Obama vs. McCain: The economic battle

the Pajama Pundit — Tue, 08 Jul 2008 13:23:56 GMT

Obama has been even more specific.
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Good. He needs to get really specific so that Americans think that he's legit. I love the big speeches as much as the next person, but people need to know what he's going to DO to make things better.

http://thepajamapundit.com/

Obama vs. McCain: The economic battle

camie — Tue, 08 Jul 2008 13:26:28 GMT

obama will definitely win the economic battle we dont even know how mccain plans on paying for these plans

McCain camp throws out 61 yr old women from event
http://sensico.wordpress.com/2008/07/07/mccain-camp-throws-a-61-yr-old-lady-out-of-his-event/
or

http://sensico2.blogspot.com/2008/07/my-blogs.html

Obama vs. McCain: The economic battle

Tom — Tue, 08 Jul 2008 13:26:56 GMT

How McCain is skirting his own spending caps...Newsweek

Well, that's no longer a theoretical proposition. Starting last weekend, McCain finally saw the first tangible benefits of his joint fundraising account with the RNC--just as moneyed interests unable to donate directly to the senator's taxpayer-sponsored campaign began to reveal how they plan to circumvent spending limits and play an outsized part in the election.
First up: the RNC. On Sunday, OnMessage Inc., a Virginia-based company with Republican ties, rolled out a series of pro-McCain, anti-Obama television ads in the battleground states of Michigan, Ohio, Pennsylvania and Wisconsin. The energy-centric campaign--a $3 million RNC buy set to air over 10 days--is a perfect example of how, when it comes to spending, the distinction between McCain and the RNC is pretty much irrelevant. While McCain is "pushing his own party to face climate change," says the ad's announcer, "Barack Obama... just says no to lower gas taxes... no to nuclear... and no to more production." This is exactly the same (misleading) message McCain's campaign delivered in a spot released online late last month. But because McCain "had nothing do with the [new] ads," and the RNC merely funded the spots--it apparently didn't consult on content--they're subject to neither the candidate's $84.1 million spending limit nor the $20 million cap on what the party can spend in coordination with the campaign. In other words, the RNC can invest unlimited sums of money in commercials like this. Given that GOP donors can each contribute $28,500 to the national party--or about $25,000 more than Dems can give directly to Obama

Team McCain is soliciting checks of up to $70,100 from each donor--$28,500 for the RNC, $40,000 for a quartet of state parties and $2,300 for the candidate himself. But if the Governors' Association actually works on a local level to boost McCain's bid,* even that ceiling on individual contributions--which is already high enough to ensure that the senator's publicly
http://www.blog.newsweek.com/blogs/stumper/archive/2008/07/07/for-mccain-money-talks.aspx

Obama vs. McCain: The economic battle

Rainy, Ohio — Tue, 08 Jul 2008 13:28:04 GMT

I love it. Most of these articles are, as always, give McCain the benefit of the doubt, in saying that he is trying to get more acquainted with the economy and etc. McCain plan for balancing the budgets is absolutely ridiculous. He's like, we need to stop borrowing money from Iraq, so we need to cut spending on Social Security! WTF. That's doesn't even make sense. Social Security needs more money within the next decade, not less. More criticism, please!!

Obama vs. McCain: The economic battle

jerry/corpus christi texas — Tue, 08 Jul 2008 13:29:17 GMT

Obama vs. McCain: The economic battle

Josie Randolph - Morgan City Texas — Tue, 08 Jul 2008 13:37:08 GMT

When Obama talks about his spending programs, he's lying. There are not not enough ways to raise tax money to fund the programs. When Obama talks about ending the war on terror, he's lying. The people will demand that the country be made as safe as possbile from future attacks. When Obama says he won't drill for oil on Anwar, or in other places in the US, he's lying. The people will demand that we look for as many ways as possible to meet our energy needs.

Barak Hussein Obama - A liar for all seasons.

Obama vs. McCain: The economic battle

Obama 08 — Tue, 08 Jul 2008 13:41:12 GMT

I'm voting with the "close the loopholes" program, plain and simple. So, that means Senator Obama!

McCain sounds as if he wants to try to occupy Iraq for their oil, is stealing in his plan?
Cheaters never win!

Obama vs. McCain: The economic battle

donna — Tue, 08 Jul 2008 13:41:43 GMT

One rule of thumb for economists, in acknowledging a recession is passing an unemployment figure of 400,000. Sadly we passed that number last week.

