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2008 Candidate Stands on Pocketbook Issues

K_sunglasses_thumb By kathybelle 157 days ago Updated 149 days ago 226 Views 6 Comments
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Introduction

TIME, January 28, 2008 pg.30

1
 

Hillary Clinton

 
Hillary has a new stimulus plan that calls for $30 billion to help revers the housing crisis, $25 billion in home-heating grants for the poor and $10 billion to broaden unemployment.
2
 

John McCain

 
John McCain says some jobs "are not coming back", so he'd replace unemployment insurance with retraining programs. He'd repeal the alternative minimum tax, and he wants to ban pork projects.
3
 

Barack Obama

 
Barack would create a $1000 per family tax credit while repealing the Bush tax cuts for those earning $250,000 or more. He has proposed a credit card bill of rights to hold down investment rates.
4
 

Mitt Romney

 
Romney wants to encourage savings by eliminating taxes on capital gains and other unearned income for people making $200,000 or less. He would make the Bush tax cuts permanent.
5
 

John Edwards

 
Edwards, the staunchest populist and protectionist, is calling for what feels like a 21st century New Deal; $25 billion for green-energy public works and safety-net programs for people losing jobs and homes.
6
 

Mike Huckabee

 
Huckabee focuses on the FairTax which would abolish the IRS and replace all federal income taxes with a consumption tariff. To stimulate job growth and trade, he would also dump corporate taxes.

6 Comments

 

Good information to have. Thanks, Kathybelle!
Tulips_thumb gratefuldaisyposted 157 days ago
Well,the primary is over, and to quote Vance the pig, "I won." So, I have a little time again.

This is an accurate representation of the candidates' position. Unfortunately, the vast majority of these positions have absolutely no chance of of ever becoming law. Judging by your graphic, I assume all of the plans except Hillary's are free?

What many people don't understand is that poor people vote, but rich people decide who they get to vote for. There is about a 92.5% probability that the election will be between Clinton/Richardson and McCain/Huckleberry. Clinton/Richardson will win. Then it will be back to business as usual. Every election, every candidate says, "Washington is broken, but I can fix it." But they never do.

By the way, the idea of replacing unemployment with job training was FDR's first, and defined Clinton's "Welfare to Work" program which McCain voted against.
Kiss_thumb Ol Hippieposted 157 days ago
Great summary, Kathy. Why is it the responsibility of those of us who make fairly wise financial decisions and use education as a tool to better our lives to continually "bail out" those who do not?

I am incensed to think that the government, with our money, is going to help people who bought houses they couldn't afford keep them. When will people be made to accept the responsibility for their poor decisions?

Oh, I know the politic-speak - we need to do this for the economy, it is in the best interests of the country - blah, blah, blah... So many things in the "best interest of the county" end up costing those of us who play by the rules.

Gosh, I'm cranky this morning - Sorry.
Pam-oml-avatar-2_thumb Pamposted 155 days ago
Gotta go with Pam on this one. If people are truly in need, through no fault of their own, I say, help them. But if a young couple with a combined income of $60,000.00 per year thinks they should live in a $400,000.00 house, wioth no down payment, and they find a bank who agrees with them, I say let them both live with the results of their stupidity.

Kiss_thumb Ol Hippieposted 155 days ago
Super Tuesday tomorrow is predicted to bring out more than 60 percent of the young vote. A record.

Just thought you might find that interesting and hopeful, Ol Hippie.

Obama was given the credit.
K_sunglasses_thumb kathybelleposted 151 days ago
I am ecstatic! In my precinct we set a turnout record, period. Primary, general, bond or special election the number of, or percentage of voters broke the old record by 20%.

Now, if we can just get the very young and very old to hold their focus for the next 9 months, we should be good.
Kiss_thumb Ol Hippieposted 149 days ago
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