Which Candidate Has the Best Plan for the Economy?
In a recent poll from the Rasmussen Reports, 81% of the respondents said that the economy is the most important issue in the Presidential campaign. A couple of days ago we asked our readers their opinion and 77% agreed.
The remaining three candidates of the Democratic and Republican parties- Hillary Clinton, John McCain and Barack Obama have their plans for our economy on their sites, some with a little bit more detail. Reading through all of them, there are a lot of similarities and some glaring differences.
Sometimes is it just as important to have an opinion on who will be able to put an effective plan into action as it is to have an opinion on their programs. For instance, do you think a candidate is proposing a realistic program, one that will work or do you think a candidate is just making unrealistic promises and/or promising too many things, just to get votes.
Read up on the candidates and vote for the one you have the most belief in. The voters are right. The economy is the most important issue in the campaign. The economy affects every other facet of our lives.
Hillary Clinton’s economic plans include lowering the tax rate for the middle class. Clinton plans to accomplish this by expanding the middle class tax cuts such as the child tax credit and the relief from the marriage penalty. Clinton also plans to introduce tax cuts for healthcare, college and retirement and expand the Earned Income Tax Credit as well as the child care tax credit and bring businesses to rural areas.
Clinton also wants to return to the economic polices of the 90′s when new expenditures had to be funded by either new revenue or budget cuts in other programs and aim for a balanced budget and surpluses.
Some of John McCain’s plans are similar such as cutting taxes for middle class families. McCain also wants to make it harder to raise taxes by requiring a 3/5 majority vote in Congress . Some of the other parts of McCain’s economic agenda are to cut the corporate tax rate from 35% To 25%, ban internet taxes, ban new cell phone taxes, lower medicare premiums, lower barriers to trade, and make American workers more competitive.
Barack Obama’s plan calls for tax cuts for the middle class, a fair trade policy, changes in the North American Free Trade Agreement, investing in USA manufacturing, establish new job training programs, create new renewable energy jobs, take action against mortgage fraud and predatory credit card practices and change the bankruptcy laws.
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