Need I say more about about higher taxes????
A recent editorial in the Washington Street Journal noted the following:
History teaches us that high taxes and protectionism are not conducive to a thriving economy, the extreme case being the higher taxes and tariffs that deepened the Great Depression. While such a policy mix would be a real change, as philosophers remind us, change is not always progress.
-Obamanomics Is a Recipe for Recession By MICHAEL J. BOSKIN
July 29, 2008; Page A17, Wall Street Journal
On another note, Obama fever, has failed to really provide any solid plans on what he is going to do - no real plans, again adding to the lack with his candidancy. A recent article from the Associated Press noted that Obama's social security plan is missing details.
Barack Obama's bid to place a new Social Security tax on very high incomes is either a bold or foolhardy plan, depending on who critiques it. But its potential impact is almost impossible to gauge because he is providing few details on basic questions such as what the tax rate might be, what types of income would be taxed and how the taxpayers' benefits would be affected.
- Details missing from Obama's Social Security plan By CHARLES BABINGTON, Associated Press Writer
Mon Jul 28, 4:05 PM ET
So, who is this guy? Why would anyone vote for someone we know little about let alone his policies?
I am NOT a fan of John McCain as he does not really represent true conservatism. However, given the choice we have, I would rather spitefully cast my ballot for him than for someone who would lead us to socialism and higher taxes.
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