The word "plan" is in quotes in the title above because what John McCain announced yesterday isn't really a plan that holds together to accomplish something; it's a laundry list the candidate will pull from whenever he needs a talking point.
Want deficit reduction? I've got it. Just look at my plan.
Want an energy policy? Look at my plan.
Want taxes cut? I've got it, check out my plan.
Among many others, Brad DeLong and Economistmom have more details and an analysis worth reading. But the easiest way to determine what this was all about is to look at what the candidate actually said yesterday as opposed to teh 14-page written document. According to a reporter from a national publications who called me, McCain never mentioned the worrd "deficit"and didn't talk about deficit reduction. As a result, this paper decided not to publish a story on it. In the reporter's terms, his editors "took a pass."
So should we. This isn''t a serious budget or economic plan and shouldn't be treated as one.
......and McCain's "plan" differs from Obama's how....?
Oh yea,
Tax cuts?......sunset 'em
Iraq War?.......never for it, never will be for it.......but I'll correct W's terrible misjudgement.......just don't put me on a timetable
Oil prices?.......not a problem......I'll get right on it.......
You're right. McCain is a moron.....
McCain's Economic Plan vs Obama's D.O.A. Plan
JOHN McCAIN’S 3R ECONOMIC PLAN 2008
Abbreviated version
Progressive thinking Republican Candidate John McCain comes through for America with his 3R economic plan. In the persona of Theodore Roosevelt, McCain’s plan just makes sense.
FIRST , keep in mind that to drop the fuel tax, the local gov’ts would crash. We must use the 3R to replace taxes lost from replaced fuel through green energy (Yes, we have it ready to go!)
www.betterconstructed.com
1. RETHINK: America must see globally on what America is capable of in our current state of technology, engineering and meet the demands that face the world.
Private Sector framework is in place and current laws allow the 3R to happen. The Progressive attitude of John McCain to get things done by crossing party lines will resurrect America.
2. REFORM: The American people must demand higher quality products and less restricted trade routes for Made in USA components. We will lead the way of MFG again!
The USA will reform its dead manufacturing base
3. REINVENT: America and Americans must reinvent themselves to reach and maintain these standards and by sheer American ingenuity, control the world’s marketplace in the competitive manner, as the USA has always been proud to be #1.
NUTS AND BOLTS of the plan are simple.
Billions of savings equates to millions of lost tax revenue from energy companies. The US needs a separate tax revenue source before we can move away from fossil fuels.
McCain 3R solution.
McCain’s 3R is about technical, closely monitored and rapid hands on training from pros to create new pros. Thousands of currently-job-displaced “once leaders in the manufacturing arena” will be asked to train and play instructor rolls in the 3R plan. Paid, of course, as these new leaders will help create a whole new style of prosperous America. A massive restructure providing thousands New American MFG means millions of new jobs for infrastructure alone.
We have the buildings, needs and infrastructure to do this!
New jobs is the mainstay for Creating a new guard for Social Security.
This is the new place for financial speculators to invest!
McCain’s Progressive nature embodies Theodore Roosevelt more than any US presidential candidate in history since the original Rough Rider blazed the greatest era of growth in America.
We need John McCain to lead our nation with the same type of change.
www.betterconstructed.com
THIS 3R DRAFT COURTESY OF:
John Lewis Mealer, Founding President of Mealer Companies
IF Obama is elected he would crush this nation by doing the following:
Obama's World Poverty Bill (google it) would be passed and take ALL of the US Gross Domestic Profit earnings to give to the UN for distribution to African nations (seriously, GOOGLE IT) (All 7%. Which is the profit margin).
There goes the US cash gifts to support Israel!
Guns would be also gathered up according to Obama's Global Poverty Bill plan (Did you Google it yet?) and the US would go into massive civil war.
Hey.. the lefties are unarmed anyway, so that might not be so bad!
Obama would tax the investor class and no new small businesses would come into being (esp with the bank failures going on at the moment and no new loans being issued).
America would stagnate and begin to fall apart.
Obama's tax on the investor class also takes away incentives for lower classes to strive to become better people!
Did you hope to begin your own business someday?
Obama says NO!
Obama must keep us in our place, after-all.
Obama would immediately tax the large corporations which are already just barely balanced between the democrat instituted union demands and simply closing up and moving overseas or to Mexico.
The USA corporate infrastructure would be detroyed within a year.
Obama would force the remaining small businesses to pay totally unaffordable health care for employees and they too, would close up and go out of business even before finding health care, IF it were available. This will really hurt the women business owners who employ mostly younger women in retail, who have higher health care coverage. THEN he comes up with some LIE that he wants to give small business 5k per covered worker. DO you realize how many workers there are in small businesses? How would he pay for thise TRILLIONS?!! Talk about not even thinking about how grand of a lie he tries to weave.
