Aaargghh!
Over the past 2 days, I heard Treasury Secretary John Snow, CNBC commentator James Cramer, and several other heads engage in Orwellian Newspeak, claiming: “OIL PRICES ARE A TAX ON CONSUMERS .”
I’ve addressed this extensively in the past, and you can (and should) read it here:
Oil price rises are not tax increases
Enough of this nonsense!
Oil prices!!
I don’t care what it is or isn’t – I just want to be able to afford to fill my tank! It’s almost $2.60/gallon here!! Link: The Big Picture: Oil prices are not Taxes!!.