Tuesday, September 2, 2008

Who needs economic plan

McCain has a simple solution to the economic abyss we have fallen into. Give them more tax cuts. The Republican approach to the economy has obvious signs of Alzheimer. They unaware of the tax cutting history that enslaved us to the Chinese. They offer $5000 a family for health insurance. Great, that money will cover 3 months insurance. Oil, no problem let turn the shore and Alaska into a sieve; this will give us, who knows, may be 5% of out annual consumption.

If it were so sad, it would be funny.

Obama on the other hand has everything. We will replace oil with green sources in 10 years. Sure and a chicken in every pot, a car in every garage and on the way peace on earth. Obama's plan is intended to mislead rather to solve. Then we'll have an affordable health insurance. What is an "affordable premiums?" I don't think we know.

Obama has a complex forclosure protection plan. It involves way too many players and factors to make much sense. If you offer government money to victims, you can assess the plan. The current plan seems like smoke and mirrors in a world of fog.

Obama has training programs for the unemployed and a belief that they will find new employed in new green industries. This seems doable, but there are no estimates or calculations to check feasibility.

All in all, Obama seems at best to need huge amounts of money from the Chinese. His Iraqi saved money is already designated for Afghanistan. Raising taxes on outrageously rich will yeild enough money to pay for a modest start of the greening of the country. The rest comes from Beijing,

Great, we have an election in Novemeber and no candidate has a realistic plan to start to address our deep economic hole.

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