Current Event Week#2

In Cleveland Ohio this morning, Senator John McCain delivered a surprisingly forceful restatement of his economic proposals and hammered Barack Obama as a “tax-raising” liberal. McCain condemned the economic stimulus package proposed by what he calls the “dangerous threesome”- including Speaker of the House Nancy Pelosi, Senate Leader Harry Reid, and Barack Obama. Supposedly, the “dangerous threesome” plans to spend 300 billion dollars on top of the one trillion dollar of rescue financing. McCain calls this addition of 300 billion a “spending spree”, and that’s pretty much what it is. How is one trillion dollars not enough already? That 300 billion could be used in better ways, like tax cuts for the middle class. And that is exactly what John McCain believes. I love this quote from McCain…”I know it is pleasant to listen to Senator Obama’s rhetoric, but look at the record. This is a fundamental difference between Senator Obama and me. We both disagree with President Bush on economic policy. The difference is that he thinks taxes have been to low and I think that spending has been too high.” I’ve noticed that Obama’s rhetoric does kind of suck me in…he is fun to listen to, but that could be a mask for something he is trying to hide. DUN DUN DUNNNN. It seems as if Senator Obama’s approach is to radically increase spending and then raise taxes to pay for them. Which sucks!