I just wondered if the current POTUS had a single supporter here.
I'm a moderate by most accounts. Liberal on social issues and lean closer to the conservatives on fiscal policy.
The bottom line is neither candidate will live up to what they are telling you.
Job creation will not happen under either plan. Its baseless political bantering from both parties aimed at the Toby Keith listening Natty Light drinkers. The notion that manufacturing jobs will ever return to the United States is a pipe dream. Our high mimimum wage and regulation ensures that the rest of the world will offer a competitive advantage to businesses. In order for the US to become competitive we would have to either devalue the dollar or place high tariffs on imported goods. Neither of these scenarios benefits the American populace as they create inflationary conditions.
We will likely never see 5-8% GDP growth as was the case in the 20th century. Its a new era of globalization and comparing to the past is simply moronic at this point. There is a new "normal". The Party that accepts this and moves forward will seize control over the next generation.
Romney's plan wont work because he doesnt really have a plan. Calling China a cheater doesnt actually mean anything. Cutting taxes on the rich hasnt ever worked before, in fact during America's most prosperous times the marginal tax rate on the rich was double what it is now.
Obama's Keynesian economic model wont work because it will never be fully realized with a divided house and senate. We also have reason to be skeptical based on the problems in Europe which has a more progressive welfare state.
So, the question for me in the election is which candidate will do the least damage over the next four years. Unless Mitt convinces me otherwise, I'll stick with BOB. At least I know where he stands.
This post was edited on 10/4 at 8:22 am