McCain is either too ignorant to know what a recession is, or too dishonest to speak forthrightly about it. Our choice either way is clear. McCain is not fit to lead us as Presidnet.

Obama vs. McCain: The economic battle

CB, Hadley, NY — Tue, 08 Jul 2008 13:42:06 GMT

Barack Obama
Just another tax and spend liberal
jerry/corpus christi texas (Sent Tuesday, July 08, 2008 9:29 AM)
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Taxing Americans to fund programs for Americans. That's worse than then what we've had from the so-called Conservative Republican's which is to make us a beggar nation, borrowing billions from other countries to fund programs in Iraq? What are you smokin' jerry?

Obama vs. McCain: The economic battle

Charleston Chew — Tue, 08 Jul 2008 13:51:33 GMT

Raise taxes on 'upper income Americans'. Obama defines Upper Income Americans as anyone with a job.

Obama vs. McCain: The economic battle

jesse St.Paul Minnesota — Tue, 08 Jul 2008 13:56:57 GMT

It seems that the consenous is that no one belives that the bombers plan has a chance of balancing the budget,while some have said that Obamas plan could work.Bomber presents himself as a son of the Reagan,Goldwater ara.Did bomber think that no one would notice that he left two of deals he is trying to swing on Social Security and Medicare?Most have said that taxes would need to be rasied to accomadate.Bomber says he is willing to work with congress on a New Deal -era program.The new deal !What new deal ,this is what Lil Bushie offered in 2005.Bomber just can't break away from Bush and proprose anything that is new ,as he said yesterday "The economey is slowing"This guy has no clue as to who or how it effects us,his wife makes 500,000$ a month,last week it was reported that she spent 750,000$ on credit cards in one month.I don't think they have trouble paying there gas bill,just there taxes on there condo in Cally.

Obama vs. McCain: The economic battle

America rejects Republican Noise Machine — Tue, 08 Jul 2008 14:00:03 GMT

Charleston Chew, here's a fact (you know, the truth?) Obama defines upper income as folks making about $250,000.

Obama vs. McCain: The economic battle

banko — Tue, 08 Jul 2008 14:03:15 GMT

McCains Defaulted On Home Taxes For Last Four Years, Newsweek Reports
http://www.huffingtonpost.com/2008/06/28/mccains-failed-to-pay-tax_n_109785.html

Here's a (partial) list of McCain's houses/condos:

1. A beachfront condo in Coronado, California.
2. Another beachfront condo in Coronado, California.
3. A beachfront condo in La Jolla, California.
4. A two-unit condominium complex in Phoenix, Arizona.
5. A ranch house located outside of Sedona, Arizona.
6. Another ranch house located outside of Sedona, Arizona.
7. And another ranch house located outside of Sedona, Arizona.
8. A high-rise condo in Arlington, Virginia.
9. A loft they bought for their daughter, Meghan in Phoenix, Arizona.

The value of their houses is an estimated $13,123,269.
A map is available here:
http://www.mccainvminnesota.com/cribs.html

Newsweek: John McCain defaults on California home
http://www.dailykos.com/story/2008/6/28/195859/436/616/543489

The McCain Residences: A Google Earth Tour
http://www.youtube.com/watch?v=0Glia_Vrbc8

Obama vs. McCain: The economic battle

jeff D Evanston IL. — Tue, 08 Jul 2008 14:05:14 GMT

my god when are we as american going to realise that taxes must be raised back to the clintion era levels to get rid of the deficts!! how stupid are we to believe that we can have these tax cuts and not have to pay the piper for this!! or are we going to have our children pay the extra taxes, why does john McCain care, when this comes due in 10 years he will be 81 years old living off cindy's money,and he does not care about the future generation. its all about him, and what he can say to become president!! well Obama cares, he knows that our economey will never have the growth we had in the 90s unless we get rid of the deficets!! this is why oil is raising like it is because our currency is weak against forgen currency, gold is raising for the same reason!!!

economics 101, get rid of budget deficets, and our currency will be stonger, and our buying power around the world will come back, if you don't understand or don't care, VOTE FOR JOHN MCCAIN!!

Obama vs. McCain: The economic battle

thats a fact jack — Tue, 08 Jul 2008 14:09:47 GMT

lower taxes and pay off Americas debt in 4 years, stupid is as stupid does as stupid says.

