Well, the debates are all finished now. This was probably the best debate out of the three. Finally we got into some of the meat and potatoes regarding the economic policies of each candidate, which is fitting since they both released their respective plans this week.

I think the most telling aspect of this debate was the references to "Joe the Plumber." Joe epitomizes the American Dream - work hard, bust your butt, and succeed and become wealthy. This is where the candidates' policies take vastly different directions in how to fix and manage the economy.

Senator McCain supports lower taxes for all Americans, regardless of income levels. Senator McCain believes that only the lowest income Americans should receive tax breaks, and falsely refers to it as 95% of Americans. The problem with this logic is that of those 95% who make less than $250,000 per year, a good portion of them pay zero income tax, thus reducing the amount to somewhere around 50% of Americans. In addition, if you aren't paying taxes, you can't get a tax cut. Having a check sent out to you isn't a tax cut - it's welfare, plain and simple.

Senator Obama is in favor of trickle up economics, in which if the lower class is doing good, then it will help the higher income earners as well. However, logic, and history dictate that things don't flow uphill, they flow down. Think of the person employing you. Are they rich, or poor? The old saying goes - I've never worked for a poor man. The rich folks with small businesses are the ones creating jobs in the country. If you are making a certain amount of money and are taxed more on it, you'll cut spending and possibly jobs. Higher taxes and this Robin Hood mentality are not the ideals that America was founded on.

I thought this McCain's best debate, and also Obama's worst. I'm still not sold on McCain, but I am sold against Obama. Both of these candidates have the ability to destroy our country, just at different paces, and along different paths. Only time will tell if we make the correct decision on November 4th. The Canadians, however, don't have to worry about that - they made the correct decision by re-electing Prime Minister Harper. So congrats Canada, at least one country in North America is doing something right politically.

Without further adieu, here is the full audio from the debate...

Trackback(0)
Comments (0)Add Comment

Write comment

busy