Krauthammer is, not surprisingly, more sympathetic to the national security arguments for higher gasoline prices than the environmental ones--Krauthammer remains unconvinced that global warming is man-made. But it is fascinating to see this proposal on the cover of Bill Kristol's magazine. (And yes, one might argue ulterior motives--let a Democrat self-immolate by imposing a gas tax...one wonders where Krauthammer was on this issue the past eight years?)
Still, the simplicity of the thing is beautiful--especially when you compare to the mind-numbing complexity and scam-ability of a cap-and-trade program to limit carbon emissions.
Kinsley also made the case recently. I've long been on board.
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