Obama vs. McCain: The economic battle

Mitchell Feldman, Vestal, NY — Tue, 08 Jul 2008 14:16:25 GMT

Jerry:

You're more intelligent than these comments would indicate. I know that you're a conservative but your simplistic overviews are disingenuous. Bottom line is that we need to end this war and balance our budget. A healthy economy that would ensue from a revalued dollar would result in more jobs and less entitlement spending. You know that. Stop being a hack...McBush would not help in initiating these policies. BTW federal spending on infra-structure instead of 1.2 trillion dollar tax cuts for the most wealthy Americans (are you one of those guys?) would both create jobs and keep the Mississippi in its levees...maybe keep a few cars from falling in when old bridges collapse.
Obama '08

Obama vs. McCain: The economic battle

Beverly in Chicago — Tue, 08 Jul 2008 14:19:56 GMT

Now McCain wants to do another flop just like his bankrupt campaign; pathetic, senile, old, man. He asked Robin Robbins on ABC’s GMA “who told her he said he knew nothing about the economy?” He can’t even REMEMBER telling the public that; don’t forget a few months back he said the economy was fine. Suddenly, he thinks it’s a pain…duh. Apart from signs and symptoms of Early Alzheimer’s (bumping his head, memory loss etc).
The next problem is how can he balance a budget with 2 wars; 1 is endless (Iraq) and cut taxes for 1% of Americans (the rich). It’s not just the economy he doesn’t know anything about; it’s also a democracy. Without taxes where will infrastructure, education, parks, healthcare and other issues related to living in superpower come from? This is not an underdeveloped country.
We know he flip-flops. But what we don’t know is …does he really forget/lie … or forgets because he may be experiencing early Alzheimer’s disease. And that is another problem!

Obama vs. McCain: The economic battle

Pacheck, Huntington Beach, Ca. — Tue, 08 Jul 2008 14:27:30 GMT

How much plainer can it get. McCain's strategy is exactly the same strategy that got us into the mess we are now in. Only a fool thinks change can come from doing the same thing over and over. Obama is a university ptofessor of Constitutional Law, McCain is a captured , tortured warrior who cracked. Who's thoughts are clearer.

Obama vs. McCain: The economic battle

Brett St. Paul MN — Tue, 08 Jul 2008 14:31:13 GMT

RE: Jesse from St. Paul

I'm embarassed you live so close to me. I suppose I should figure none the less with all the skilless immigrants and refugees in our sickly liberal state. First, my friend, learn to spell. Second, the new deal is not from Bush you moron. The new deal was when liberal FDR changed the country's currency from the gold reserve to borrowed money and started social security which was intended to be temporary. Why do you people bark for free stuff 24/7? No one ever promised you life was all about 40's and blunts. Get a job and save for retirement or DIE like the neanderthals did because they refused to adapt to the changing world. Don't forget before you stick your wang in some broad and make more babies that you can't afford, 1-get an education, 2-get a job, 3-pay for your own sh!t and quit expecting free stuff from those of us that take care of our own. You are just like Obama; nothing but a theif.

Obama vs. McCain: The economic battle

Benny, SFBayArea, California — Tue, 08 Jul 2008 14:32:39 GMT

Funny thing is that Obama promises to raise his own taxes because he will in fact make more than $250K while McCain promises to lower his wife's taxes by more than $750K. I know a husband is supposed to be a provider but this is ridiculous.

Obama vs. McCain: The economic battle

Sad Dem Dallas, Tx — Tue, 08 Jul 2008 14:32:56 GMT

There are other ways to pay off the debt and fund programs without raising taxes. Obama is just not right for the country. He scares me with spend spend spend and no help for the gas crisis, recession,or unemployment. I just don't see him being the kind of leader we need.

Obama vs. McCain: The economic battle

Elizabeth — Tue, 08 Jul 2008 14:38:48 GMT

Democrat from Illinois has proposed raising taxes on upper-income Americans to address projected shortfalls in Social Security,
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It's not "raising" taxes - it's requiring those with more money to pay the same percentage of their income that those with LESS money are already paying. Currently, you pay into Social Security 6.2% of your income up to $102,000/year. So if you are making $30,000 or $50,000 or $100,000, you pay a full 6.2% into Social Security. People who make more than that pay less than 6.2%: once they receive paychecks totaling $102,000, no more Soc Sec payroll tax is deducted. (Obama says that Warren Buffet pays his full amount to Social Security by about Jan. 15!)
-------- So someone making $500,000 (half a million dollars!) a year, pays only about 1.5% of income into the system. Obama's proposal would merely lift the cap, so that some of those who earn more than $102,000 would also be paying the full 6.2%. It sure as heck sounds fair to me! Why shouldn't someone making $300,000 a year pay at the same rate as someone making $30,000 a year?

