There is much talk about how the economy is in terrible conditions and question who would do something to improve it; Senator Barack Obama or senator John McCain?
A few years ago during Bill Clinton's administration senator Hilary Clinton proposed to raise taxes in order to improve the economy and today senator Barack Obama has consider the Olympics 2008 to air his economic plan ad. In a brief 30 second commercial Obama explains what his economic plan includes: demanding overseas companies to pay taxes. He is willing to help those business that help create job opportunities in the United States. He is also willing to lower taxes to help the middle class families. Obama claims he will raise taxes to those who make 250,000 or more annually even though it can take 10 years to occur. Experts on the other hand don't see that raising taxes can really help grow the economy since only 20 percent make about 250,000 a year.
Former Chief Executive of Hewlett-Packard mentions that," the reality of Barack Obama's record is the following: he has voted to raise taxes 94 times in his short time as senator." Obama really believes that raising taxes can help the growth of economy. Obama has hope that his plan works in the long run.
Meanwhile Senator McCain's campaign express that Obama's plans of raising taxes would not work in the contrary it can hurt the development of employment. McCain plans to improve the economy by lowering taxes.
Who is really willing to improve the economy? Right now the odds favor Barack Obama.
http://www.kentucky.com/518/story/489910.html
http://news.yahoo.com/s/nm/20080815/ts_nm/usa_politics_obama_dc_2
To view obamas economic video:http://www.youtube.com/watch?v=q_5h4QuIMpw
Saturday, August 16, 2008
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Barack Obama's plan seems much more appealing since it possesses greater detail than McCain's. I like the fact that Obama is focusing on helping middle class families. Our economy really is going down the toilet and all Obama can really do is prevent it from being flushed all the way into the sewer. Let's just hope that his plan doesn't make it harder for us poor people.
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