Where McCain and Obama Stand on Economic Issues

what bout health care you dumbos?

i want to know about where thy canadates stand on health care, the war, homeland sucurity and education.

my opinion - for what it's worth :)

If you review the programs, you will note that Obama plans to reduce the tax burden on the lower income groups (under $260,000. They will see a significant decrease in their tax liability. Corporate taxes will be increased for those businesses that move their operations out of the country. Do we really want to give tax breaks to the companys that keep headquarters here and have all the jobs created in another country? Why do you think our unemployment is as high as it is now?

And what about Social Security? Do you really wish that Bush and McCain had their way and your social security funds were all in the stock market now? McCain still says that he is in favor of some privatization of social security.

The current mortgage crisis was not brought about just by people who were too lazy to read the fine print. I have worked in the mortgage market for over 20 years and have seen many things that should make us hang our heads in shame. Lenders (including FNMA and FHLMC) became greedy, and granted loans to people who should never have gotten them. Yes, the people should have realized that too, but if someone was telling you that you can afford this nicer, bigger house, AND the "gods" of mortgage lending (the automated underwritting systems) say you can do it...well, you start believing you can. Some people were not given fine print to read (you don't know what you don't have if you don't know what you should have). It was not laziness that brought us to this point, but greed.

i'm not going to sit here and say either one of you is better than the other . but instead that you would both would do great as presidents!!!!

Talk is cheap

I feel like the general public is jumping on the Obama band wangon, not because they know the issues or what he stands for but because he has reached some sort of celebrity status. The truth is that he has written two memoirs and zero important pieces of legislation. The man is a great public speaker but that doesn't mean what he says is feasible or even logical. He is appealing to people's emotions by say things like "are you sick or paying an arm and a leg for gas, do you wish you had a president that cared about your credit card debt or your foreclosure...and then he says he will do that. How is he planning to care about 300 million people's personal spending habbits? Realistically speaking we as a society have become lazy and don't read the fine print and we expect someone to always bail us out...not possible. If you didn't read the terms of your loan whos fault is that. If you lived out side your means and ran up your credit card bill whos fault is that. Lets focus on Obama's plan. Cut taxes he says but on just about every major topic the way he plans to improve it is by increasing spending... I am not a mathematician but I am pretty sure that equation doesn't add up. He even refused to receive the federal money for his campaign because he didn't want to be restricted by the $75 million cap. He plans to spend somewhere in the ball park of $250 million on his campaign. Is that glits and publicity going to make his message any stronger? Or even show us how he can work on a budget? I don't thinks so. He claims he doesn't take lobbyist money but he will take it if it's from their family memember and he will take state lobbyist money too. Take your elitist hat off and stop pretending that you are so much different and better than the other politicians Obama. You are the same if not worse because you are a hypocrit Obama.

Obama says that he will only increase taxes for the rich and increase corporate taxes. Well the less money businesses have to operate the less employees they can afford to have the higher the unemployment rates will go. So are you sure that you want the $1,000 tax break? Is that going to cover the loss of wage when the company you work for lays you off? I don't think so. He speaks of change but (even though hard to image) he can make worse decisions that our current leader in terms of economic policy. Not all change is good change. Obama has been a part of the least productive and liked congress in the history of the US. Their approval rating is lower than George W. Bush's. As I said before, I don't want some one to give a really good speach and not affectively lead the country. We have seen far too many politicians that talk a big game but cant deliver...Obama is just another one of those. Talk is cheap I like people who are result oriented and McCain and Palin have convinced me that they have a well thaught out plan that will work and help our country get back on its feet in four years.

same

the biggest difference i see is there stance on Iraq and taxes.

WE need to do what Obama says and get out of IRaq and we need McCain's startegy for less tax and tax cuts for corpoations. Can you imagine raising corporate taxes..our unemployment will shoot past 10%

We need action NOW...

I have to support John McCain in that he's realistic enough to realize we need to start tapping into our own reserves of offshore oil, start utilizing oil bearing shale (we have the largest reserves IN THE WORLD), and lift the restrictions on oil refining which has helped make us dependent on other countries for our energy supplies. I'm all for GREEN but not at the expense of restricting our own oil production. We can pursue both avenues at the same time. The very fact that "we announced the possibility" of lifting oil restrictions here was enough to drop our prices at the pump, IMAGINE HOW MUCH THEY'LL DROP WHEN WE ACTUALLY DO IT...

Honesty

I think Obama is the most realistic out of the two candidates. He honestly said we would probably not get out of this spending hole in one or two years; which is the truth. We are all open to the fact that repairing and rebuilding is something that we cannot achieve in 3-4yrs. Most importantly we want someone who will put us in the right direction. Too many companies and Coporations are making lots of money off the American people. Obama is the man we need.

media coverage

Mccain is by fr the most sensible of the two candidates but the press is reporting all of this mumbo jumbo feel good stuff about Obama. I hear the name Obama 10 times to McCain's one. I think the worst part of this whole thing is that we as a people of a free country let that happen without saying anything!!!

I complain about this everytime I get a platform. Put a stop to Media Bias Now!!! McCain will lose if we let this feel good press promote Obama all day every day.

Candidates Economic Policy

It strikes me that when you filter out all the partisanship, and the emotion, the economic policies of both Sens Obama and McCain are basically identical. While their SOCIAL polices are dramatically different when you add them up you get a fiscal/ economic policy of: Major new programs paid for by taxpayers without matching revenue, coupled with cuts in taxes, leading to more borrowing from China and India as our federal debt increases.

Now, the beneficiaries differ widely -- each pays off different groups. But the fiscal impact is more alike than different. In fact, you could say that neither really has an economic policy; they simply have a group of social/ political programs that add up to an economic policy only when it comes time to pay the -- massive -- bills.

Sad lack of leadership.

Article Not Detailed Enough for Entire Picture

Neither candidate wants to tell voters the truth, the subprime foreclosures and the financial institution bailouts will add trillions to the deficit that Bush created. Both need to raise taxes.

An Updated Analysis of the 2008 Presidential Candidates' Tax Plans, July 23, 2008

The site provides details:

http://www.taxpolicycenter.org/publications/url.cfm?ID=411741

The new report concludes that both will significantly increase the deficit over the next decade.

Including interest costs, Obama would do so by $3.4 trillion, while McCain would raise the deficit by $5 trillion.

The Obama plan would cut taxes for most people, but raise levies significantly on the very wealthy.

McCain, but contrast, would cut taxes for nearly everyone, but provide by far the biggest reductions for those making the most money.