    drdog09 permalink

    MIC,

    Didn’t expect it to change your mind. Just maybe to keep an open one. My views have gone all over the map as the primaries progressed. I am almost down to Pox-on-all-of-Them. But Romney is not the cure for what ails us. He’s castor oil for what needs to be a tetanus shot.

  7. 2012 March 9 1:19 pm
    [7]

    He’s castor oil for what needs to be an enema.

  8. 2012 March 9 1:31 pm
    [8]
    drdog09 permalink

    Zkooky,

    Hold onto your wallet when economists quote exteranlities. Its a free play zone of statistical aberrations. Here’s Mankiw again — http://www.moneynews.com/StreetTalk/Harvard-Mankiw-Gasoline-Taxes/2012/01/24/id/425277 and he uses the exteranalities canard.

    What’s wrong with that approach? Well you can heap unrelated, indefinable social costs to a product or activity without a true consideration of source. Also of import is that most economists merely stop at the first order considerations of social cost. For example Mankiw considers it fine that smog and health effects are legitimate negative cost factors to driving a car. They are. But what about second order? Not a peep.

    What would be a second order cost? If gas were $6/gal then hundreds at Walt Disney World Orlando would lose their jobs as the place empties out. That translates to loss of tax revenue, increased State expense due to unemployment costs, loss of health insurance, increased chance of a % becoming sick or dying as a consequence, additional foreclosures and an consequence value loss in the neighborhood as the property degrades, etc. Second order costs are generally harder to quantify that is why economists rarely do it. But the fact of the matter is in many cases those costs can be higher in total dollar terms than first order costs because they are many and the multipler affect behind them is broader than first order costs.

  9. 2012 March 9 1:32 pm
    [9]
    drdog09 permalink

    7,

    I stand corrected. But of course.

  10. 2012 March 9 1:56 pm
    [10]
    justrand permalink

    the media (read: “Obama Campaign”) is going to tout “StayCations” this Summer…making $5.00+ gasoline out to be a FEATURE!

    The reality is that some local attractions WILL do better (Disneyland Anaheim, for example, has a huge population base they can attract).

    Others that are NOT surrounded by a huge metroplex (Orlando, Vegas…most National Parks, etc…) will have dramatically reduced patronage. And the airlines will be jacking their prices up to match the price of fuel as well.

    We are about to go from being a people who travel, to a people increasingly isolated by the cost of traveling. And this fits Obama’s plans as well.

  11. 2012 March 9 2:07 pm
    [11]
    6thLetterIZkooky permalink

    drdog09,
    Thanks for your response. To be honest, any Harvard professor advising our President (whomever it may be) makes me shudder. They are so damn smart, they know what’s better for us than we do!
    In terms of Romney, I still think if he wins, his options will be so limited, that he will have to start CUTTING first and foremost. At least back to pre-TARP levels, where we were running $400 billion deficits. That is a joke in and of itself, but can you imagine the howls from the left. After that, just freeze spending for several years. Oh well, we shall see!
    How did you like Abbott and Costello? I thought that was pretty good.

  12. 2012 March 9 2:08 pm
    [12]
    MI Conservative permalink

    I have to travel a few times this summer but not real long trips. Detroit and Buffalo a couple of times and not looking forward to gas prices.

    But as I get older I sorta like sittin on the deck and watchin’ the Rest of the World Go By! Playing with the dog, working in the garden, watching the birds and butterflies, reading a few magazines or books.

    WTF? Waas that me? I must be DRUNK!

  13. 2012 March 9 2:24 pm
    [13]
    drdog09 permalink

    WTF? Waas that me? I must be DRUNK! — MIC

    Come 5:00 I will try to catch up with ya!

  14. 2012 March 9 2:31 pm
    [14]
    justrand permalink

    Cheers!! 🙂

  15. 2012 March 9 2:37 pm
    [15]
    justrand permalink

    O/T…prompted by a comment on another site

    We have gone from “Keep the government out of the bedroom” to “Hey government, c’mon in and bring the condoms!!”

    The Dims are in process of making Saint Fluke THE poster child for their campaign. Instead of women valuing their privacy and NOT wanting the government to have anything to do with their sex lives…they are NOW saying that women should want to the government to be RESPONSIBLE for their sex lives. Pathetic!!

  16. 2012 March 9 3:00 pm
    [16]
    drdog09 permalink

    Kinda goes against the grain of why the feminist movement started doesn’t it? Not that the feminists today recognize the irony of what they have traded. From being dependent on a husband to being dependent on an uncle.

