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Obama's Tax Plan and the Plumber

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Just admit that you libs can't take care of yourselves and need the government and the money of successful citizens to do so.

In other words, you want to go on welfare.

Admit it!

Edited by Virtual wife
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Well from the debate so far - it looks like John McCain would offer to ####### Joe the Plumber if it got him his vote.

He already has Joe's vote.

Great! All Joe's should vote for McSame. It's in their immediate interest - long term is debatable.

That would give the McDone / Failin' ticket a whopping 5% or thereabout on 4 November.

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Obama tells this working class guy that if he is successful enough to aquire a profitable business, his administation will force him to pay higher taxes to take care of others. He said the same thing to Bill O'Reilly and others. If class envy and the death of incentive is what's going to unite this country, then Obama is your man!

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Obama tells this working class guy that if he is successful enough to aquire a profitable business, his administation will force him to pay higher taxes to take care of others. He said the same thing to Bill O'Reilly and others. If class envy and the death of incentive is what's going to unite this country, then Obama is your man!

It's quite simple, really:

Debt financing won't work. The last 8 years prove the point. Consider that W doubled the national debt during his two terms. Appreciate what that means: W accumulated as much debt in two terms as 42 administrations before him did combined. If that's no testimony to the catastrophic failure of this very approach then I don't know what is.

If debt financing doesn't work, public infrastructure has got to be paid for in some other fashion. Question becomes, who pays for it? It's not a comfortable question to ask but a leader will ask the question. The candidate that lacks leadership will tell everyone that they won't pay. A leader will tell the uncomfortable truth - there's a bill due and someone will have to pitch in to get it paid. It's a question of leadership and McCain lacks this quality.

Now, deciding on where to leave and perhaps put the money - i.e. where to start building the economy back up - is kind of like deciding where to start building a house. Obama says let's start at the bottom, the foundation. McCain says, let's start at the roof. Now, I ain't neither an architect nor an engineer - I'm in the financial world - but common sense dictates that you start building on the house at the foundation. The roof can't hold itself without the structure underneath it. It's simple, really. This approach has been shown to work. The middle class was doing very well in the '90's while being disconnected from the gravy train of the economic expansion of the '00's - that was a first in history no less.

Face it: Trickle down is a failed strategy. Anyone with a half a half-functioning brain can see that. Voo-doo economics (as George H. W. Bush rightfully called what is often referred to as Reagonomics) is dead. Get used to it.

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