Larry Kudlow
Drill, Drill, Drill Is Working
Thursday, August 7, 2008 5:45 PM
By: Larry Kudlow
As Sen. John McCain and the GOP leadership nationalize the drill, drill, drill message, the Republican Party might conceivably be riding a summer political rally. The question of offshore drilling, along with expanded domestic energy production, has suddenly become the biggest political and economic wedge issue of this election. Is there a Republican tsunami in the making?
According to the major polls, McCain has overcome a big deficit to pull even with Barack Obama. Meanwhile, according to a Rasmussen survey, Democratic Party identification has slumped.
While Republicans on the House floor shouted "vote, vote, vote" and "lower gas prices," the Democratic majority turned off the lights, cameras and microphones. Determined Republican Senate leader Mitch McConnell offered unanimous-consent requests to vote on lifting the ban on deep-water exploration, and the Democrats objected. When McConnell asked Democrats if they'd overturn the ban at $4.50 a gallon, they replied, "No." When he raised the price to $5, $7 and $10, they cried, "No," "no" and "no."
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