It's official. Both candidates plans for the economy sucks. Unfortunately for us, Obama will win this election and I get to be proven right as to how bad his plan will screw us all. Rich, poor, middle class. All of us.
Obama just gave a speech where he mentioned being able to withdraw from your 401K by 2009 without paying penalty (or maybe within 2009 also, I wasn't fully paying attention.) This is to help get caught up on our finances. Pay off credit cards we have had to fall back to pay bills during these "hard times." We haven't seen hard times until Obama is in office. Sure. My 401k is worthless at the moment. And I mean worthless. There isn't anything there for me to withdraw if I wanted to. But eventually it will be worth what I put into it, and then some, but it will not be within this year. Any idiot can see that, right?
If I were McCain, my comeback would be somewhere along the lines of addressing what people's 401K's are actually worth right now. Why settle for less money that what you put in? Who wants to do that? Offer tax cuts while tightening the reigns on all the ridiculous spending currently going on in Washington. Create jobs to boost the economy and get your retirement back where it should be. Who wants to be working in their 70s and 80s? I can't think of anyone.
We need to see some passion from McCain for him to make a comeback. Obama is so charismatic and people are sucked into it. We need to see McCain get mad, get a backbone, and start hitting Obama where it hurts. The Obama camp says that people are only concerned with the economy right now, which works in their favor, while they blind voters with their absolutely insane economic policies that do not work.
Ask Hoover how it went over for him when he raised taxes during a recession.
Obama will not, and I repeat WILL NOT lower our taxes. Don't buy it. It's NOT going to happen and he will cost us more jobs than what we have already lost. I think more than half of this country needs a lobotomy. This does include many of the republican party.
I want my Huckabee! Why couldn't he win the primary?