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Old 09-14-2008, 11:09 AM
 
Location: Charlotte
12,646 posts, read 13,896,263 times
Reputation: 1679

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"McCain now says he wants the tax cuts that he voted against to become permanent. Excuse me? His defense? He says to return to the old rate now would amount to a tax hike."

"True, it would be a tax hike but why is that bad? It's bad, he says, because it would hurt the economy. Well, how could it possibly hurt the economy? If it hurts the economy to have a tax cut, then you must admit that that's the exact opposite of when you cut taxes. You should have voted for it in the first place because if it hurts the economy to raise taxes, it must help the economy to lower taxes. And if the cut was bad, why would you want to keep it. If the cut only benefits the very wealthy and hurt the middle class, why would you want to keep it?"

"And the Awful vilification of the rich eat the rich, the guy might as well be John Edwards. I think tomorrow we should play "Name that John." Is it John Edwards or John McCain."
Source

We know Glen, We don't know who this guy is either, he's certainly out of touch on the economy.

Last edited by walidm; 09-14-2008 at 11:55 AM..
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Old 09-14-2008, 11:26 AM
 
Location: London UK & Florida USA
7,922 posts, read 7,819,282 times
Reputation: 2035
Soo right Walidm. Pandering comes to mind. McCains economy package is not sustainable and he will be losing more than he can gain. The only people who will suffer from McCains tax cuts is the poor and middle America.
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Old 09-14-2008, 11:31 AM
 
10,604 posts, read 14,129,393 times
Reputation: 17198
Ahhh if everything was so black and white. Going back to JANUARY is not so relevant anymore. A couple things have changed. And Glenn Beck pretty much supports McCain now and LOVES PALIN.

Try this on the economy:

All OBAMA is doing is funding his programs. We all know this and are against big government plain and simple.

Obama's change could cost big bucks | Philadelphia Inquirer | 09/14/2008 (http://www.philly.com/inquirer/opinion/20080914_Obama_s_change_could_cost_big_bucks.html - broken link)
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Old 09-14-2008, 11:45 AM
 
1,162 posts, read 1,881,181 times
Reputation: 354
The tax cuts were working just as they did under Reagan and JFK. The housing issue messed things up. Bush can't be blamed for that completely since it started with Clinton

Bill Clinton's drive to increase homeownership went way too far - BusinessWeek
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Old 09-14-2008, 11:49 AM
 
Location: London UK & Florida USA
7,922 posts, read 7,819,282 times
Reputation: 2035
America is now in the worst mess it's been in since the depression. Maybe more of the same will make it better........NOT!
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Old 09-14-2008, 12:19 PM
 
Location: Charlotte
12,646 posts, read 13,896,263 times
Reputation: 1679
Of course it is, and Republicans are so brainwashed with the "no big Government" mantra they don't even understand what real Republicans stand for - LIMITED GOVERNMENT.
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Old 09-14-2008, 12:32 PM
 
Location: London UK & Florida USA
7,922 posts, read 7,819,282 times
Reputation: 2035
Private companies are there only for private companies. America is now run by Big private companies. No concern about the Citizen, just the bank balance. The problem is that once the Big Companies have "raped" the citizen of every penny that they have we get financial failure. The Govt. then has to step in to save their ass*s. Only people to lose are the normal hard working American Citizen.
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Old 09-14-2008, 12:34 PM
 
Location: Tennessee
34,599 posts, read 33,585,802 times
Reputation: 51703
Quote:
Originally Posted by runswithscissors View Post
Ahhh if everything was so black and white. Going back to JANUARY is not so relevant anymore. A couple things have changed. And Glenn Beck pretty much supports McCain now and LOVES PALIN.
The first time I ever saw Palin she was on Glenn Beck's TV show back in June or May. Has regular CNN ever run that tape since McCain chose her as his running mate? She was primarily on Beck's show to talk about energy.
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Old 09-14-2008, 12:38 PM
 
Location: Sacramento
13,781 posts, read 23,758,379 times
Reputation: 6174
Quote:
Originally Posted by walidm View Post
"McCain now says he wants the tax cuts that he voted against to become permanent. Excuse me? His defense? He says to return to the old rate now would amount to a tax hike."

"True, it would be a tax hike but why is that bad? It's bad, he says, because it would hurt the economy. Well, how could it possibly hurt the economy? If it hurts the economy to have a tax cut, then you must admit that that's the exact opposite of when you cut taxes. You should have voted for it in the first place because if it hurts the economy to raise taxes, it must help the economy to lower taxes. And if the cut was bad, why would you want to keep it. If the cut only benefits the very wealthy and hurt the middle class, why would you want to keep it?"

"And the Awful vilification of the rich eat the rich, the guy might as well be John Edwards. I think tomorrow we should play "Name that John." Is it John Edwards or John McCain."
Source

We know Glen, We don't know who this guy is either, he's certainly out of touch on the economy.
I believe Obama was originally running his campaign on recinding the Bush tax cuts, and subsequently decided to retain them:

Obama has change of heart about Bush tax cuts as polls favor McCain | Midwest Voices

Guess everyone now agrees that Bush made a good decision here...
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Old 09-14-2008, 12:39 PM
 
Location: Charlotte
12,646 posts, read 13,896,263 times
Reputation: 1679
Lincoln told us the Purpose of Government was to do collectively what we could not do as well individually. The Republicans have forgotten this. The Government is founded on liberal principals, that are focused through conservative Republican values - freedoms protected through enforcement of the Constitution and limited Government, this has nothing to do with the size of Government and so that whole propaganda message is disingenuous and garbage.
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