Loony Time-onmics

August 1980
National Review;8/22/1980, Vol. 32 Issue 17, p1002
The article reflects on an emergency conservation tax for gasoline proposed by the editorial board of the newspaper "New York Times." It highlights the events that transpired before gasoline reached the price of $1.25 a gallon. It stresses the implications of the proposed conservation tax for the U.S. economy. It speculates on the possible introduction of a new entitlement system.


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