Posts Tagged ‘economics’

McCain and Obama Talk Economics

June 10, 2008

JohnMcCainEvergladesTurtleThis weekend was the weekend of the loser.  From Hillary Clinton to Big Brown, it was the losers that dominated the news.  John McCain enjoyed some time relaxing in his shell, away from the public eye, while Hillary threw her support behind Barack Obama (pictured left, McCain relaxing during an Everglades tour).  Hillary said:  “I will work my heart out to make sure that Senator Obama is our next president.”  Obama campaign strategist David Axelrod respond by saying, “Hillary is only going to work her heart out.  The fact that she will still have lungs, kidneys and a digestive system after this campaign shows that she is, in fact, a bitch and I’d personally like to see her thrown into the Sarlacc from the Return of the Jedi for her halfassed effort.”  Obama said he was “thrilled and honored” by Hillary’s support while David Axelrod sat in the background and cackled mischeviously while sticking needles into a Hillary Clinton voodoo doll.

But now it’s Monday.  The weekend’s over and Obama seeks to expose McCain’s stupid economic policies by proposing some stupid economic policies of his own.  Obama’s latest proposal is to “make oil companies like Exxon pay a tax on their windfall profits, and we’ll use the money to help families pay for their skyrocketing energy costs and other bills.”  I’m sure arbitrary, unplanned taxes on a company for being too successful are a good way to spur economic growth and increase international investment.  Obama added that “If John McCain’s policies were implemented, they would add $5.7 trillion to the national debt over the next decade. That isn’t fiscal conservatism, that’s what George Bush has done over the last eight years.”  Obama refers to the Bush tax cuts that McCain now supports.

At a Richmond, VA lunchon, McCain responded by saying “we need lower taxes, we need to stimulate our economy, we need to keep people in their homes.”  The McCain campaign has said that it plans to balance the budget by 2013, which should be easy with across the board tax cuts, two wars, rising Social Security costs, rising Medicare costs and a new proposal to subsidize subprime loans with FHA loans.

Obama also hired a new economic aide from the Clinton campaign who hopefully will advise Obama…a lot.  McCain retired back to his holding tank where he had a nap and dreamt about finally beating a hare in a race.

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