Ft. Lauderdale, Fl USA
I would LOVE to hear how they are going to do it, grinch, and I would also love to be able to believe what they are saying. Put a politician in front of an audience and you can rest assured they will say whatever that audience wants to hear. I'd like to see some sign that what they are saying is valid.
You can list as many negatives against McCain as you like and that's fine. Everything depends on which buttons are pushed in people that make them decide. We've read where his infidelity to his ex-wife is very important to some. Ok, that's a valid point, even though it would also throw Clinton, Kennedy and who knows how many others into the cage of "not being fit to be a good president". Can I feel assured that McCain would be a great president? Nope, I can't. All I can do is base my decisions on history and what I think is best for the country, even if it is the "best of the worst".
One thing Obama has said that I believe wholeheartedly is that he will raise taxes. In an economic situation like ours, that's the WORST thing he can do, and history bears me out. Take a look at the seventies..
During Carter's administration, the economy suffered double-digit inflation, coupled with very high interest rates, oil shortages, high unemployment and slow economic growth. Productivity growth in the United States had declined to an average annual rate of 1 percent, compared to 3.2 percent of the 1960s. There was also a growing federal budget deficit which increased to 66 billion dollars.
Reagan brought us out of that quagmire and he didn't do it by raising taxes...he did it by lowering them. You don't improve a citizen's lot during bad financial times by taking more away from them. Every time capital gains taxes have been raised, less money has gone into the national treasury. That's factual. Obama wants to raise the capital gains taxes. citing that the government needs more money. Figure that one out, sir.
He claims the middle class will not be affected and I believe that to be, at best, a misconception and, at most, an outright lie. Even if it were true, what happens when the government goes after "the big boys". you now, those fellows that provide jobs to tens of thousands of Americans? Yep, that's right....layoffs. Won't that affect the middle class? If the companies being hit with the proposed new tax burdens sell a product, yep that's right..the cost of the product will go up. Will THAT affect the middle-class housewife standing in line at the supermarket? I happen to believe it will.
Or perhaps to avoid this from happening, Obama could circumvent it by freezing all prices, freezing all salaries, and not permitting layoffs. Someone could write a book about that type of government....actually, some already have.
The seconf reason I won't vote for Obama is that the Democrat party bears the lion's share of our current situation, although with help from the republicans, too. From the "chicken in every pot" mentality of Clinton in the last 90's, whose pressure on the banks made "No job? No credit? No problem!" a national anthem, to their refusal to investigate Fanny and Freddy back when something could have been done, their actions and inactions have been extremely detrimental to the country's economy. And now these dame people are screaming, "Elect us and we will fix this problem! (which we were instrumental in creating)".
You want to talk ostriches, grinch? Ostriches are people being able to see videos of Maxine Waters, Barney Franks and other Democrats claiming in 2004-5 that fannie and Freddie were in excellent shape (which they were not) and blaming anyone who said otherwise to be saber-rattling for political purposes only....and disregarding it. Ostriches are people seeing videos of John McCain at the same time, warning that the two entities were in dire straits and that action had to be taken to avoid economical disaster (which has occured)...and disregarding it. Those are your ostriches, grinch. It's almost a comedy routine that the ones who refused to do anything now blame the ones who insisted something be done for the current situation.
We're not bankrupt, grinch. We are in bad times, for sure, and we have been there before and have always come out of it as we will come out of this one. How? The resiliance of the American people. It's time for the government to get out of their way, not take more money away from them.
Do I think Obama would be a horrible president? Beats me..but I do think the Democrats in the Oval office would be bad for the country. A few years ago, the Democrats claimed "Put us in charge of congress and we will make a difference!" They did...a difference for the worse, with the lowest approval rating any congress has ever seen. Now they scream "Put us in the White House and we will make a difference!", and I believe them. It's the difference they would make that scares me. Thinking of a country being run by the likes of Pelosi, Boxer, Franks, Kerry and Hillary scares the bejesus out of me.
Don't count out the American people just yet, sir grinch. We all have a little phoenix in us, even when the ashes are deep
Thus endeth my Sunday morning rant and the golf course awaits, although now, due to inflation, instead of screaming FORE! we yell FIVE!