»Click here to calculate your site FeedRank Today«
FeedRank, a newly developed algorithm for ranking RSS feeds only on RSSMicro
Click here to learn more
 1/10 Low --- draconem.vox.com http://draconem.vox.com/library/posts/rss-full.xml
Friday, July 25, 2008 --- 41 days ago http://draconem.vox.com/library/post/republican-presidents-are-bad-for-the-econo
| This country cannot afford another 4-8 years of economic mediocrity. McCain's current platform clearly shows he abandoned his more sensible liberal positions of the past for the republican party line on taxes, economics, and military spending. Democratic presidents preside over stronger economic growth, including but not limited to higher growth in GDP, employment, the stock market, corporate profits and compensation. Obama will be no different in that sense as he will generate billions in additional tax revenue while cutting taxes more than McCain for over 80% of families (with AGI over $10k/py). [ Tax Policy Center ] This puts tax cuts where they have the most effect, in the hands of those with a higher marginal propensity to consume and higher overall marginal utility per tax dollar saved. [ Presidential Economics ] [ Adler & Lebang ] The downside to economic growth is obviously the rising inflation and interest. However, the solution to reducing inflation and interest seems to be gridlock, not a Republican president. What this country needs right now is a strong economic expansion which is more likely to come from Obama, and if interest rates and inflation rise too high, we'll need gridlock, but that should be in the form of a Republican congress and democratic president. For example, look no further than the after tax income distributions of the candidates tax plans, which were debated in detail at todays Tax Policy Center betwee ... |
|
|
Recent Posts
|
|
|
Facebook Del.icio.us Digg StumbleUpon Reddit Google
Anytime
