McCain and the gas tax

President Bush today signed a bipartisan bill that transferred 8 billion dollars to the federal highway trust fund to avoid the bankruptcy of the fund caused by decreased collections. The fund was going broke because of declining collections caused by the recent spike in gas prices. This bailout (financed undoubtedly by additional borrowing from China et al) was necessary because state construction projects would have been disrupted with a resulting loss of over 300,000 jobs.

I am not sure how, or if, John McCain voted on this bill and I have seen no comments from his campaign on this subject. Just imagine what would have happened if John McCain had been in charge and his proposal for a summer federal gas tax holiday had been adopted. This is just further proof that John McCain just doesn't get it when it comes to the economy or economics.