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.
John McCain’s Economic plan goes way beyond what the liberal culture can ever aspire to foresee let alone to accept. Rather than the democrat plan to tax the already diminishing USA based corporations and manufacturing companies, John McCain provides a plan with an outlook of American fiscal responsibility.
To make this extremely simple to comprehend, especially to a group of people who would support a candidate with skewed views who is proud to have sold crack cocaine to fellow students while sharing views with and continues to benefit from connections to terrorists, anti-Americans and racists, McCain’s economic plan is embodied as follows.
1. RETHINK: America must rethink the global views on what America is capable of in the current state of technology, engineering and the demands on such environments.
2. REFORM: America must rise to demands of a global economy, the need for higher quality and less restricted trade routes for Made in USA components that will exceed the current standards of currently produced items. The era of being able to purchase products that are currently Made by Slave and Child labor is done!
3. REINVENT: America and Americans must reinvent themselves to reach and maintain these standards and by sheer American ingenuity, control the world’s marketplace in the competitive manner as we have always been proud to rule.
The McCain solution can be very simple:
1. By creating a group of retrained and skilled individuals with the knowledge of what any manufacturing employer must know coupled with the requirements of the employee, the USA will have a base of ready made and willing manufacturing firms.
2. USA made products with the obvious USA based jobs create a whole new infrastructure for additional USA companies, from Asphalt to Zoos. Manufacturing companies need outside support and America needs jobs.
3. Traveling across the USA and you will see as many vacant buildings from failed businesses to other businesses that are suffering and dying. Business that seemingly thrive buys cheap China made products while Americans are looking for service industry jobs that non-working Americans can not afford to visit.
Let’s fill these empty stores with school and mini-manufacturing training centers. The USA made products can be sold and support the stores. Let the building owners write off the loss in taxes! More revenue will come from the new jobs and investment profits. Products designed and made by Americans from asphalt products to Zoo products all built of a better quality than slave labor China, Cambodia, India, Pakistan and the like.
4. Why not use these same buildings (old Wal-Mart Stores, Other Food stores put out of business by Wal-Mart’s, etc) as intermediate resell outlets as this plan pushes a major and immediate USA economic boom into reality.
5. Investors will once again invest into MADE IN USA products and companies and we will thrive on McCain’s Economic plan.
These three R’s will be accomplished by the McCain express and through wealthy American entrepreneurs who were once able to invest in America’s manufacturing capabilities but have since fallen into investments that have caused catastrophic world economy failure.
The failed housing market that has affected the world economy crashed due to massive investments in mortgages turned into paper wealth. No blame on homeowners who were looking to buy a house at lower interest rates unaware the market would become so saturated with those investor’s dollars that the market would fail.
The crude oil prices have created massive wealth from the trillions of dollars invested into crude turned commodity investment. There are no other reasons.
John McCain’s economic views encompass a certain personal responsibility demanded from each able bodied American. A demand to care for his or her own well being while allowing these “once proud Americans” a new chance to be proud of themselves and of what they can give to their society and their nation and not what they can take from their country.
What else can a country that some people were “not proud of until recently” do to grow and prosper? The government cannot do it alone, no matter how much sugar they coat it with.
We the People cannot do it without government incentive and a break now and then.
The USA might survive with some other plan of change but we will never become the once proud and great nation of highly skilled workers and thriving new business again without the 3R’s of McCain’s economic plan.
John McCain should be president because he knows how to handle things and is a Republican. He is not like Obama, which is a Democrat and it seems that it is too early to be president for him. And when he was acting like a 12 year old, making fun of McCain, that shouldn't win America over. AND OBAMA IS NOT BLACK!!! Obama is not black and will never be black! He is tan and there's nothing else to it. McCain is s reasonable fighter, and doesn't act like a 12 year old. He grew up and knows how to handle things. VOTE MCCAIN!!!
It's really no issue what McCain may or may not know about economics his advisors will do just that, advise him when he is president.
Here's a look at how a republican in office perpetually boosts the economy (ofcourse costs like the war don't help) but minus those costs here's some light that needs to be shed on somthing that is thought to be understood but isn't really...
Republicans cut taxes and the wor dof the year "pork barrel spending"
that money goes back into american's pockets and most importanly Businesses pockets, Businesses will then be able to hire more people at a higher wage and have more money for in company beneifts that will increase worker retention. When jobs are more attractive because of benefits and higher wages more people get off of welfare and go to work. Which puts even more money in tax-payers pockets. More money means more spending...and on and on and on it's a wonderful cycle of giving and spending and giving and spending just something to clearify
coool
What Republican in office has boosted the economy? I haven't seen that to be true . I don't think McCain understands the economy enough to pick good advisors . H e just picks people that will make him look like he's doing good but no good comes from his voting for deregulation.
To Gabe:
It would be great if in fact McCain would use his advisors to advise him on economics HOWEVER remember that his MAVERICK label prevents him from using their help. He was advised NOT to race back to Washington DC to "help" with the economic crisis AND did he listen? NO, he went anyway and interrupted the process plain and simple. Now he gets to pay the price with reduced ratings that he deserves for his totally erratic behaivor.
Deb
^^ you dont just say coool..?? this is important!
To Ally:
You are an ignorant person. McCain has acted like a defense lawyer in an assault/rape trial. He is bringing up irrelevant details and attacking Obama's character. His outbursts rival those of Tom Cruise and his choice of running mate prove that he is obviously losing his mind. Obama may not have much experience but a least he has ideas and goals. All McCain has is that he fought in Nam. I respect him for that but that doesn't mean he should be president.
i just love John Mccain i just love him he's my skillet biskett
Sorry, but John McCain is another Bush and we don't need anymore of that...loss of jobs, higher prices, loss of homes, unaffordable health care, a war that is costing 10 billion a month in country where we should never have gone. McCain's platform is attack, attack, attack while Obama gives a solid, defined process and plan if he becomes President. Sorry, but I don't make $250,000 a year. I need all the help I can get and I'm not going to get it from McCain or his idiot Palin. They are for the rich - not the average working person.
The Democrats and their faulty lending practices along with Acorn and a host of bad judgement calls brought this nation to the crossroads it is today. The only way to get TRUE ECONOMIC DELIVERENCE is thru tying our political exit to progress, people. how could anyone have missed the point 911 happened before bush got the conffetti off his shoes. tieing exit to political progress with kick US & everyone OUT of RECESSION mode and place us in re-building mode. wall street will make the gentle sideways sweep and recession will not occur. We should have done this a long time ago vote REPUBLICAN!
A great resource - many thanks!