Debtor Democrats

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Here’s how scared of the oil lobby state Democrats are:

Democratic leaders have proposed eliminating the oil franchise fee Gov. Jim Doyle proposed to help fund transportation projects and instead replace it with a combination of revenue streams and bonding.

OK, maybe the Dems aren’t scared of the oil lobby, they’re scared of voters, who have been duped into believing that gas taxes are more sadistic than any other tax. Hence, rather than propose a meaningless tax on something that is pitifully undertaxed, the state will sell more bonds and put the government deeper into debt. Here’s the sad part: the Dems aren’t necessarily worried about the oil lobby, they’re scared of voters. Voters put an unrealistically high value on gas prices, hence, any officeholder who votes in favor of raising gas prices, no matter how little (4 cents a gallon) is politically vulnerable.

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