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May 6th, 2008
05:01 PM ET

Why can’t Democrats make up their minds?

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(PHOTO CREDIT: GETTY IMAGES)

FROM CNN's Jack Cafferty:

Here's something that might surprise you: After a 16-month, often bruising fight between Hillary Clinton and Barack Obama, most Democrats aren't eager for either candidate to drop out of the race. After all the contests and debates, speeches and TV commercials, fliers and phone calls, the Democrats want the suffering to continue.

A new USA Today-Gallup poll finds 60% of Democrats say Clinton and Obama should keep campaigning. Of those who want a speedier resolution, 23% say Clinton should give it up and only 15% say Obama should drop out.

There had been calls for Clinton to get out of the race a while back, but they've quieted down some since her strong performances in Ohio and Pennsylvania. It's looking increasingly unlikely the party will have a nominee until the uncommitted superdelegates weigh in.

This poll also shows most Democrats think the superdelegates should commit to a candidate by the end of June, which is what the party chairman Howard Dean is calling for. Only about a quarter say the superdelegates should be able to decide at the party's convention in August.

All this seems to suggest Democrats aren't too worried about the Clinton-Obama contest tearing the party apart. Instead, there seems to be a willingness to allow the rest of the voters to have their say.

Here’s my question to you: Why can't the Democrats make up their minds?

Interested to know which ones made it on air?

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Filed under: Barack Obama • Democratic Race • Hillary Clinton
May 6th, 2008
02:02 PM ET

200 economists criticize gas-tax holiday

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Click the Play Button to see what Jack and our viewers had to say. (PHOTO CREDIT: AP PHOTO)

FROM CNN's Jack Cafferty:

What are the chances 200 economists would know more about the gas-tax holiday proposals of John McCain and Hillary Clinton? Clinton and McCain would like to buy your vote for somewhere between $28 and $70, which is how much you would save if their idea ever happens... which it won't. If it does, I will eat an Exxon station.

The economists – including four Nobel Prize winners, advisers to past presidents and Republicans as well as Democrats (some of whom are Clinton supporters) – signed a letter rejecting the candidates' plans for the summertime tax relief.

They say it would simply generate major profits for oil companies, instead of significantly lowering prices for consumers. Also, they say it would encourage people to keep buying expensive imported oil, instead of conserving. Lastly, they believe such a tax holiday wouldn't provide much relief for families who feel squeezed by current economic conditions.

Barack Obama has said all along this is nothing more than a political "gimmick." Top House Democrats – including Speaker Nancy Pelosi and Chairman of the Financial Services Committee Barney Frank – have also come out against these proposals.

But, Clinton and McCain don't seem to be paying much attention to the critics. Meanwhile Goldman Sachs is out with a report today that crude oil could rise to as much as $200 per barrel within the next 2 years. Where are Clinton and McCain on that? The answer is: nowhere. They're trying to buy your vote for 18 cents a gallon for three months.

Here’s my question to you: What does it mean when more than 200 economists say the McCain-Clinton gas-tax holiday is a bad idea?

Interested to know which ones made it on air?

FULL POST


Filed under: Oil Prices