McCain’s Economic Plan, a Lesson in Waffling

McCain’s economic plan

John McCain turns attacks against new target – President Bush

John McCain Thursday looked to beat Barack Obama by stealing the Democrat’s top argument – that George W. Bush has been a lousy President.

“We just let things get completely out of hand,” McCain said in issuing blanket condemnations of Bush’s policies – foreign and domestic – and the Republican Congress in which he served.

On the stump and in interviews, McCain took Bush-bashing to a new level by charging that an Obama presidency would be a replay of the last eight years of Republican rule.

At a Florida rally, McCain seized on a new jobless report to claim that “Obama’s only answer is to double-down on the Bush administration’s legacy of out-of-control spending.”

So what is McCain saying, that Bush pals around with terrorists, is a secret Muslim and a socialist who wasn’t eligible to be president because he was born in Kenya, then smuggled into the country with a fake birth certificate. Bush’s “out of control spending”, that would be the same budget priorities that McCain voted for the vast majority of the time. Mccain even sighted the Congressional Quarterly Report that showed he was one of Bush’s most ardent supporters,

McCain said in a May 22, 2003 interview on Fox’s “Your World with Neil Cavuto.” “There was a recent study that showed that I voted with the president over 90 percent of the time, higher than a lot of my even Republican colleagues.”

Johnny Mac is running the Spaghetti Campaign, he just keeps throwing stuff at the public hoping something sticks. McCain, the guy that doesn’t know how many houses he owns, or cars or how much gas costs and has never held a private sector job except for a short stint working for his father-in-law isn’t above giving himself a huge tax break – which one assumes is for all the back breaking work he does. The Center for American Progress took at look at McCain’s tax plan and it looks suspiciously like Bush’s,

MCCAIN WOULD DOUBLE DOWN: McCain claims that “in this country, we believe in spreading opportunity.” But his Bush-like economic policies would only further America’s income inequality. In fact, by extending Bush’s tax cuts to the wealthy and proposing $175 billion in tax breaks to America’s largest corporations, McCain’s regressive economic agenda would redistribute wealth to the richest Americans during a period of stagnating wages and growing economic anxiety. The bottom 60 percent of taxpayers would see only 12 percent of the benefit from McCain’s plan to extend Bush’s tax cuts, while over 100 million middle class households would receive nothing from McCain’s proposal.

McCain has promised to balance the budget by slashing federal spending on veterans benefits, defense, social security, health-care, science research and NASA among other things. No doubt there is some waste to be found after nearly eight years of Bush and Republican cronyism, pork and misguided priorities, but not trillions of dollars worth. Maybe that is why McCain has also insisted that he will not cut defense, veterans care, health-care, and science funding. It was a centerpiece of the Bush/Rove governing style to treat the public as though they had a memory of events that lasted about two weeks. McCain’s propaganda hangs on the hope it will last about 24 hours, about the same amount of time it takes him to find a new audience and and take a new position.

If Obama was a Marxist, which is laughable – its as though the Right has gone up in the attic and pulled down their partisan attacks from the sixties – Libertarians and true fiscal Conservative would be running as far a away from Obama as they could, The Economist on Libertarians and Conservatives for Obama

The biggest brigade in the Obamacon army consists of libertarians, furious with Mr Bush’s big-government conservatism, worried about his commitment to an open-ended “war on terror”, and disgusted by his cavalier way with civil rights. There are two competing “libertarians for Obama” web sites. CaféPress is even offering a “libertarian for Obama” lawn sign for $19.95. Larry Hunter, who helped to devise Newt Gingrich’s Contract with America in 1994, thinks that Mr Obama can free America from the grip of the “zombies” who now run the Republican Party.

But the army has many other brigades, too: repentant neocons such as Francis Fukuyama, legal scholars such as Douglas Kmiec, and conservative talk-show hosts such as Michael Smerconish. And it is picking up unexpected new recruits as the campaign approaches its denouement. Many disillusioned Republicans hoped that Mr McCain would provide a compass for a party that has lost its way, but now feel that the compass has gone haywire. Kenneth Adelman, who once described the invasion of Iraq as a “cakewalk”, decided this week to vote for Mr Obama mainly because he regards Sarah Palin as “not close to being acceptable in high office”.

The rise of the Obamacons is more than a reaction against Mr Bush’s remodelling of the Republican Party and Mr McCain’s desperation: there were plenty of disillusioned Republicans in 2004 who did not warm to John Kerry. It is also a positive verdict on Mr Obama. For many conservatives, Mr Obama embodies qualities that their party has abandoned: pragmatism, competence and respect for the head rather than the heart. Mr Obama’s calm and collected response to the turmoil on Wall Street contrasted sharply with Mr McCain’s grandstanding.

Much of Mr Obama’s rhetoric is strikingly conservative, even Reaganesque. He preaches the virtues of personal responsibility and family values, and practices them too. He talks in uplifting terms about the promise of American life. His story also appeals to conservatives: it holds the possibility of freeing America from its racial demons, proving that the country is a race-blind meritocracy and, in the process, bankrupting a race-grievance industry that has produced the likes of Jesse Jackson and Al Sharpton.

As of today add another Obamacon, Former GOP senator, vet backs Obama

Former Sen. Larry Pressler (R-S.D.), who was the first Vietnam veteran to serve in the United States Senate, is the latest Republican to back Sen. Barack Obama’s presidential campaign, Politico learned Sunday.

Pressler, who said that in addition to casting an absentee ballot for Obama he’d donated $500 to the Illinois senator’s campaign, cited the Democrat’s response to the financial crisis as the primary reason for his decision.

I just got the feeling that Obama will be able to handle this financial crisis better, and I like his financial team of [former Treasury Secretary Robert] Rubin and [former Federal Reserve Chairman Paul] Volcker better,” he said. By contrast, John McCain’s “handling of the financial crisis made me feel nervous.”

The former senator added that he hoped the next president would help place restraints on executive pay, and said: “I don’t think [McCain] will take action in that area, or he’s as likely to.”

Will the Right step up and start smearing yet another vet who has decided to put country ahead of rabid partisan nationalism.

McCain is not going to even come close to winning in California. Never let a six year old play with matches or a Republican play with statistics.

Remember McCain advisor Nancy Pfotenhauer, “I certainly agree that Northern Virginia has gone more Democratic…But the rest of the state–real Virginia if you will–I think will be very responsive to Senator McCain’s message.”

On Wednesday, Milbank, to his “surprise,” found an estimated 12,000 people lined up to participate in a rally at the Richmond Coliseum for Senator Obama, “the leader of anti-America America.”

I’ve visited Richmond many times and its much more moderate then Pfotenhauer wishes it were.