The Corner

The Speaker’s False Promise

Republicans are jumping on Nancy Pelosi for getting the price of gasoline wrong by nearly a dollar in an interview.

I argue today that this is less significant than the fact that her promise to bring down gas prices was already a lie the moment she first uttered it. Pelosi isn’t failing to do something about gasoline for lack of leadership or a plan, but because lower gas prices undercut a hugely important plank in the Democratic platform.

Higher gas prices are an essential part of creating economic disincentives against carbon pollution — that’s the entire point of cap-and-trade, carbon taxes, and other proposed Global Warming fixes. In fact, today’s high prices are already leading to greater conservation. Democratic complaints about gas prices are for election years — that’s all they ever were.