November 30, 2006
IT WAS UNREQUITED ANYWAY:
Costly fuel cools Americans' love for cars (Bruce Nichols , 11/30/06, Reuters)
High gasoline prices not only slowed fuel demand growth and cut sales of gas-guzzling vehicles in 2005, they also prompted Americans to drive less for the first time in 25 years, a consulting group said in a report Thursday.
Posted by Orrin Judd at November 30, 2006 3:20 PM
DUH!
Posted by: Sandy P at November 30, 2006 3:52 PMVery well said Sandy.
Posted by: erp at November 30, 2006 4:20 PMHa Ha Ha!
"The drop in driving was small -- the average American drove 13,657 miles per year in 2005, down from 13,711 miles in 2004."
Wow, a 0.4% drop in driving mileage in response to an ~100% increase (I'm making that particular number up, of course, although it's the correct order-of-magnitude) in price! What an overwhelming correlation!
"The share of U.S. household budgets going to gasoline and oil has been relatively stable for decades, at 3.8 percent in 2006, compared with 3.4 to 3.6 percent in the 1960s."
The last year showed that large gas price fluctuations just don't matter significantly to the economic health of either the average individual family of the nation as a whole (although it did allow a small number of silly innumerates to pretend to have an economic justification for their purchase of a hybrid car).
Posted by: b at November 30, 2006 5:51 PMDouble the price of gas with taxes and you'll get meaningful reductions, as the fall with trivial price increases demonstrates.
Posted by: oj at November 30, 2006 6:08 PMNot a math major, were you? The gas price pretty much did double in the past couple of years. And there was no fall, as the article makes clear. So to think that one doubling leads to zero effect, but another doubling would lead to "meaningful reductions" is pretty silly. You're on much safer ground in arguing for your old position that the price of gas doesn't matter to the economy so we might as well tax the hell out of drivers.
Posted by: b at November 30, 2006 6:41 PMDouble the price of gas with taxes . . .
Double my meaningful TAX CREDITS for not driving as much first, then we'll talk about whether Washington D.C. needs more of my money, thanks.
Posted by: John Resnick at November 30, 2006 7:42 PMConsumption taxes reward you for not consuming. You'll get to keep your income.
Posted by: oj at November 30, 2006 7:57 PMIf we could teach the Government the same lesson about SPENDING, the net result would be the same. So, rather than sending them more money [for whatever altruistic end you may suggest justifies the your means here] let's work on that project first, shall we? How do we reward the Government for NOT consuming tax dollars?
Posted by: John Resnick at November 30, 2006 8:07 PMVote Libertarian. The numbers that party gets reflect the true voter concern over spending.
Posted by: oj at November 30, 2006 8:20 PMRun a candidate on a platform of higher gas taxes and see how you do. You'll be fighting the Libertarians for that 0.05% of the electorate.
Posted by: Bryan at November 30, 2006 8:24 PMOJ: You said TAX. Most voters [the non-libertarians apparently] have figured out that, by the time Sam's confiscated the money, quibbling over how it's squandered is rearranging the deck chairs.
Posted by: John Resnick at November 30, 2006 8:34 PMAnd they don't care. Taxes and spending are too low to matter much to most.
Posted by: oj at November 30, 2006 8:38 PMNo kidding? So let's raise both since nobody cares.
Posted by: John Resnick at November 30, 2006 9:14 PMWhen haven't we?
Posted by: oj at November 30, 2006 9:29 PMRight....just because we can.....
Posted by: John Resnick at November 30, 2006 10:28 PMHigh gas prices won't change behavior - people believed, correctly, that they could come back down; what will change behaviour is a guarentee that they'll stay high.
Posted by: Mike Earl at December 1, 2006 11:03 AMTaxes.
Posted by: oj at December 1, 2006 11:09 AM