Quote:
Originally posted by Superbelt
The US has no basis to really complain about oil prices.
And the argument that increasing the gas tax would hurt our economy is bunk as well. As an additional 3-4 dollars a gallon tax as a "handicap" and Europe was still able to strengthen their economy against ours.
All an increase in Gas tax like that would do is direct everyone towards mass transit where available and increasingly more fuel efficient cars and trucks.
Hell, I think sports cars in Europe are more fuel efficient than our average car here.
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Europe has not strengthened their economy against ours. European economic growth is anemic at best. Off the top of my head it averages about 1.7% growth for the members of the EU. More favorable exchange rates do not equate to a stronger economy.