Talk Back: Reactions to the VP Debate
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| Thu, 10-02-2008 - 5:14pm |
Hi everyone --
We wanted to get your reaction to the Vice Presidential debate between Senator Joe Biden and Governor Sarah Palin. Did you watch? What did you think -- and who do you consider the winner? Were there any surprises? Tell us what you considered to be the highlights, the low points and everything in between.
Please note: This discussion will be featured on our homepage as well as our Election 2008 feature page (http://www.ivillage.com/0,,dkrjhqbk,00.html) and may elicit some "Guest" responses from our "Talkback" box tool on the page. Inappropriate responses that violate our Terms of Service will be removed.
Thanks for your input!
Caryn Stein
Director of Community
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For the publiic good? That is exactly why we are in the economic postion country finds itself in today, encouraging home ownership for people ( through
>>> If anyone thinks their taxes aren't going up with McCain, they are mistaken. At some point the domestic situation is going to make him raise taxes, a la George H. Bush.
the same is true for Obama...only worse.
Edited 10/3/2008 1:43 pm ET by tashlb
Aah...um...no
Majority of economists see McCain better for stocks: poll
Wed Jul 23, 2008 3:54pm EDT
By Emily Kaiser
WASHINGTON (Reuters) - The U.S. stock market would fare better in the first year after a victory by Republican presidential candidate John McCain than by his Democratic rival Barack Obama, according to a majority of economists at U.S. banks and research groups polled by Reuters.
But the survey of 29 firms taken alongside a regular Reuters economic poll also found that economists had mixed views on the two candidates' economic plans.
On a scale of 1 to 5, with 1 being "very good", 12 economists gave McCain's proposals higher marks, while nine rated the two candidates equally and eight preferred Obama's policies, according to the poll released on Wednesday.
The economy has supplanted the Iraq war as the main issue in the November presidential election between Arizona Sen. McCain and Illinois Sen. Obama.
The troubled housing market, tightening credit conditions and rising costs of food and energy have driven U.S. consumer confidence to a 28-year low.
The survey, conducted this week, found that 21 of the economists polled thought McCain would be better for the stock market in the first year after the election, while six chose Obama and two gave no response.
The sample includes a cross-section of U.S. financial institutions, large and small, including several prominent Wall Street names.
For investors, a key concern this election year is taxes on dividends and capital gains, which Obama has pledged to increase. He also favors allowing income tax cuts enacted under President George W. Bush's administration to expire, while McCain wants them made permanent.
"Preserving the capital gains and dividend tax rate (at) 15 percent is in my view very important to investors and therefore very important to Wall Street," said Hugh Johnson, chief investment officer of Johnson Illington Advisors in Albany, New York, explaining why he thought stocks would fare better under a McCain presidency.
McCain has said the Treasury Department and Federal Reserve's steps to shore up troubled mortgage finance companies Fannie Mae and Freddie Mac were correct and he hoped Congress would approve them.
Obama said any action to rescue Fannie and Freddie should be aimed at helping homeowners and not just shareholders, managers and investors.
Obama has called for a $50 billion economic stimulus package on top of the $152 billion plan passed earlier this year. McCain has proposed low income taxes and incentives for small businesses as ways to boost the economy.
A Reuters/Zogby poll released last week showed that just 10 percent of Americans gave the Bush administration positive marks for its handling of the economy.
The poll also found that Obama held a 7-point lead over McCain in the presidential race, and had a small edge on the question of who would best manage the economy.
http://www.reuters.com/article/topNews/idUSN2143994620080723
Economists For McCain
We enthusiastically support John McCain's economic plan. It is a comprehensive, pro-growth, reform agenda. The reform focuses on the real economic problems Americans face today and will face in the future. And it builds on the core economic principles that have made America great.
His plan would control government spending by vetoing every bill with earmarks, implementing a constitutionally valid line-item veto, pausing non-military discretionary government spending programs for one year to stop their explosive growth and place accountability on federal government agencies.
His plan would keep taxes from rising, because higher tax rates are exactly the wrong policy to restore economic growth, especially at this time.
His plan would reduce tax rates by cutting the tax that corporations pay to 25 percent in line with other countries, by completely phasing out the alternative minimum tax, by increasing the exemption for dependents, by permitting the first-year expensing of new equipment and technology, and by making permanent a reformed tax credit for R&D.
His plan would also create a new and much simpler tax system and give Americans a free choice of whether to pay taxes under that simple system or the current complex and burdensome income tax.
His plan would open new markets for American goods and services and thereby create additional jobs for Americans by supporting good free trade agreements such as the one with Colombia and working with leaders around the world to avoid isolationism and protectionism. His plan would also reform education, retraining, and other assistance programs so they better help those displaced by trade and other changes in the economy.
His plan addresses problems in the financial markets and housing markets by calling for increased transparency and accountability, by targeted assistance to deserving homeowners to refinance their mortgages, and by opposing so-called reform plans which would raise the costs of home-ownership in the future.
The above actions, as well as plans to address entitlement programs--especially Social Security, Medicare and other government health care programs--and his regulatory reforms--especially in the area of health care--constitute a broad and powerful economic agenda. Because of John McCain's experience working with the American people in all walks of life, with members of Congress on both sides of the aisle, and with leaders around the world, we are optimistic that these plans will become a reality and will create jobs and restore confidence and strong economic growth.
http://www.economistsformccain.com/
Ah lassie, you are just too sophisticated for Palin, I can tell that.
Yep, I can see Obama talking to Iamdididiot, of Iran.
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