samdaman
Nuclear problems aside (France does it, and Japan, why can't we? Hell, we can probably copy them like they do us, and do it better! We can chuck the waste in the sun instead of wasting time on mars.), John Mccains plan is incomplete, in my own limited opinion. While he does do all the old Republican tricks (small government, lower taxes, decrease government spending, expand oil, and, as previously mentioned, nuclear power) he couples them with some new ideas that have come to be viewed as the "better decision" for this day and age. He charismatically has his energy plan broken down into two halves- a whole area on how he wants more oil, and then another area on how he wants more clean technologies. There is a whole 2 paragraphs on how we must reform Medicare and Social Security, just to have it explained later as a massive blow to the medical industry, a total reform, in fact, that will end up costling billions, as we have anticipated, just to catch up with places like canada and sweden. He wants to create American jobs by lowering trade barriers overseas.....good luck with that, especially in Japan and China.I'm rooting for that idea, it's a good one. Unfortunately a strong dollar is going to obliterate our exports, and then China will tag their currency to ours again....do you see the cycle here? anyway, beyond what I percieve to be a backwards plan in helping the American worker, John McCain wants to lower taxes.....for everyone, and on everything. I'll get to what I think the effects will be in one moment, but first let me remind everyone of one of the ten commendments of economics: lower taxes = lower government revenue = lower goverment spending = ?. That question mark means that something else has to happen, but that it is variable on the economy. Anyway, what I think of lower taxes: I LOVE 'EM! hell, I don't wanna be taxed at all! Unfortunately, we must pay for our social system structure that we call the U.S. government, and it is an expensive mother of a thing. Further, I disagree with the theory that everyone has equal taxes, or even somewhat equal taxes. 4% of 1000 is a lot less than 4% of a million, but still is 4%. Conversely, bread costs a larger fraction of 1000 than a million, so why are taxes the only economic force that doesn't consistently take into account the greater disposable income of the top 10% of the tax bracket, specifically those corporations and wealthy individuals that waste it as blatantly as we get to see- multiple multi-million dollar homes, too many yachts, rockefeller's money still has his kids in politics, how long do you think Gates and that Enron guy's kids are set for, and then there's movie stars and sports legends. It's all waste! To sum up everything I have said I will apply a lesson from David Hume, a 17th century philosopher: causes are independent of their effects, although in our heads we associate them. While John McCain's plan is sound, effective, and excutable, it is not self-sustaining or able to stop what is causing these effects- a bad system, in need of total renewal, starting with all the rich people. They must learn to be poor again, take less, or the world will take it from them as it did all those people in 1929 and 1936. Credit, finance, construction, manufacturing, and unemployment are all hurting, but the worst can still come. Wait till it hits energy again, and then barrels into food production and government spending at the same time. Then we'll get to see some effects.
More from US Election 2008
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