Tuesday, June 24, 2008
Here's a nice quote for you. Faced with a nearly unanimous consensus of energy experts and economists who say that McCain's 180-degree flip-flop on opening up offshore drilling would produce ZERO short-term impact on gas prices (not to mention that fact that it would at most drop gas prices about $0.15 in 10 years), McCain basically admitted today that his proposal is just so much feel-good bulls**t:
"I don't see an immediate relief... [but] exploiting those reserves would have psychological impact that I think is beneficial."
Hmm, to what psychological impact are you referring, Senator McCain? Perhaps to the nice feelings it would engender in the "low-information" electorate who, through ignorance, won't realize that you're peddling a substantially useless and environmentally reckless proposal?
Feh. Here's what The Carpetbagger Report had to say:
McCain believes we have to focus on “practical ideas,” which in this case aren’t actually practical, and won’t have a pragmatic effect. At the same time, we have to worry less about practicality, and consider what might have a “psychological impact” on the country, whether the policy makes sense or not.
The incoherence here is breathtaking. McCain believes drilling is part of a short-term solution. He also believes drilling offers no real short-term solutions. McCain believes a gas-tax holiday will produce big savings for consumers. And no savings for consumers. McCain believes we need pragmatic policies that work. He also believes we need psychic policies that make people happy whether they work or not.
I have no idea what John McCain is talking about. The real question, though, is whether John McCain knows what John McCain is talking about.