Tuesday, April 15, 2008

John McCain's Voodoo Economics

I've seen some bloggers referring to John McCain as 'huggy bear', but that is just immature and childish. I prefer Pander-Bear. Yes, John McCain-- after previously deciding that no policy was the best policy regarding the economic woes-- has been working feverishly to show voters he too gives a crap. And the results have been almost parodies of what you'd imagine politicians say during election years-
John McCain called Tuesday for the federal government to free people from paying gasoline taxes this summer and ensure that college students can secure loans this fall, proposals aimed at stemming the public's pain now from the troubled economy.

In the longer-term, the certain Republican presidential nominee said he would double the tax exemption for dependent children and offer people the option of choosing a simpler tax system...

Let's ignore the idea that Congress would ever enact the proposals-- good or bad-- of a presidential candidate from the opposition party in an election year, and move on. The article notes that McCain believes that this would all have "a trickle-down effect, and 'help to spread relief across the American economy'". 'Relief', of course, being code for tax cuts. I'd also add that most college students have no problem securing loans, it's the paying them back after graduation in an unstable job market part that tends to be the financial burden.

I am reminded once again that the Senate GOP leadership proposed a similar panderfest ($100 checks for gas money!) in the summer of 2006, and the country-- including many Republicans-- told them to go frak themselves. I mean we're already getting a fancy stimulus check. So we've already been bought off, thankyouverymuch.

Also, Newsweek tells me that Mr. Maverick's a serious environmentalist. So why's he encouraging more gas use?

No proposal is complete, of course, without an attack on ones opponents-
He also argued that Democratic rivals Barack Obama and Hillary Rodham Clinton would impose the single largest tax increase since World War II by allowing tax cuts enacted in 2001 and 2003 — and that McCain voted against but now wants to make permanent — to expire.

Yes, going back to the tax rates of the 1990s-- an age of economic doom and shanty towns-- is a nightmare this nation cannot afford. Because god forbid the peace and prosperity of the Bush years were ever to end.

[PS- As McCain proposes more tax cuts for the solution to all our nation's woes (interesting, has this been tried before?), I am also reminded that it's that 'marxist' Barack Obama who has been encouraging Americans to be more responsible citizens. Ahh, political stereotypes, are you ever not bullshit?

PPS- As little as he knows about the economy, he knows even less about foreign policy.]

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