Welcome to Credit Withdrawal, if you like what you see, you may want to subscribe to my RSS feed. Thanks for visiting!

GoodGuy Now that we’re down to two candidates for the next presidency, their differences are becoming a bit clearer. They have quite a few ‘conflicting’ viewpoints on pretty much every subject under the sun so far. It’s going to make for a very interesting voting season.

No More Tweedle Dee and Tweedle Dum

The two candidates probably couldn’t be more different than if it were planned that way.

Sen. John McCain is a decorated war veteran with many years of experience in government. Sen. McCain comes across as a ‘maverick’ conservative, willing to buck the party line for the good of the people.

Sen. Barak Obama, a relative newcomer to politics, has been a strong candidate on change and government reform, especially when it comes to the war and the economy. He’s inspired a record number of young voters to come out and vote, and has been described as the ‘future of the Democratic party’ on more than one occasion.

A Sucky Economy is still a Sucky Economy

No matter your normal political leanings, both candidates are very likely going to be handed a country in the doldrums of a recession. What they are planning on doing to resolve that recession is the focus of much discussion and concern on both sides of the electorate.

Sen. McCain has already stated that he wants to make the Bush tax cuts (mainly effecting the upper bracket tax payers) permanent, in an effort to stimulate the economy. I’m not so much a fan of this approach, as it’s done very little to alleviate a recession, record budget deficits, or caused the hoped-for trickle down of money from the upper echelons. It hasn’t worked for the last eight years, so who’s to say it will work for the next four?

Sen. Obama on the other hand, wants to eliminate part of the tax cuts, primarily for those Americans making less than $250k/year. Those that make more would continue to pay the reinstated taxes, while the remaining populace would receive the benefits of the tax cuts. This means a difference of nearly a million dollars to the upper 1% of the American populace (McCain’s cuts would give back around $270k/year while Obama’s tax reinstatements would COST around $750k/year to these same upper-class earners). This still leaves the issue of budget deficits and the national debt to be resolved, which Sen. Obama hasn’t directly addressed yet.

The Differences Continue

This isn’t by any stretch, the ONLY differences between the candidates, but this is one of the bigger, more ‘political’ ones. As the general election progresses, the candidates are going to stake out more issues that differentiate them.

So, the question is,

Does the Economy significantly change the way you vote? Would you vote for a candidate that is different than your party affiliation (i.e. vote for McCain if you’re a Democrat, or Obama if you’re a Republican) based on their economic plans/views?

We hope you liked the article, Subscribe to the Feed and get our articles every day!

If you liked this post Please help me out by sharing it!
  • StumbleUpon
  • Digg
  • Reddit
  • Technorati
  • del.icio.us
  • Facebook
  • Propeller
  • Live
  • Google
  • TwitThis