Newtie has been promising gas at $2.50 a gallon. Is that feasible? One way to make it happen: everybody in New York and Los Angeles would have to stop driving.
Or you could have the federal gov't subsidize the difference between $2.50 and the current price of gas. Jordan Weissman of The Atlantic says that would only cost $187 billion a year. Peanuts compared to the Bush tax cuts. However, the best way to screw up a market is to subsidize it.
The Box Turtle Bulletin has a Daily Agenda written by Jim Burroway. One item for today is the 40th anniversary of the first city to pass an ordinance to ban employers from firing workers simply for being gay. Yup, way back in 1972 when homosexuality was sill considered a mental illness. That city? Nope, not San Francisco. Try East Lansing. The city was spurred on by students of Michigan State University. Alas, there is a bill currently in the Michigan Legislature to overturn all such city ordinances.
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