"Make a new plan, Stan
You don’t need to be coy, Roy
Just get yourself free
Hop on the bus, Gus
You don’t need to discuss much
Just drop off the key, Lee
And get yourself free"
Message to Republican Congress guys and gals-JUMP SHIP NOW
Okay some of you are not all that vulnerable as you were elected or returned to your senate seat last fall and have a period of time to distance yourself from any mistakes your party makes as the holder of executive office. The mistake that is contemplated could turn out to be the mother of all goofiness.
Reps and senators up at the next general election should be giving this some thought. Also, that not rare species, presidential hopefuls should be thinking about this too.
You do not want to be caught in anyway being associated with the president if there is going to be an Iran adventure. The Persians are not likely to look on this kindly and could close the Straits of Hormuz and that might send a barrel of petroleum to $250. Now that is roughly five times the current price. So if five times the barrel price is $250, the equivalent (caution, I am no econoist and am guesstimating) at the pump might be around a tenner.
Now, my Rpublican solon friends, if this comes to pass, let us guess how you will be perceived. I do not think the term "Skunk at a lawn party" is at all too harsh. So it wasn't your idea. Tell that to the voters!
Keep in mind, I do not consider you as any better or worse than the Dems, but they will not be tarred with the same brush. Information from Econbrowser. Hat tip Dennis Mangan.