Seanus:
Higher taxes should lead to improved public service provision which, arguably, America needs. Leaving the Iraqis in chaos, how dare you pin that on Obama?!!! He will inherent this predicament from Shrubco. A worse economy, go back to school lad as you are clearly lacking in understanding
I lack understanding?
If you know ANYTHING about economics you know that in times like these when we are facing high inflation and a possible recession, we need to take radical action. We need to cut taxes and deregulate business to stimulate the economy.
Instead, what does Obama support?
1. Higher taxes - which will burden the average family and reduce consumption and saving.
2. Progressive capital gains and corporate taxes - even though both reduce investment and chase away businesses and jobs to foreign countries.
3. Renegotiation of our free trade agreements - even though exports have been the only sector of the economy that has grown.
4. Windfall profits taxes on oil companies - even though oil companies are using those profits to reinvest in oil fields and oil refineries to bring oil costs down.
5. Tariffs on foreign alternative fuels, even though that will increase the cost of ethanol and other biofuels at home.
Obama is going to ruin this country's economy and his choice to pull out of Iraq is a bad one as well. Did Bush mess it up? Yeah, we only should've been there two years tops. But now somebody has to clean it up and Obama won't do it.