Economists often complain that they are ignored when they make policy recommendations, or recommend against policies they believe are ineffective, inefficient, or counterproductive. A large number of economists have signed a joint letter objecting to the gas tax holiday proposed by Sens. John McCain (R-AZ) and Hillary Clinton (D-NY).
Clinton has responded saying “I’m not going to put my lot in with economists.” This remark appears to have been widely interpreted as a dismissal of the economics profession with respect to its area of specific expertise. An alternative interpretation is that she believes economists have little or no expertise with respect to politics, and the value of a gas tax holiday is political, not economic.