Mike Gravel, as Bryan Caplan explains, is the only one who figures out that a carbon tax increases the price of gas and is willing to tell that to voters. The rest want a combination of jawboning, reducing subsidies, a witch-hunt against anyone making a profit on gas, and forcing people into smaller, more fuel-efficient cars. (Which as noted before will reduce gas tax revenues and cause the junkies to suffer withdrawal. But at least that might reduce push gas prices down.)

Of course, Mr. Gravel will be on the Tommy Thompson bus in short order.

Labels: economics, gas, politics