McCain Aide Says Bush Knows Little About Economy
A tax cut without proper spending cuts is the worse economic policy. I warned years ego this would create all the issues we are facing today (falling dollar, real-estate, values, credit crunch, inflation, real wage issue….)
We will have tax increases no matter who wins. The free lunch program is over. If we do not stop the bleeding the dollar we be like a peso.
The biggest entitlement programs cannot be fixed by stopping them. What some of you forget most people paid into them for years and the biggest part of the shortfall is Lawmakers on both side blew the money. Also the economy would stop if entitlement checks stopped going out after most paid for it for years via pay roll taxes and Medicare tax and now depend on it to live.
(Bloomberg) — George W. Bush’s policies on the economy, other than on taxes, have been a failure, suggested John McCain’s top economic policy adviser.
Douglas Holtz-Eakin said the only similarity between McCain’s economic plan and Bush’s is a commitment to keep taxes low.
“Sadly, it seems that is all President Bush understood in the economy,” Holtz-Eakin said in an interview to be broadcast this weekend on Bloomberg Television’s “Conversations with Judy Woodruff.” It is Barack Obama’s budget plan, not Senator McCain’s, that resembles Bush’s policies, he said.
“It’s dedicated to the recent Bush tradition of spending money on everything,” Holtz-Eakin said.
John,
Do you understand where spending is proposed and ultimately authorized (hint: not at 1600 Pennsylvania Ave.)?
If this ‘brilliant’ economic adviser had a clue, he would blame Congress, not the president. But he can’t do that because it would reflect poorly on his candidate who is just as guilty as the dem nominee.
Bart
Unlike you I blame lamakers on both sides. Also the President has VETO power. Do you know what a VETO is?
Bush did not understand what it was with a GOP congress!
Bush belatedly found his veto pen:
http://www.iht.com/articles/2007/11/13/america/cong.php
http://www.cnn.com/2007/POLITICS/11/13/bush.budget/index.html
http://www.boston.com/lifestyle/food/dishing/2008/05/bush_vetoes_far.html
But dem lead Congress just keeps sending more legislation with more spending, more big nanny, more regulations.
Question: Isn’t Senator John McCain the ONLY one of the 17 candidates from the two major parties to say, “Well, the economy’s not my strong suit.” ?
Answer: Yep.
Bart
Do you not see hacks like you on both sides are the problem?
John,
No…it is hypocrites like you who screw things up.
And I thought it was the dreaded “neocons” that created the problem…make up your mind John.
Have you figured out where funding legislation is generated John?
Question: Was Sen. McCain really the SECOND best idea the GOPers had in 2000, falling behind the man now known to be the Worst President in US History?
Answer: Yep.