  17. 2012 March 9 3:05 pm
    [18]
    bc3b permalink

    If Romney is smart, he would advoid taking advice from former members of the Bush 41 or Bush 43 administrations, both of which were pretty mush failures.

    Perhaps Romney has made a “deal with the devil” (aka Bushies) and it’s too late to back out. But, if there’s anything that will get GOP voters excited, it’s a robo call from an 85 year old woman with a 125 year old face.

  18. 2012 March 9 3:08 pm
    [19]
    drdog09 permalink

  19. 2012 March 9 3:09 pm
    [20]
    bc3b permalink

    O/T: Apparently 90+ Iraqi teens have been stoned to death because of “emo” haircuts in recent months.

    With the exception of infrastructure improvements, neither Iraq nor Afghanistan will have changed at all once we move out. I fear all those lives and limbs may have been sacraficed for nothing.

    Yet, McCain, Lucy Graham and the neocons are gung ho about supporting the Syrian rebels.

  20. 2012 March 9 3:12 pm
    [21]
    bc3b permalink

    Apparently the Broncos are high on Peyton Manning’s list, which may mean our buddy Tim Tebow may be moving on.

    Given the high cost of Manning (salary plus bonus coming due), the only type team Manning makes sense for is a veteran team that needs a great VETERAN QB so they can contend for the Super Bowl within a “window of time.” That doesn’t exactly describe the Broncos, whose wideouts hardly remind anyone of Harrison or Wayne..

  21. 2012 March 9 3:44 pm
    [22]

    “And my first impulse is not mad at Romney for two reasons.”

    LOL!!!

    Of course not.

    P.S. Santorum within 8 of Mittens

    -RAS

  22. 2012 March 9 3:46 pm
    [23]

    BC,

    The elder Manning said to ESPN that there is NO way Payton goes to play in the NFC.

    It’s another AFC team or retire.

  23. 2012 March 9 3:59 pm
    [24]
    bc3b permalink

    The teams I have heard he is interested in are Miami, Denver, Washington, Arizona,
    New York Jets and Seattle.

    I don’t see where it makes a difference whether he plays in the NFC or the AFC. Pro football is not like Major League Baseball, where the leagues actually have different rules and the strategy is very different.

    Some QBs have made a change and led their new teams to the Super Bowl (Warner and Favre), but many, including Montana, were nothing special after they moved on. Heck, Warner didn’t make it to the NFL until the twilight of his career.

    Colts are doing a lot more cutting:

    http://www.nfl.com/news/story/09000d5d8277e93f/article/colts-release-te-clark-rb-addai-three-others

    The Colts have the first pick and will probably go with Luck although the success Newton has had may cause they to consider Griffin because he’s the same type QB.

  24. 2012 March 9 4:19 pm
    [25]

    “I don’t see where it makes a difference whether he plays in the NFC or the AFC”

    Payton has said many times that he will not play in the same conference as his brother.

  25. 2012 March 9 4:20 pm
    [26]

    The teams I have heard he is interested in are Miami, Denver, New York Jets, Houston, Baltimore, Oakland, Tennessee.

  26. 2012 March 9 4:38 pm
    [27]
    bc3b permalink

    “Payton has said many times that he will not play in the same conference as his brother.”

    As long as he stays out of the NFC East, he wouldn’t play against Eli that much. The Rams and the Vikings play the Giants about as often as the Colts do.

  27. 2012 March 9 4:41 pm
    [28]
    bc3b permalink

    They just showed Bill Clinton at the Cincinnati-Syracuse Big East Playoff Game.

  28. 2012 March 9 4:45 pm
    [29]
    bc3b permalink

    Team Mitt has spent $17.14 per primary vote so far:

    http://swampland.time.com/2012/03/08/mitt-romneys-high-cost-per-vote-17-14/

  29. 2012 March 9 5:42 pm
    [30]

    “As long as he stays out of the NFC East”

    No Manning Bowl then.

  30. 2012 March 9 5:43 pm
    [31]

    They just showed Newt Gingrich at the Cincinnati-Syracuse Big East Playoff Game.

  31. 2012 March 9 7:19 pm
    [34]
    Wylie E. Coyote permalink

    “I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” – Thomas Jefferson

  32. 2012 March 10 6:27 am
    [35]
    justrand permalink

    excellent articlde on Saint Fluke, Patron Saint of Bullcrap

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