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The Obama or McCain inflation-o-rama
June 11, 2008 - 1:43am.

What is a fiscal conservative to do this election season?

Mr. Obama likes to talk like he will restore fiscal discipline to Washington. The following list is what Mr. Obama would like to see happen on the economy:

1. Wants $50 billion additional fiscal stimulus NOW "...to help those who've been hit hardest by this economic downturn," Obama said in Raleigh, N.C.

2. Supports the expansion and extension of unemployment benefits, as well as a second round of tax rebate checks.

3. Keep the tax cuts in place for everyone except those making roughly $250,000 and up.

4. Cut taxes further for the middle class by:
A. Exempt seniors making less than $50,000 from having to pay income tax.
B. Give a tax credit worth up to $500 per working person ($1,000 per family) to offset the Social Security tax on the first $8,100 of earnings.
C. Expand the earned income tax credit.

5. 50% federal match on the first $1,000 of savings for families that earn under $75,000 in an effort to jump start household savings.

Unsure of how Mr. Obama plans to pay for all these giveaways. Perhaps he will ask the Fed to print it for him causing another period of hyper-inflation, sinking us all further into the abyss.

Rest assured, John McCain isn't doing any better marching to the old drum of his predecessor. More of the Same McCain is sure to do the same and cause a continued sinking of the dollar.

We are screwed either way. Pick your favorite poison. I'm writing in Ron Paul because I don't know what else to do.

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Candidates always talk about

Submitted by pollchecker on June 11, 2008 - 8:36am.

Candidates always talk about what they want to do. I'm sure we will hear the usual campaign promises.

One thing is for certain.

John McCain has pledged to make the BUSH tax cuts for the VERY RICH --- PERMANENT!

Even Warren Buffet, one of the RICHEST men in the world doesn't think this is a good idea!

Obama will repeal these tax cuts and give a tax break to the middle class who is currently paying ALL THE TAXES.

Obama will repeal the tax laws that make it profitable to take American jobs and give them to people in India and Asia.

With President Obama, we might be able to talk to an American when we call a help desk, instead of a stranger in a 3rd world country.

GW Bush and the 4 years of out of control spending by the so-called fiscal conservative steal and spend Republican Hypocritical Party and we will go bankrupt just like the Soviet Union did.

But that might not be a bad thing. Then the states can secede from this Union and restart our Republic.

President McCain will start a revolution within America because the Average Joe is not going to take it much longer while the SUPER RICH get SUPER RICHER!

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I wish I were as certain

Submitted by woody188 on June 12, 2008 - 2:00am.

I wish I were as certain about Obama as you are. I see him and all I see is another rich globalist/imperialist that wants one world government. He is connected to the CFR.

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What I am sure of is that

Submitted by pollchecker on June 12, 2008 - 4:37am.

What I am sure of is that John McCain is 4 MORE YEARS of GW Bush! And I am sure that would not be good for our country.

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Here's hope for you Woody.

Submitted by pollchecker on June 12, 2008 - 12:13pm.

Here's hope for you Woody. Check this out!

Obama's Tax Plan Three Times Better Break For Middle Class Than McCain's say Analysts

The tax cut plan of Democratic nominee to be Barack Obama offers three times the break for middle class families than proposals of likely Republican nominee John McCain, according to analysts working for a left-leaning think tank.

Families making between $37,595 and $66,354 of annual income with Obama would get an average tax cut of $1,042 per family while McCain’s tax cut for this group would be $319, the report states.

“The choice in November for tax policy may be the largest voters have ever had in this country,” said Jason Furman, director of economic policy for Barack Obama’s campaign.

“John McCain’s tax cut is far larger, more regressive and far more radical than anything President George W. Bush has ever proposed.

Barack Obama is proposing one of the largest income tax cuts for the middle class in American story.”

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