A Matter of Math
For anyone who has balanced a checkbook there is one element of the economy that is easy to relate to. If spending increases, income has to increase. This is the root of economics in its simplest form, and it holds for the government just as it holds for you or me. The big difference being the government’s income is our taxes. Senator McCain has a record of fighting earmarks and wasteful spending. Senator Obama recently supported the pork-laiden farm bill and has more plans for increased spending. Senator McCain addresses health care by taking on the massive inflation assosiated with health care costs as well as proposing tort reform. Senator Obama’s plans for nationalized health care will require massive spending by the government. Increased taxes whether on the middle class or the wealthy simply hurts the economy, particulary when the economy is struggling. Government give aways may win votes, but it doesn’t help the economy as the math doesn’t add up.
1 comment June 8th, 2008