Obama vs. McCain: The economic battle

Paul Miller, Woodbridge, VA — Tue, 08 Jul 2008 14:42:16 GMT

So the earlier McCain is more realistic than this latest McCain.

Obama vs. McCain: The economic battle

Senate Planner — Tue, 08 Jul 2008 14:43:07 GMT

Obama vs. McCain: The economic battle

Rick, NC — Tue, 08 Jul 2008 14:43:53 GMT

Ohmigosh why isn't first read nailing mccain daily on his seeming rejection of his own rhetoric about campaing finance reform?

This is flip flopping taken to a circus performance level...its hilarious to me that the national media is still so enamored with seantor mcbush...he is soooooooo lame, and old...

Obama vs. McCain: The economic battle

luther28 oakdale, ct — Tue, 08 Jul 2008 14:45:28 GMT

Here is a news flash for the candidates!
Why not attempt to run the government the same as I run my household. X ammount of income versus X ammount of debt = a balanced budget.
Now if my income decreases, then I must find a means of decreasing my debt. If my income increases the I have greater disposable income with which to work on my wish list with.
This is the way in which every American should look at their budget, perhaps if the government set the precident all may follow.
The tax well like the oil wells are just about empty.
It is not quantum physics, again X ammount of debt cannot exceed X ammount of income.
Let the governmetn do what the rest of us have to do, live within your means!

Obama vs. McCain: The economic battle

Vincent Thomas, Savannah,GA — Tue, 08 Jul 2008 14:53:05 GMT

John McPain is just going to things hurt more! We're in a Republican fix, and we need a Democratic solution.

Obama vs. McCain: The economic battle

Linda Porter, Atlanta, GA — Tue, 08 Jul 2008 14:54:49 GMT

"...Some budget experts say even a speedy end to the war would not give Obama much money for new programs.” Why is that and who are these experts? You guys are becoming increasingly FOX-like. You make assertions with no supporting evidence or statements. Why don't you name your phantom experts? What expert would claim that adding more than 100 million dollars a year to money available for the American economy would make no difference? I don't believe anybody with a thimble full of sense would have said that and if they did, don't repeat their expertise because it is not worth the ink used to print it. Can't you see that assertion is patently false?
In our economy, I realize that 100 million dollars a year is not considered large by those in the Congress who waste ten and 20 times that amount each year on some friends' road or fish pond. But if that money is directed, properly managed and accounted for towards helping people in foreclosure, for example, it can make a tremendous difference. Ask the people who have lost everything to the floods in the Midwest if they can't use a fraction of that money to make a difference in the lives of thousands.
The problem may be that you people make too much money to understand what that amount of money can mean to Americans living ordinary lives.

Obama vs. McCain: The economic battle

Jack, Arden Hills MN — Tue, 08 Jul 2008 15:08:58 GMT

Brett from St. Paul,

Well said. You make me proud to be a Minnesotan! Too bad we're surrounded by a bunch of whiny liberals.

Obama vs. McCain: The economic battle

OOOOOPPPPPSSS!M — Tue, 08 Jul 2008 15:14:23 GMT

Poor common sense, McCain has been a self serving paper hanger and a loser for years. He is a front runner for whats wrong in our derailed congress! Give away, jack tax up, vote left, vote right. never addressing reality, just paint a new face on a old failed problem and move on! Now that's real Leadership

Obama vs. McCain: The economic battle

GP Chicago — Tue, 08 Jul 2008 15:23:52 GMT

Obama and the economy....
He does not care that Americans are paying higher prices for gasoline and other goods and services...

He wants to destroy small business by forcing them to accept pay or play on health insurance, which should be decided by small business and not the government...

His tax policies could mean middle class people would have to hold at least two jobs to pay off their tax bills.....

Barack Obama
Just another tax and spend liberal
jerry/corpus christi texas (Sent Tuesday, July 08, 2008 9:29 AM)
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I got knocked for knocking you a few discussions back and all I can say is.....I care.

This isn't even a debate of factual info.

The fact of the matter is, nothing can be done about fuel prices right now, and if there is a choice of having lower fuel prices because we have more oil, or having lower fuel prices because we have alternatives to oil...I choose the latter. Choosing to drill does not solve our problems. Not now, not ever.

Having the most people on health insurance brings down rates for everyone...which means it will be more affordable for all businesses. Money rich Franchise's make up many small businesses...Plus the healthier america becomes the less medicare is burdened.

