Honestly, who doesn't like money? If the United States didn't, I would even be writing this right now. Money is essential to the existence of a nation, especially when it's a capitalistic republic like the United States. And after we've gone through attempting to recreate other nations *cough*Iraq*cough, we must step aside and look into what makes this country function at the monetary level.
The big topic on everyone's "To Do" list seems to be the sputtering economy. The recession has had many people in a scare, while a few have adopted the "So-What-I-Don't-Care-It's-Not-A-Recession" policy and have left it up to the next president to fix it. So, who stands where?
Both candidates have taken a traditional approach to the economy in terms of their party associations.
Obama's plan involves ending the Bush tax cuts for the elite, increased spending in alternative energy development, as well as an increase in funding education. (No, this does not include the sex ed for kindergarteners the McCain campaign has so diligently shown Obama as having.)
McCain's plan follows a traditional conservative approach. Tax cuts for the wealthy (Bush tax cuts), and an overall Reaganomics approach to the United States. This is quite capitalistic in nature, and somehow the extra money that the wealthy will have from the tax cuts will magically work its way down to the lower classes. Somehow.
Neither candidate has really offered anything new in terms of economic process, which is mildly unsettling. Our economy is indeed bleeding to death and shows no signs of improvement under the current administration.
Neither plan really looks perfect, but McCain's plan is significantly less perfect than Obama's. I can't wait to vote, because I can.
Monday, September 15, 2008
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