Results 1 to 10 of 31

Hybrid View

  1. #1 McCain seen as best choice for economy 
    Senior Member Perilloux's Avatar
    Join Date
    Apr 2004
    Location
    Sweet Home Alabama
    Posts
    555
    McCain seen as best choice for economy
    Fri Jun 13, 2008 4:54pm EDT

    By Jennifer Ablan

    NEW YORK (Reuters) - Republican presidential candidate John McCain's tax policies have given him an edge as the better man for the economy, various Wall Street experts said at this week's Reuters Investment Outlook Summit.

    But, against a backdrop of job losses and deteriorating home values, Wall Street is backing McCain's Democratic rival, Barack Obama with cold, hard cash.

    McCain plans to extend the Bush administration's tax cuts, eliminate the Alternative Minimum Tax, and slash corporate taxes. Obama, who has derided the Arizona senator's plans, has pledged to raise taxes on the wealthy and introduce a broad range of refundable tax credits.

    "My personal opinion is I would argue that McCain is probably the better candidate for the economy and that is more or less because of his tax policies," James Caron, head of global rates research at investment bank Morgan Stanley in New York, said at the Reuters Summit this week. "In this environment that we're in right now, the last thing you want to have is higher taxes and taking money out of the consumers' pockets," he added.
    Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.
    ~Winston Churchill
    Reply With Quote  
     

  2. #2  
    Junior Member mourningdove's Avatar
    Join Date
    Jun 2008
    Location
    Texas
    Posts
    19
    McCain plans to extend the Bush administration's tax cuts, eliminate the Alternative Minimum Tax, and slash corporate taxes.
    Eliminate the Alternative Tax.....I hope so, whoever wins the election.
    Reply With Quote  
     

  3. #3  
    gator
    Guest
    Yea right.

    Continue with a three trillon dollar a year federal budget, a ten trillion dollar debt, more deficit spending and a 56 trillion dollar a year future entitlement debt. Yea, McCain is a great choice to straighten out the economy.

    The only person I know that would be worse is Obama, however, both are disasters.
    Reply With Quote  
     

  4. #4  
    Banned
    Join Date
    May 2008
    Posts
    11,970
    It is my opinion that Obama's economic policies of raising taxes on individuals and corporations, eliminating trade treaties, etc. would spin us into a depression. McCain would do just the opposite.
    Reply With Quote  
     

  5. #5  
    Senior Member
    Join Date
    May 2008
    Location
    IN
    Posts
    235
    Quote Originally Posted by lacarnut View Post
    It is my opinion that Obama's economic policies of raising taxes on individuals and corporations, eliminating trade treaties, etc. would spin us into a depression. McCain would do just the opposite.
    While I'm no fan of McCain, I agree.
    Reply With Quote  
     

  6. #6  
    Administrator SaintLouieWoman's Avatar
    Join Date
    Sep 2002
    Location
    Sarasota Florida
    Posts
    40,620
    Quote Originally Posted by CLibertarian View Post
    While I'm no fan of McCain, I agree.
    So do I. Obama would be a disaster.
    Reply With Quote  
     

  7. #7  
    gator
    Guest
    Quote Originally Posted by lacarnut View Post
    It is my opinion that Obama's economic policies of raising taxes on individuals and corporations, eliminating trade treaties, etc. would spin us into a depression. McCain would do just the opposite.
    We are already losing our wealth and heading for a depression and none of McCain's NeoCon big government policies will do anything to slow it down. Just because Obama will make it happen a little faster doesn't mean McCain is acceptable.
    Reply With Quote  
     

  8. #8  
    Senior Member
    Join Date
    May 2008
    Posts
    123
    Gator is so spot on with Mccain.
    Depression now or later? Only more wars to pay for with Mccain.
    Reply With Quote  
     

  9. #9  
    Banned
    Join Date
    May 2008
    Posts
    11,970
    Quote Originally Posted by gator View Post
    We are already losing our wealth and heading for a depression and none of McCain's NeoCon big government policies will do anything to slow it down. Just because Obama will make it happen a little faster doesn't mean McCain is acceptable.
    Who is acceptable to you? How do you know that McCain will take us into a depression. I am willing to take a chance by voting for him in hopes that the economy will improve. McCain has stated that he is for smaller government with less taxes. I know damn well that Obama's economic plan will taken us down the wrong road.
    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •