
I just got done perusing the section of John McCain's website dedicated to the economy. It sounds great:
- Make gas cheaper
- Make gas cheaper
- Make gas cheaper
- Save mortgages
Wow! I want cheap gas!
What is John McCain's plan for this? I'm supposed to say something witty here, but there's nothing to say. The problem is, he doesn't have any actual viable solutions for making gas cheaper. If you read his site, you get the impression that being the president gives you a magic wand to cast spells on OPEC. Unfortunately, some people are actually buying it.
I understand the willingness to succumb to a hope that a candidate can magically accomplish things, I really do. But I've never seen a more obvious attempt at pandering in my entire life.
The painful reality of John McCain's economic plan is that he has no idea how to pay for anything. His website says the following (I've made all quotes red, sort of like the Unites States' check register):
John McCain Will Help Americans Hurting From High Gasoline And Food Costs. Americans need relief right now from high gas prices. John McCain will act immediately to reduce the pain of high gas prices.
That sounds great but, how? How are we, who have a flagging dollar, supposed to make this reduction in gas prices. Better yet, how do YOU, John McCain, plan on making that happen?
From his site:
John McCain Will Stop Filling The Strategic Petroleum Reserve (SPR) To Reduce Demand. International demand for oil is bolstered by federal purchases for the SPR. There is no reason to fill it when oil is so expensive; the overall SPR is of adequate size, and when it places further upward pressure on prices. So what he is saying is, we are already at the mercy of countries that hate us, but we should stop stockpiling reserves. What happens in a real war? What happens if OPEC finally decides to really start price gouging? Then we are at the complete mercy of their whims. I am by no means a protectionist, but I am also pessimistic about our relations with the largest oil producing countries.
By stopping the filling of our reserves, McCain's plan serves to increase our potential reliance on foreign oil. It is a classic pandering band-aid plan. Its sole purpose is to win an election. If we are to reduce gas prices, we must reduce demand, which will succeed in giving us more bargaining power.
McCain also proposes a "gas tax holiday" which is another shiny gimmick to get votes, but will do more harm than good according to every major economist in America. It's like giving away a free toaster with the purchase of a Mercedes Benz, it's a crude ruse to get your vote.
Check it out here:
http://www.reuters.com/article/politicsNews/idUSN3038243520080430
John McCain has even more plans to get votes:
John McCain Is Proposing A New "HOME Plan" To Provide Robust, Timely And Targeted Help To Those Hurt By The Housing Crisis. Under his HOME Plan, every deserving American family or homeowner will be afforded the opportunity to trade a burdensome mortgage for a manageable loan that reflects their home's market value.
So we're going to save families' homes by bailing them out with federal funding. It sounds great. How does John McCain plan on paying for it? This genius idea:
John McCain Will Cut Taxes For Middle Class Families. John McCain will permanently repeal the Alternative Minimum Tax (AMT) – a tax that will be paid nearly exclusively by 25 million middle class families. Repealing this onerous tax will save middle class families nearly $60 billion in a single year. Under McCain's plan, a middle class family with children set to pay the AMT will save an average of over $2,700 – a real tax cut for working families. I'm confused. We're going to keep Bush's tax cuts, eliminate the AMT, and lower coprorate taxes by 10%, right? So now the question becomes, where does McCain plan on getting the money to bail out homeowners? Better yet, where does McCain plan on getting funding for the military to keep us in Iraq for 5-100 years?
Cutting taxes sounds great to the average American, but what's the point of having a little more coin in your pocket if the dollar isn't worth anything? Is it worth sacrificing our education, roads, and military just to save the middle class a small amount? The lost benefit to the nation as a whole far outweighs the immediate benefit to the middle class. Simply put, I'd rather pay a little more in taxes in exchange for armed forces that are actually properly equipped.
All that John McCain proposes to do is spend money and cut taxes. I have a news flash, you plunge us into ever increasing national debt by continuing to spend without paying for it. It's no wonder that our nation is credit-sick, our government leads the way!

We have soldiers in Iraq with no body armor, and John McCain wants to cut taxes? We are trying teach our citizens to be credit-smart.....by raising the national debt? It just doesn't make any sense. John McCain has a bunch of great-sounding ideas, but no concrete way of making them come true. He's like a 15 year old with an American Express. He wants to spend with no plan on paying it back.
How about being fiscally responsible for once? If we can't afford a war, get out of it! McCain calls Obama a "tax and spender." I'd rather have a "tax and spender" than a "spend and spend and spender."