It’s the Broken Clock Phenomena!

Here is Friedman today:

According to the energy economist Phil Verleger, a $1 tax on gasoline and diesel fuel would raise about $140 billion a year. If I had that money, I’d devote 45 cents of each dollar to pay down the deficit and satisfy the debt hawks, 45 cents to pay for new health care and 10 cents to cushion the burden of such a tax on the poor and on those who need to drive long distances.

Such a tax would make our economy healthier by reducing the deficit, by stimulating the renewable energy industry, by strengthening the dollar through shrinking oil imports and by helping to shift the burden of health care away from business to government so our companies can compete better globally. Such a tax would make our population healthier by expanding health care and reducing emissions. Such a tax would make our national-security healthier by shrinking our dependence on oil from countries that have drawn a bull’s-eye on our backs and by increasing our leverage over petro-dictators, like those in Iran, Russia and Venezuela, through shrinking their oil incomes.

In sum, we would be physically healthier, economically healthier and strategically healthier. And yet, amazingly, even talking about such a tax is “off the table” in Washington. You can’t mention it. But sending your neighbor’s son or daughter to risk their lives in Afghanistan? No problem. Talk away. Pound your chest.

I am often shocked when I agree with anything “The World is Flat” guy says, but it gives me hope!