I'm voting against Obama, not for McCain [though he is who I am putting my vote towards]. This isn't because I particularly like
McCain [I would've preferred Huckabe, or even Romney], but because I see many unsuccessful years ahead under Obama.
Most of my problems stem from his "Tax cuts" for the poor, as well as the utopian programs he plans to set up. I'm not against helping the poor, or increasing the salary of educators, but our nation is in HUGE
debt. His taxing the rich to give to the poor, which sounds noble [especially with the current greed on wall street hitting the pavement], does not take into account that wealth is an incentive to be successful. Success creates jobs [or should
because of the increase of the demand for the service or product. If you tax the wealthy, they will just pass that onto the consumer, which will nulify the tax breaks. Additionally, the definition of wealthy will probably drop considerably in order to afford the welfare [and lets not kid ourselves; taxcuts
is just another word for welfare. In fact, I'm almost sure it's an anigram in Rot 13]. This is sounding a tad socialistic
to me. It's not going to encourage economic growth. It's not going to create new jobs in the U.S.. It's not going to end well.
On that note, lets look at the blunder of how the government has handled the current economic crissis:
Where to begin... to be fair, a lot of this is the fault of a man who started a war we could not pay for, but that does not excuse the solution that Obama supported [though how involved he was in this solution excapes me].
Government: Let's throw lots of money at it and hope it goes away!
What's wrong with this? You want to give the greedy bastards who did this more monies?!?
Preposterous. Greenspan is surely spinning in his grave.
Surely you realize that, as mentioned before, you do not have the money. Surely you realize that, if you do give them this money, they will most likely fuck that up, too.
Wait, what's that?
Government: Oh, and let's give banks interest free loans, no strings attached, to promote lending.
Do you hear this? They're Practically giving it away!
Let's go back to the first week of any economics class. Some of you may be familiar with something called the Maginal Propensity to Save and Consume.
As you may guess, This takes a look at how much of an increase in income you are likely to spend, and the percentage you will save. When added together, these equate to 100%. The more money you already make, the more likely any increase will be squirreled away for emergency/retirement/evil robots. In other words, the amount saved does not contribute to the GDP.
Now, you give these to banks, and what will they do? Probably whatever the fuck they want. In fact, that's exactly what they are doing [lending is so screwed these days. That's why I don't even own a credit card].
Basically, our government is trying to stimulate the economy like a fratboy throwing cash at a stripper.
Let that marinate.
I'm still pissed with both candidates, but McCain is just a tad safer in my opinion. Sure, he'll die of a heart attack in office and we'll have someone completely incompetent on the throne, but since Obama pretty much votes present whenever the fuck possible, I don't see how it would be any different. The illegals will still be siphoning money out of our economy anyway [that's another topic though].