Capital Commerce

McCain Debate: Still Can't Argue Economics

By James Pethokoukis

Posted: October 8, 2008

No doubt John McCain was crisper and better briefed last night when discussing the economy compared with the first presidential debate. But he was still unable to a) defend his corporate tax cut, b) explain his healthcare plan, and c) highlight the weaknesses in Obamanomics in great detail. I really got the impression that Barack Obama knew the McCain economic plan better than McCain did. Two big mistakes: McCain didn't clearly explain that his healthcare plan would actually raise wages, since health benefits would now be taxed, in addition to giving folks a $5,000 refundable tax credit. Second, he did nothing to explain that his corporate tax cut would also boost wages, since workers bear 70 percent of the burden of the second-highest corporate tax rate in the world. Another missed opportunity.

the economy

Since the majority of Americans feel the pain of not being able to support their family, save , send their child to college John McCain and Sara has no desire to help make this country a better place for all of us. I am a white woman, It makes me physically sick to my stomach to hear Sara and John McCain stirring up issues that I could care less about sespecially, since I have two kids and cannnot afford a gallon of milk at $ 4.69 cents. There is just too much hatred in the world already. Remember the world is watching the both of you. If I were of another country I would think,"my God what kind of people running the McCain campaign do they have that much hatred in their heart.This is the same kind of stuff George Bush and his folks did during the last election. I watched how they paraded Willie Horton on TV ads in an attemp to breed fear in the American people. Yes, it worked that time. It is now a different time with different situations. Black people are hurting as bad as white people, some white people more so than blacks, because many of our black population have never even had the means mor the opportunity to have what we call a nest egg.

mary Beth of FL @ Oct 09, 2008 15:06:08 PM

Of course

That's why they hire the best speech writers.

And like always, one promises happiness forever while the other promises eternal joy.

HillbillyBill of TN @ Oct 09, 2008 07:22:08 AM

I don't know who I want to be a president but I know one thing that aboma and Mccain are both have good speaches.

of @ Oct 08, 2008 16:52:55 PM

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Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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