McCain: It's about the economy
By Sasha Issenberg, Globe Staff
SALEM, N.H. -- John McCain, who happily volunteers he doesn't know much about economics, turned his attention to the subject today by unveiling a new set of "pro-growth" policies to keep up with a shift in the Republican conversation away from Iraq and terrorism towards domestic concerns.
"There are more and more questions at the town-hall meetings about the economy," McCain said at an optics manufacturer here before talking about trade and taxes, issues that McCain rarely chooses to highlight on the campaign trail.
He proposed renewing the current round of tax cuts, altering congressional rules to make future tax increases more difficult, and changing the tax code to encourage investment and entrepreneurship and end the alternative-minimum tax. "To have two tax codes in America is
not an unacceptable situation," McCain said.
Yet in remarks the campaign labeled as an "economic plan for American prosperity," McCain turned away repeatedly from macroeconomic policy to reform issues seen as his strengths: controlling federal spending and limiting the role of lobbyists in securing tax loopholes.
"There's a new emphasis on economic issues on everybody's part," said Charlie Black, a McCain strategist. "The first thing you have to do is let voters know it's a concern to you about economic anxiety."
McCain stood before a line graph showing the increase of the alternative-minimum tax, a low-budget campaign's alternative to the PowerPoint presentation Mitt Romney uses when talking about economic policy, a subject on McCain has said he feels he unknowledgeable that
filling the void would be a priority when selecting a vice-presidential nominee.
Like Mike Huckabee, who joked recently that he "may not be the expert that some people are on foreign policy, but I did stay in a Holiday Inn Express last night," McCain suggested to reporters Monday that American consumer culture offered a short cut to expertise. "The issue
of economics is not something I've understood as well as I should," McCain said. "I've got Greenspan's book."
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Store Closings - if our main economy runs on the consumer well they are not consuming, have little or no money and its all looking in the gutter from here. We reap what we sow, Vote Bush!(Did anyone really do that?) Great idea.This is only a few I found, but we are not in a Depression or resession or what ever sugar coated words they like to use. I ask Who'd want to be the next PRESIDENT? Its a suckers race to get stuck with the Lemon.
* Movie Gallery closing another 400 stores
* Charming Shoppes (CHRS) closing 150 stores and cutting expansion plans by 50%
* Starbucks (SBUX) closing 100 stores and slowing expansion plans by 34%
* Ann Taylor (ANN) shuttering 117 stores and slowing store growth
* Boston Market evaluating its real estate opportunities
* Buffet Holdings sorting out its underperformers
* Sprint Nextel (S) closing 125 stores and 4,000 distribution points
* Cost Plus World Market closing 18 stores
* Liz Claiborne (LIZ) closing 54 Sigrid Olsen stores
* New York & Company (NWY) axing the Jasmine Sola brand and its 32 stores
* Ethan Allen (ETH) closing 12 stores
* PacSun (PSUN) closing all of its 173 demo stores
* Talbots (TLB) exiting its kids and men’s lines through closure of 78 stores
* Rite Aid (RAD) exiting Nevada by closing 28 stores
* Macy’s (M) closing nine stores
* Krispy Kreme (KKD) expecting many franchisees to close stores
* Kirkland’s Home (KIRK) likely closing 130 stores
* CompUSA’s remaining 103 stores being disposed of
* Rent-A-Center (RCII) closing 280 stores
* Sofa Express closing 44 stores in bankruptcy
* 84 Lumber closing 12 stores
* Home Depot (HD) closings some call centers
* Levitz Furniture disposing of 76 stores in bankruptcy
* Pep Boys (PBY) closing 31 stores
* Lifetime Brands (LCUT) closing 30 stores
* Big A Drugs liquidating its 21 stores
there are many stores closing because no one is doing anything about the recession i may only be 14 but i know alot about the economic issues like rising taxes, non affordalbe health care. it's time to go back to the easy life when everything was affortable or a least way more affordable than know.
This blogger might want to review your comment before posting it.