Obamanomics and Trillion-Dollar Deficits

Obama and McCain are just following standard Keynesian economics in that deficits don't matter as long as government fiscal policy gives way to greater economic growth. I believe both campaigns are well aware that there is a deficit out there, but both are approaching it differently. McCain's camp is actively not educating McCain on the dangers of deficit spending and are not crafting an easy-to-understand message for normal Americans to grasp. Obama's group act as though only one type of deficit spending (military) is bad and seek to gloss over how expensive his plan will be by only giving out chunks here and there, so to the ordinary working man his policies sound cheap and attractive, but to the astute financial mind (if you know how to add, you're an astute financial mind) you realize that Obama's plan is huge and detrimental. So, in the end it comes down to who is the better politician. And that, my friends, is the person who is promising "change", Obama (ironic, isn't it?).

Chris of AZ @ Jul 28, 2008 13:16:54 PM