posted on Sep, 15 2008 @ 12:25 PM
Originally posted by zappafan1
Until about a year ago America had the best economy in the history of mankind.
Have you been living under a rock?
The U.S. economy has been a mirage for the past 7 years, and now you are seeing that mirage dissapear and reality surfacing. We have lost more jobs to
outsourcing, and Bush economic policies since the Great Depression. Inflation and oil prices are through the roof (oil is coming down though) also in
part to Bush policies.
You want to make this a partisan issue? Sen. McCain economic plan is so alike to Bush economics that it wont help this country AT ALL. The Bush
taxcuts where supposed to be the linchpin of his economic plan, by giving more money to the companies they were supposed to create jobs and improve
the economy instead what it did was to give more revenue to the companies who them move their operations overseas slashing jobs in the U.S. which help
in great part to the foreclosures that ignited this current economic crisis that has claimed many banks and investment firms and also has expanded our
national debt with all the bailouts that has been given so far. Thats Bush economics in its simpler form.
Cut The Corporate Tax Rate From 35 To 25 Percent: A lower corporate tax rate is essential to keeping good jobs in the United States. America was
once a low-tax business environment, but as our trade partners lowered their rates, America failed to keep pace. American workers deserve the chance
to make fine products here and sell them around the globe.
This is a repeat of Bush economics, the wishful thinking that if we give more money to BIG corporations they would return the favor by creating more
jobs here in the U.S. The reality is that the companies dont care about doing any favors, they only care about their bottom line as they should.
John McCain believes that globalization is an opportunity for American workers today and in the future. Ninety-five percent of the world's
customers lie outside our borders and we need to be at the table when the rules for access to those markets are written. To do so, the U.S. should
engage in multilateral, regional and bilateral efforts to reduce barriers to trade, level the global playing field and build effective enforcement of
global trading rules.
I read somewhere a statement that is very true, it went something like this : "The U.S. has never "LOST" a war but has never WON a trade
All this NAFTA and FTA's that Bush has signed have resulted in the job losses that we now face, the idea in theory is good but the result are better
for those that sit on the other side of the table.
Bottomline, Sen. McCain economic plan is basically and sorry for the cliche "MORE OF THE SAME" failed Bush policies that have created this present
[edit on 15-9-2008 by Bunch]
[edit on 15-9-2008 by Bunch]