Periodically, I’ve been posting about what’s important to me in this election:
And I’m finally to economy. This one is obvious: It has to do with issues that affect my pocketbook everyday. This year, the economy is big news because it’s struggling. Out of control inflation, crashes do to the excesses of a market with little oversight, and the list goes on.
Of course, health care represents part of the economy, as does energy policy. A reasonable approach to health care, as well as an energy policy that places more focus on alternative and renewable energy than on drilling, can be a great boost to the economy. Tax policy is another issue that needs to be addressed as part of the economy. Quite frankly, in all of these areas, I find John McCain decidedly lacking.
Another concern to many is the national debt. While plans from both presidential candidates will increase the deficit, it is interesting to note that right now the non-partisan Tax Policy Center estimates that John McCain’s plans will cause a greater increase. By about $1 trillion. So McCain’s policies (many of which are the very policies he derided back in the day when he actually was a maverick) will not only do little in terms of helping the economy, but will actually run up more debt than Barack Obama’s policies.
Here are some thoughts on the economy and Barack Obama’s policies:
- Barack Obama and the focus on renewable energy.
- Improving our infrastructure could improve the economy.
- Historical precedent may favor Obama’s economic plan.
- Taxing the wealthy, contrary to popular myth, does not result in lower investment.
Tags: economy, taxes, renewable energy, Barack Obama,
John McCain, economic plan, health care