Gas makes politician brains lighter than air

Jacob Weisberg:

Few topics seem to addle the collective brain of Washington like high gas prices. Politicians who raise this issue can generally be assumed to be partisan, cynical, demagogic, and dishonest. But one must not discount the possibility that something about the subject actually makes them stupid.

With gasoline prices now spiking around $3 a gallon—near their inflation-adjusted 1981 peak—we are witnessing stupidity on wheels....

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A good pox on both their houses rant. When you consider that a tight supply has driven up prices, what sense does it make to encourage consumption by artifically reducing the price? Iran is sufferring the folly of subsidies on gas prices and their response is to ration consumption to less than an gallon a day. Of course in Iran the goverment subsidizes the cost of gas a third of which is imported. Perhaps they will go bankrupt before they get their nukes.