The oil companies are showing their largest profits ever this year and it has become a major issue in many political campaigns. As part of their “Big Corporation Bad, Little Abused Citizen Good” theme, the Democratic party has been playing on the knee-jerk reactions of many who have not taken the time to do the math. By promising things like a windfall profit tax on “Big Oil,” many Democrats are praying upon the ignorant public’s need to lash out and make someone responsible for the higher prices that they are paying at the pump. The Political Republican would like to set the record straight and do the math for those who have not taken the time to think before they react. In order to make this explanation as simple to follow as possible, The Political Republican will use just the simplest of numbers: Let’s pretend that the federal government...
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