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Right to McCain: Your New Economic Plan Stinks

October 14, 2008 RSS Feed Print

John McCain unveiled several new economic ideas today to help the struggling economy. The feedback I am getting from pro-growth types on the right is not good. Many had hoped McCain would unveil some sort of new middle-class tax cuts on income or investments, perhaps a zero capital gains tax rate to appeal to all those hurting 401k investors. The logic is this: What's really going to hurt homeowners is the loss of a job. We may be facing the worse downturn in a generation. Why not a broad tax cut like we had in 1981?

I asked McCain economic adviser Douglas Holtz-Eakin that very question today during a conference call. He didn't answer it. He said something about how McCain is going to take steps that are "in the best interests of the American people," particularly seniors and homeowners, and how these new steps will show Americans that they have "a government that is responding" to their needs. Hoo boy. I can already predict the E-mails I'm going to get: "None of what McCain is proposing will help return the economy to prosperity. They just make the downturn a bit less painful."

Now certainly his $300 billion idea to give new mortgages to underwater homeowners is a big idea. And some conservative economists favor such a plan as a way of breaking the falling home price-foreclosure cycle. But as my friend Larry Kudlow likes to say, when it comes to domestic policy, "Republicans are good at one thing: cutting taxes."

Tags:: economics,; presidential election 2008,; John McCain,; taxes,; republican party

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John McCain is too old,too angry,and temperamentally unsuited to be POTUS. His cynical choice of Palin is illustrative. He did not use the first criteria to select a VP,i.e.the ability to assume the Presidency should he die,he made a blatantly political choice to swing women and the Right to himself. It is insulting to Americans that he thinks we can't see through this. He is so greedy to be President I think he is doing and saying anything to get elected,he should be embarrassed. He is using Rovean tactics,smearing Obama (as McCain was smeared by Rove,ironically enough)because I think the lesson he learned from Rove is--DO ANYTHING TO WIN! Rove has harmed the American political process so much and McCain has joined The Dark Side.

Chris Barry of NJ 3:53PM October 25, 2008

See John run.
Run, John, run!
John likes to paint.
Paint, John, paint!
Paint the floor!
Paint the window!
Paint the ceiling!
Paint! paint! paint!
See John now.
John painted himself into a corner.
See John squirm.
Squirm, John, squirm!
No way out for John.
Lose, John, lose!
Lose! lose! lose!

notKeith of MN 1:33PM October 15, 2008

I'm writing because I've tried to look at this election through impartial lenses. I've been trying to evaluate the information that I learned about McCain, and have based my vote on what I've been able to substantiate. I understand the media can be biased, so I am a student of both liberal and conservative reporting.
However, I'm troubled by John McCain's "reported" military service record. It is reported that in addition to marginal grades, he drew so many demerits, he graduated 5th from the bottom of his class. There were questions as to whether or not he should have been allowed to graduate. According to reports, three crashes led Navy officials to question fault or his judgement. During his second crash, he was to have alledged to have been flying too low. Fellow vets referred to him as a one who took risks. Clearly he had priveledge status in the Navy. A confidential review was held to determine whether or not he was fit to fly. Details are still confidential. I'm just sharing what I have learned from other sources. He was captured during the fifth crash.
According to U.S. News and World Report, May 14, 1973, McCain agreed to give up military information in order to be taken to the hospital. According to McCain, volunteered up his ships name, his target and squadron number. (See McCain's book, Faith of My Fathers). Reportedly after McCain offered up that his father was an Admiral hew was taken to a hospital and received preferential treatment. When he was finally released from his captors, he was awarded several medals for roughly 20 hours in combat.
After he returned home he became Squadron Commander, given the responsibility to train pilots and violated military codes relating to engaging in extra-marital affairs, but was never punished. Regarding his failed marriage, he stated, "My greatest moral failing - and I have been a very imperfect person - is the failure of my first marriage. It's my greatest moral failure." He obtained a marriage license to marry his second wife one month after his divorce became final. He married Cindy and went to work for his father-in-law in Phoenix.
Some of the things I do take issue with are:
-he voted against equal pay for women; recently recommended suspending capital gains taxes
-missed 10 of the past 14 votes on Iraq in 2007
voted against calling for adequate troop rest between deployments;
-in March and April,2006 respectively voted no to provide $20m to Veterans Affairs for healthcare
-urged other Senate members to table a vote to provide a equipment in Iraq to National Guard Reservists;
-was reprimanded for consorting w/Charles Keating during the S&L scandal
-AND has chosen as his running mate a person who used her political powerfor personal gain.
- cursed during a debate w/Obama
-YouTube has an ugly episode of him cursing a reporter
In my opinion, McCain has had America and even his closest and friends fooled. Is this the man we want for President?

Roz Donald of TN 1:04PM October 15, 2008

Right to McCain: Your New Economic Plan Stinks

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