And lastly, before you go on a republican "the sky is falling" rehash of everything they have gotten wrong about Obama's tax plan...read up on it. It states that it would take taxes back to a clinton era level (which we weren't hurting too bad then were we?) with the exception of a Tax cut for 95% of tax earners (anyone below 250,000K a year)

When it comes down to it, Democrats and Republicans are the same for amounts of spending...the difference is that the Dems are paying for it now, and the Republicans are putting it off creating massive amounts of debt and interest. Interest taking away tax dollars that can be set-aside for programs or lower taxes.

And although I don't think Obama will get all his programs passed, I trust him not to over extend our liabilities and keep the spending deficit up. I truly believe that a McCain Presidency will be the straw that breaks the camels back as far as our economic stability goes.

Economically sound independent voter for Obama.

Obama vs. McCain: The economic battle

GP Chicago — Tue, 08 Jul 2008 15:25:01 GMT

Obama vs. McCain: The economic battle

GP Chicago — Tue, 08 Jul 2008 15:30:37 GMT

Benny - Funny thing is that Obama promises to raise his own taxes because he will in fact make more than $250K

Don't know how that will happen Benny. Obama is a Senator and makes about $150K/year. Not a bad gig for doing nothing. His wife doesn't do anything, unless she's getting paid to show up on daytime talk shows.
Senate Planner (Sent Tuesday, July 08, 2008 10:43 AM)
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It's already been established that the obama's mad over 1 million last year because of income and book sales...so in fact he would be more heavily taxed...

This is what being a manager or great leader is about. Don't expect your constituents to bear a greater burden then yourself.

Obama vs. McCain: The economic battle

thewolf1 — Tue, 08 Jul 2008 15:32:09 GMT

The central problem with Republican economics is and has always been that the private sector does a poor job of investing in public services: Education, infrastructure, health care, transportation, and national security (other than big ticket weapons systems). It's hardly a surprise that after 12 years of Republican control of the budget process, all of these areas are suffering from a lack of funds and a corrosive distain for government. Since "The Era of Big Government" supposedly ended in 1996, we've seen public education grow more threadbare with each passing year, bridges and levees in major urban areas fail, the ranks of the uninsured swell to 40 million, gridlock engulf suburban as well as urban streets, and the Army exhaust its supply of people and equipment. One would think that all this has been made necessary in order to save an American capitalism on the verge of collapse; yet this is precisely the opposite case. Republicans tell us that American corporations will be ravished by the world should they be made to pay their full freight. But America's private sector remains -- despite its self-inflicted wounds -- as strong as any, and certainly capable of standing on its own in the world. America -- the nation, not the stock -- once again requires the full attention of its citizens.

Obama vs. McCain: The economic battle

jackieblu Seattle Smart Woman 4 Obama — Tue, 08 Jul 2008 16:12:38 GMT

The economy is "starting" to slow, (or is it McCain starting to S-l-o-w). I wondered what the hell was going on! Reminds me of when Bush was asked what he thought about gas being at $4.00 a gal (this was a little while back), he replied I don't know how much gas is per. gal( his tone was who cares), I have other more important things to worry about! Someone mentioned - if McCain's plan to stay in Iraq for 100 years had anything to do with "stealing" their oil, it has everything to do with that! He has said twice now, never again will we have to send our young men and woman into the Middle East for oil !!! He has made similar statements too, and statements that really don't make any sence - unless one puts them in that rather sick context.
Cheater's never win - Winner's never cheat. (Of course we all know the McCain family has a history of stealing, and cheatind too.)
Bush + McCain = dumb & dumber !!!
McCain voter's = dumbest !!!

Obama Rocks!

Obama vs. McCain: The economic battle

Jackieblu Seattle Smart people 4 Obama — Tue, 08 Jul 2008 16:33:12 GMT

McCain is still getting a free pass - from media, MSNB-FOX sorry to say one of the worst offenders!!!
FOX - has made Obama bashing their sport 24/7 !!! I wonder, is McCain a producer @ MSN now? McCain is THE KING OF FLIP FLOP! He did his own flip, flop's on campaign reform, not to mention, the guy's fliped on B-i-l-l-s he's written! It appears McCain hurls some insult at Obama, and that becomes the basis of MSN's morning show! A lot of people are talking about this ie - your un-fair one-sided reporting.

Obama Rocks !!!

Obama vs. McCain: The economic battle

Stacey — Tue, 08 Jul 2008 18:12:11 GMT

Senate Planner -

Wrong. Obama has other income e.g., book royalties, that puts him over the $250k threshold.