Jane... Looks like you need to become a waitress again.
Obama will over tax and over extend this country so quickly and at the worst time that we will DIE as a nation.
If you want the USA to die, then you surely want Obama to become president and vice versa.
Israel will fall apart and diappear if the USA falls.
The US pays Israel just enough to stay afloat with all of it's military needs against the very countries that McCain defends Israel from, YET, Obama supports and wants to discuss politics with these same terrorist groups over crumpettes and tea.
Note to Obama:
Terrorists do not eat crumpettes, they send their brainwashed neighbors into tea N crumpette shops with bombs strapped to their bodies. They do not negotiate!
This is not some game where we can push reset and this certainly is not a basketball game or charisma pagaent.
This is the cold hard reality of Obama that people play deaf and dumb to.
This is real life.
Are you awake and ready to learn about the survival of our nations?
McCain 3R Plan is a start, but Obama's view is the end.
As usual, McCain leaves me
As usual, McCain leaves me longing for the McCain of 2000.
FYI http://www.nytimes.com/2008/07/08/us/politics/08econ.html?_r=1&ref=polit...
Check out the last paragraph. Looks like someone bought Holtz-Eakin a shiny, new shovel.
By the way, the article places Phil Gramm on the deficit hawk side. I know he was behind Gramm-Rudman in the 80s, but isn’t he more of a “free lunch”, “have our cake and eat it, too” kinda guy — i.e., a believer that if we keep cutting taxes, the combination of supposedly very large revenue feedback effects plus supposedly realistic spending cuts will supposedly reduce the deficit?
What to make of
What to make of McCainonomics? "A point in all directions is the same as no point at all."
From The McCain Economic "Team"
Intellectual diversity, for better and for worse.
by Andrew Ferguson
02/25/2008, Volume 013, Issue 23
"As for his team of economic advisers, they continue to see in McCain a picture of their own aspiration. "He's a deficit hawk above all," Rudman told me. "Has been since the day I met him."
"He understands that the solution to our long-term problems will involve some shared sacrifice," Pete Peterson says. "And I think his leadership skills will be very effective in putting this idea of shared sacrifice across."
"I tell him: 'Stop mentioning Pete Peterson!'" Kemp says. "And he gets that. You look at Reagan. He ran a conventional Republican campaign in '76: limit spending, balanced budgets. Then [supply-side economist] Art Laffer and I and some others managed to talk to him. And in 1980 he ran as a growth candidate. I see something similar happening with John.
"It's true he doesn't have the same historical interest in economics that Reagan had. Reagan got it instinctively. But when I talk about the Bush tax cuts and John says, 'I don't think we should give money back to people who don't need it,' I say, 'John. John. That's not why we cut tax rates. We do it to incentivize people to put their capital at risk for new investment and capital formation.' And he gets that. He gets it. "I don't want John to be perfect. Politics is multiplication, not subtraction, and he needs support from all sides. He just has to listen to the right people."
AND
"McCain's method in domestic matters, no less than in foreign affairs is military: He surveys a set of facts, identifies a villain, fixes him with his steely gaze, and then goes after him....
....The tobacco legislation that McCain shepherded through his Commerce Committee in 1998, for example, was inspired by his revulsion at the seven tobacco executives who testified before Congress and famously refused to admit, under oath, that cigarettes caused lung cancer. "He just couldn't stand their lying that way," an aide said at the time. With its huge increase in cigarette taxes and its elaborate system of penalties, the legislation was one of the largest regulatory schemes ever cooked up on Capitol Hill. It was also a classic bill of attainder, designed to push the tobacco companies to the brink of bankruptcy without driving them out of business altogether.....
What's unsettling is that you can never predict who the next bad guy will be. No consistent economic principles can be extracted from McCain's grab bag of policy positions, and no amount of textbook baloney about the free market, deregulation, and limited government will deter him from bringing his malefactors to justice. McCain's economics aren't ideological but improvisational--a campaign with shifting fronts, running on indignation. And a very large number of voters, probably a majority, will find this approach appealing because they don't buy all this textbook baloney about the free market and limited government either. When President McCain finds his villain and pursues him however he can, they will likely cheer their president and egg him on--unless, of course, he fixes his steely gaze on them."
Andrew Ferguson is a senior editor at THE WEEKLY STANDARD.
No Mention of Deficit Reduction
He's following the playbook. As Lou Cannon noted in his second bio of RWR, Reagan's 1981 "budget" never mentioned deficit or balancing the budget either.
McCain
The first problem is getting elected. A candidate can end-up looking like a Shmoo---all things to all people.
Witness Obama's wanderings through the thicket of guns, marriage, faith-based organizations, facts on the ground in Iraq, Jerusalem.
Not a pretty sight, but it won't matter once one of them is in power.