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I think perhaps we were looking at two different debates. On the deficit the new president will have to come up with an extra trillion dollars to bail out the crooks. The business tax in the US is likely lower with all the loop holes, than Ireland as Obama said. Which John McCain did use as an example! But I know you will disagree. Have a nice weekend.
I fail to see how tax can be cut without horrendous public expenditure cuts-especially with the bail out. Must say Irish politicians could learn from the high standard of debate tonight. I enjoyed it.
Your post doesn't match the ad you posted.. but I'm going to comment on the ad anyway. So the point of this ad, is that Obama isn't ready to lead because he agreed with McCain 3 times?!? Yeah I guess so.. in order to be a true MAVERICK (glad McC worked that in to the debate) you can't agree with the other side or even your own side.I heard a rumor that McCain did not win "Miss Congeniality." Is that why he picked Palin? She did.
Obama did not explain how he would cut public expenditure. To make large tax cuts possible for the middle class and to ensure huge increases in health spending would require horrendous cuts elsewhere. Some form of bailout costing 700 billion dollars is required also. Where will all the money come from? Obama is following the same policy as European socialist parties. Just look at the level of taxation and public expenditure in France, Sweden, Italy etc- a product of excessive government spending. It is crazy to make such promises because the money is not there to fund them. By all means go ahead if funding is available. But it is not.
The media now says that 25% of the American people are buying into this bail-out. Not enough for the Congress to feel safe. The document has now went from 3 pages to over 100. But because its just before an election they are likly working on a new tap dance.
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