McCain: Obama Will Kill Economy and Jobs
Tuesday 10 June 2008, by admin
We are now in the midst of the general Election. Clearly Obama supports raising consumer prices and taxes, supports the largest tax increase in American history and wants to close down the American energy industry. Those are just part of the economic disaster of Barack Obama.
McCain is correct, Obama would be the second term of Jimmie Carter. Both support and apologize for dictatorships in the Middle East. Both want to talk to terrorist instead of taking action (remember the 400 day hostage crisis that ended the Carter administration).
Obama supports the special interest, unions, that can killed millions of U.S. jobs and open the borders to illegal aliens. McCain wants to deal with the illegal alien problem, Obama just wants to open the borders.
If we have disagreements with John McCain they are nothing compared to the disaster that we would have if Obama is elected. Pass this article to your friends, let them know their is a choice in Novemberthey must vote and must not throw away their vote.
What do you think? Is McCain or Obama better for the economy?
by Jitendra JoshiT, Agence France Presse, 6/10/08
Republican John McCain said Tuesday his White House opponent Barack Obama's economic platform would kill jobs and growth, vowing instead to keep big government out of entrepreneurship.
The Arizona senator spelled out the difference in governing philosophy that he said would be a critical choice in November's election, as he sparred with Obama for a second day over the economic crisis engulfing many US families.
"No matter which of us wins in November, there will be change in Washington. The question is what kind of change?" McCain told the National Federation of Independent Business (NFIB) here in a well-received speech.
"Under Senator Obama's tax plan, Americans of every background would see their taxes rise seniors, parents, small business owners, and just about everyone who has even a modest investment in the market," he said.
The Democrat would enact "the single largest tax increase since the Second World War" and index the federal minimum wage to inflation, "which is a sure way to add to your costs and to slow the creation of new jobs."
McCain's accusation rests on Obama's commitment to rolling back multi-billion-dollar tax cuts enacted under President George W. Bush, and applying higher taxes on those earning more than 250,000 dollars a year.
In riposte, Obama said McCain was guilty of fuzzy mathematics and again mocked the Republican's self-confessed weakness in economic expertise.
"I've said that John McCain is running to serve out a third Bush term. But the truth is when it comes to taxes, that's not being fair to George Bush," the Democrat told reporters in St Louis, Missouri.
"Senator McCain wants to add 300 billion dollars more in tax breaks and loopholes for big corporations and the wealthiest Americans, and he hasn't even explained how to pay for it," he said.
The 250,000-dollar threshold for annual income would mean that 98 percent of workers would pay no more taxes, Obama said, and middle-class families would get tax relief starting at 1,000 dollars to offset surging costs of living.
The Illinois senator also took aim at McCain's incremental approach to reform of healthcare, whose rocketing costs are one of the biggest headaches for small businesses, along with gasoline prices topping four dollars a gallon.
Touting his own plan to dramatically increase healthcare, Obama earlier went on ward rounds with a hospital nurse in St Louis, on the second day of a two-week campaign tour that is taking him deep into Republican territory.
Obama, 46, is capitalizing on profound disquiet about rising unemployment and home foreclosures, plus opposition to the Iraq war, to accuse McCain of offering "four more years" for the hugely unpopular Bush.
McCain, 71, has a new line of retort, saying Obama would represent a second term for 1970s president Jimmy Carter, a throwback to an era of runaway spending by the government and economic stagnation.
The economy has dominated the two contenders' hard-hitting exchanges since Obama's opponent in the Democratic nomination battle, Hillary Clinton, quit the race at the weekend.
In Washington, top Democrats put on a show of unity after the bruising primary season, detailing how the national party will merge its activities into the Obama campaign's to pursue an election strategy across all 50 states.
Democratic National Committee chairman Howard Dean said the race between the African-American Obama and Clinton had seen "some ugly moments" of racism and sexism.
But he stressed: "Today, we stand united as a Democratic Party, focused on putting an end to the idea of a third Bush term, which we would get with John McCain."
House of Representatives Speaker Nancy Pelosi had a message for the angry Clinton supporters who are now threatening to vote for McCain in protest at Obama's primary triumph.
"Women and blue-collar workers, whatever their race, have the most to gain by the election of Barack Obama as president of the United States and the most to lose by the election of John McCain," she said.
BS Ranch Perspective:
It is true that McCain paints Obama as somebody that will take any or all raises or money that you might have, to pay for the National Debt. However what McCain forgets is that Obama has said on his web site and during the debates that he is going to open up Negotiations with Countries where Communications have been closed for a good reason, that reason is that they Communicate but that country doesn't do so in good faith, and they have proven themselves to be untrustworthy, by lying to us every-time we have been to the table to discuss the closing of their Nuclear testing and plans to gain a Nuclear bomb. Obama is hoping that he will go to Russia and they will just turn off all their Nuclear Bombs and destroy them forever. Obama has also said through Talk that Northern Korea will follow suit, it is his behalf that we have not talked enough with N. Korea and the talking that he does and also the dismantling of the United States Nuclear Defensive arms that are just waiting to be used in defence of our safety if any of these countries Gains the Nuclear Bomb, and decides to use it.
Star Wars Defense System has been shut down even though there has been successful tests that were done with that system, but it was expensive, & the President didn't see the payment of the system with the large amount of Debt that the country has. Obama wants to withdraw from Iraq and decrease the size of our Military Branches by a Considerable Amount, Not to mention Shutting down our Defensive Facilities that look out for our Countries Safety right now, We will not need it any more with all our Nuclear Weapons Dismantled and discarded. To show those Countries that Obama negotiates with that he is a man of his word, and he is willing to take the extra step, and hopefully those countries that he is negotiating with such as North Korea or Russia and I for one am hoping that if Obama wins that he is right in his plans, because I for one feel very uncomfortable trying to learn another language at my age.