What happens when politicians try to look like they’re fixing high gas prices without actually fixing them? Justin Wolfers explains why a federal gas tax holiday is bad economics, good theater, and a gift to oil companies. 

In a follow-up to his explainer episode, Justin answers audience questions about windfall taxes, what smarter relief could look like, whether a diesel tax holiday make any more sense, and why gas prices carry so much psychological weight in American politics.

Like and review for more clear-eyed economics with Justin Wolfers.

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