Repeal the federal gas tax, regardless of oil prices

posted by
March 28, 2011
Liberty For All
by Brian Schwartz  
Posted in Commentary

"The sharp increase in oil prices does not bode well for our finances. It’s not just higher gasoline prices. Spikes in oil prices are correlated with recessions. 'All but one of the 11 postwar recessions were associated with an increase in the price of oil,' writes economist James Hamilton." (03/28/11)  

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