Wall Street Journal BLASTS McCain

[Aiemond]

Kasz216 said:

ManusJustus said:

Kasz216 said:

ManusJustus said:

Kasz216 said:

ManusJustus said:
The Wall Street Journal (and Wall Street itself) is very pro-Republican. Its obvious to most Americans that John McCain doesn't have a grasp of the economy, he has even admited it before, but for the Wall Street Journal to call him up on it is huge.

It's more John McCain doesn't have a truley republican look on the Economy. They like Obama more because he's a free trade no tariffs on anything guy.

McCain is for free trade, Obama wants to revise NAFTA to make other countries more responsiable for labor and environmental concers.

 

Which doesn't help Americans at all. John McCain on the otherhand has actual plans to help those who lose jobs due to freetrade.

What plans does McCain have?

Obama plan helps Americans because we are less competitive to other countries that abuse their labor force. An American worker just cant compete 'price wise' with child labor in Asia. Also, American factories have trouble competing with foriegn factories that have little to no pollution restrictions. The only way to balance this out is to make other countries more responsible in how they treat their labor force and the environment (and I'm not talking about global warming).

There is no way to force anyone to actually follow any restrictions you place, since Obama and most presidents wouldn't ahve the courage to actually pull out of said agreements.

Obama's plans are all talk in this regard.

McCain's plans involve retraining and creating more jobs, in the actual places that need them. Not Obama's plans that mostly help states like Illnois already well covered with unneeded wasteful subsidaries.

 

 

Your wrong about what obama plans to do about keeping american jobs. Read

barackobama.com/plan

 

• End Tax Breaks for Companies that Send Jobs Overseas: Barack Obama and Joe Biden believe that companies should not get billions of dollars in tax deductions for moving their operations overseas. Obama and Biden will also fight to ensure that public contracts are awarded to companies that are committed to American workers.
• Reward Companies that Support American Workers: Barack Obama introduced the Patriot Employer Act of 2007 with Senators Richard Durbin (D-IL) and Sherrod Brown (D-OH) to reward companies that create good jobs with good benefits for American workers. The legislation would provide a tax credit to companies that maintain or increase the number of full-time workers in America relative to those outside the US; maintain their corporate headquarters in America if it has ever been in America; pay decent wages; prepare workers for retirement; provide health insurance; and support employees who serve in the military.
• Improve Transition Assistance: To help all workers adapt to a rapidly changing economy, Obama and Biden will update the existing system of Trade Adjustment Assistance by extending it to service industries, creating flexible education accounts to help workers retrain, and providing retraining assistance for workers in sectors of the economy vulnerable to dislocation before they lose their jobs.

Also,

Provide Tax Relief for Small Businesses and Start Up Companies: Barack Obama and Joe Biden will eliminate all capital gains taxes on start-up and small businesses to encourage innovation and job creation. Obama and Biden will also support small business owners by providing a $500 “Making Work Pay” tax credit to almost every worker in America. Self-employed small business owners pay both the employee and the employer side of the payroll tax, and this measure will reduce the burdens of this double taxation.

 

So what you like in McCain's plan, retraining, is covered here by obama. Also, He gives tax credits to small bussiness, a very good thing, and he will give TAX CREDIT to companies that keep american workers and decrease tax credit for companies that MOVE jobs oversees, making it more COST EFFECTIVE to keep the workers here. THATS what will keep jobs, making it so they make more money and thats what tax credits will do. It will make american workers much more competitive with cheap labor force. Better educated workers, more tax credit will make companies think twice about moving jobs.