Bill Saporito has a few good lines about the topic in his piece this week for Time.
He reports that Karl Rove recommended recently to GOP congressional-staff chiefs that they wait out the current controversy over soaring gas prices. Rove suggested higher prices would reduce demand (imagine that), then prices would fall.
“It’s basic economics,” Saporito writes.
“And, if you’re a Republican politician facing a re-election challenge in November, it’s basic insanity. Rove should be the last person in America to have to be told that textbook economics isn’t taking the trip this summer with political reality.”
Later Saporito pokes fun at GOP pandering on the issue, then aims his pen at Democrats, too.
“Handed the issue that could win back the House, congressional Democrats steered en masse to service stations, like NASCAR drivers pitting for gas. Following a carefully strategized plan of photo ops organized by the Democratic Congressional Campaign Committee, they staged press conferences in filling stations around the U.S. to denounce the Republicans and promote their equally ineffectual solutions.”
