Like most people, economists like to argue. However, one idea that almost all economists agree with is: “If you want less of something, tax it. If you want more of something, subsidize it.”
Otto von Bismarck said: “Politics is the art of the possible, the attainable — the art of the next best”
The president of France, Emmanuel Macron, understood the French people would use less gasoline, if he taxed it more. That is true . . . in a perfect world!
In this dirty, messy, imperfect world, it is not possible. Being right is not good enough! If he had compromised by saying something like — your gas tax is going up but the tax on your wine is going down — he might be more popular, instead of less.
Sorry, since “compromise” is a dirty word, I apologize to all parents out there!