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Democrats want to send $300 a month stimulus checks to families to make up for sky-high gas prices

March 24, 2022 | | Print Article

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Some congressional Democrats are reportedly looking to double-down on inflation by spending up to an additional $300 per family to ostensibly reduce the American people’s gas-price woes.

The so-called gas stimulus, as it’s being called, would “provide middle-class Americans with monthly payments to ease the financial burden of this global crisis,” according to a statement from California Rep. Mike Thompson, one of three Democrats pushing the idea.

The other two Democrats are Reps. Lauren Underwood and John Larson.

If signed into law, their bill would grant each eligible American $100, in addition to $100 per dependent, each month, reportedly up to a maximum of $300, up until gas prices fall below $4 per gallon.

“Americans are feeling the impact at the pump of Vladimir Putin’s illegal invasion of Ukraine, and right now we must work together on commonsense policy solutions to ease the financial burden that my constituents are feeling,” Thompson’s statement, published last week, continued.

Notice how he sought to blame current gas prices on Russian President Vladimir Putin instead of the party and leader that most experts say bears the brunt of the blame: the Biden administration.

Criticism is already mounting against the bill, with members of the public claiming it’ll just worsen inflation and thus further exacerbate the crisis:

Members of the public are reportedly correct.

Reason magazine notes that “handing out government money to thwart high gas prices is like—pardon the pun—pouring gasoline on a fire.”

Why? Because “[m]ore government spending means more inflation,” and “[m]ore consumers getting ‘free gas’ means more gas purchases and, again, more inflation.”

FYI, this is economics 101.

A better solution, according to Reason magazine, would be what Georgia and Maryland, two Republican-led states, are doing — “temporarily forgo[ing] their cut of gas sales so that people can pay less when filling up their tanks.”

Lawmakers in Illinois, Massachusetts, Maine, Michigan, Minnesota, New York and Tennessee are reportedly also considering this plan of action.

The worst solution appears to be that being offered by California, where Gov. Gavin Newsom has proposed doling out stimulus payments of $400 per vehicle up to a maximum of $800.

This solution is also being bashed, even more so than the solution offered by Thompson, Underwood, and Larson.

Look:

Note what one critic wrote about how “at some point, you’ll have to realize that things are just getting worse and worse” under Newsom’s far-left policies.

The fact is that California already boasts the highest gas prices in the nation. Yet the state’s far-left governor still enjoys a 48 percent plurality approval rate, according to a U.C. Berkeley Institute of Governmental Studies poll published in February, as reported at the time by Sacramento station KXTV.

To be fair, it’s slipped by 16 points since September of 2020. But it’s still been high enough for him to win his recall election last year and for him to potentially win his reelection bid come November …

Vivek Saxena
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