To keep gas prices down, raise the gas tax

To avoid another big spike in gas prices, raise the gas tax and let market forces go to work.

The big game in Washington these days consists of running around dealing with the problems of the Detroit Three automakers, formerly the Big Three.

But all the to-ing and fro-ing about how (or whether) to keep General Motors (GM, Fortune 500), Ford (F, Fortune 500) and Chrysler out of bankruptcy is ignoring the elephant in the room - lower gasoline prices. As you doubtless know, they've fallen about 50% from the record levels they reached in July, making them one of the few bright spots in our economic picture.

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