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Politics : View from the Center and Left
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To: cnyndwllr who wrote (93172)11/3/2008 10:36:28 PM
From: Sdgla   of 541786
 
<Obama and his advisors understand that the primary problem with the economy is that there is inadequate demand. That means that you have to give a boost on the demand side of the economic equation. You can do that through federal tax cuts for the average family who will, unlike the average wealthy family, have needs that will require that money to be put into circulation pulling down inventories and stimulating profits and jobs. >

I think your premise is incorrect. Obama and his surrogates have yet to clearly define where the breaks will be. No need to outline the quotes for you as I'm sure you've heard $250K/$200K/$120K speeches from the dem surrogates. So tax cuts are not the answer to our economic woes.

JMO but the answer is reducing government spending and the entitlement programs. Social Security is the Titanic that will sink us all if not addressed immediately.

Obama's wrong on energy as well.

Coal is not valid for him. Nuclear wont work for him as he states we are unable to deal with the waste. Drilling for oil is unacceptable for him as well.

Wrong on all counts. All of the above will move our economy in the right direction and pick up the slack from defense spending... although dealing with Islamic extremists will continue to require spending as well.

I'll move to your next post.
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