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are you liberal or libertarian? liberals support giving the government a blank check and trusting them to do the right thing.
Quote:
Originally Posted by ian6479
Well, I'd consider myself more liberal than conservative and I have an honors degree in economics. The truth is most of us don't understand the complexities of the current situation.. not even economic experts.
In my opinion, Mccain has a traditional economic policy that might enhance long term growth more than Obama's, but for right now, its a lot more risky and unrealistic. Its all well and good proposing growth enhancing measures for businesses large and small (to provide employment), and lower taxes equalling lower prices, competition, and spending, BUT the lower and middle class have been f****d by the current administration who have implemented a uniquely conservative model of fiscal policy.
The strings need to be tightened, and the corporate spending needs regulating. Obama's economic plan does allow for growth, but will boost the middle class rather than allowing fat cats to get fatter. Its a no win situation for either candidate as the road will be painfull (and not only for the US), but Obama's plan is more realistic for this situation (IMO). He also intends to focus on long term priorities in affordable healthcare, and alternative energy... something that will be even ore painfull in the long term if investment is not implemented now.
Well, I'd consider myself more liberal than conservative and I have an honors degree in economics. The truth is most of us don't understand the complexities of the current situation.. not even economic experts.
In my opinion, Mccain has a traditional economic policy that might enhance long term growth more than Obama's, but for right now, its a lot more risky and unrealistic. Its all well and good proposing growth enhancing measures for businesses large and small (to provide employment), and lower taxes equalling lower prices, competition, and spending, BUT the lower and middle class have been f****d by the current administration who have implemented a uniquely conservative model of fiscal policy.
The strings need to be tightened, and the corporate spending needs regulating. Obama's economic plan does allow for growth, but will boost the middle class rather than allowing fat cats to get fatter. Its a no win situation for either candidate as the road will be painfull (and not only for the US), but Obama's plan is more realistic for this situation (IMO). He also intends to focus on long term priorities in affordable healthcare, and alternative energy... something that will be even ore painfull in the long term if investment is not implemented now.
Thanks for the clear explanation!
Would you mean expounding on a point for me? The one sticking point I have had with obama, is his stance that he can still provide entitlement programs with only minimal tax increases. Now, granted math is not my thing --- but this doesn't make sense to me. How can he still do healthcare, job training, college aid plus all the usual federal entitlement programs? I don't mind having to suffer, if I knew there was a plan to get us out of the hole we are currently in.
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