Presidential Candidates Economic Plans: John McCain
We’ve been looking at what different presidential candidates have to offer in terms of economic plans. As the lone remaining Republican contender, it is no surprise that John McCain offers ideas that are different from the two remain Democratic candidates. He does have some interesting ideas, especially this idea that government deficit spending should be stopped. I like the idea of fiscal responsibility, but I’d like to see it achieved by other means, I think.
Basics of economic plans offered by John McCain
- No universal health care here. Instead, McCain proposes that a refundable tax credit be offered to help offset the costs of health care and health insurance.
- Crusades against “special interests.” Thinks too much money is wasted on interests that don’t need it. Would save money by cutting funding to special interests.
- Also plans to save money by making other cuts. He’s not too specific on these, since we probably wouldn’t like them.
- McCain would stay in Iraq “until the job is done.”
- Supports job training for Americans so that they can find new jobs when outsourcing continues to take work overseas.
What do you think of economic plans offered by John McCain?
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POSTED IN: Business, Economy, Family finances, Taxes
9 opinions for Presidential Candidates Economic Plans: John McCain
Jake Stichler
Feb 21, 2008 at 12:46 pm
Excuse me, but lone remaining Republican contender?
You shouldn’t say such things until the convention is over. Just because the media says each candidate gets so many delegates, doesn’t mean those delegates are going to vote for that particular candidate.
miranda
Feb 21, 2008 at 12:54 pm
Huckabee may still be fighting, but my experience with delegates and politics and winning primaries is that John McCain is going to be the nominee. It has nothing to do with what “the media” say. McCain won more states, and Republicans are “winner take all” for the most part. Unless there’s a mass revolt, John McCain is unlikely to be unseated as the nominee.
But I know there are still Huckabee fans out there, and tomorrow, as a bonus, I will be sharing the basics of his economic plans.
Jake Stichler
Feb 21, 2008 at 1:13 pm
Well, I was referring more to the good doctor, especially since he’s by far got the best economic plan, but, whatever.
miranda
Feb 21, 2008 at 1:19 pm
Ron Paul would need a true revolution to come out with the nomination. He interests me. Quite a bit. But I disagree with him on several points. Especially getting rid of taxes.
I do like his views on the Iraq War, and I do like the idea of actual fiscal responsibility by the government, though. However, the problem is that we (individuals and big corporations especially) are so used to having certain things that I don’t know how practical it would be to institute some of the changes he proposes.
Jake Stichler
Feb 21, 2008 at 2:22 pm
Well, most Ron Paul supporters disagree with him on a thing or two. I myself don’t care for the Fair Tax either. From what I’ve understood of his writings, though, he only supports it with the premise that taxes end up lower for everyone, and without an income tax coming back later on top of it, so as to move things one step closer to as little taxation as possible. Baby steps, if you will.
miranda
Feb 21, 2008 at 2:40 pm
I guess I just don’t know how eliminating the income tax altogether would help us balance our budget. Despite all the yelling and screaming people do about deficit, if it came right down to it, we expect a lot from our government, and it has to be paid for somehow. A national sales tax would have to be quite high, and that doesn’t even include the fact that you would still have to add MORE tax from states on top of it.
I wonder if a smaller graduated flat tax, combined with a modest national consumer sales tax on non-grocery items, would solve some of the problems…
Election 2008: Will It Effect Your Personal Finances?
Apr 2, 2008 at 9:08 am
[…] Hillary Clinton and Barack Obama, and then decide between whichever of those two survives and John McCain, consider whether or not you agree with their economic policies, and how they would affect your own […]
T
Sep 24, 2008 at 12:37 pm
unfornately i dont think John McCain has any true ideas or concrete ideas on how he would like to CHANGE the nation toward the positive. he isnt changing or making things better in the USA.where’s the help going to come from for the USA citizens. there’s no need for us,americans, to still be over in the country of IRAQ. we arent making it any better being there. those citizens dont want us there. obviously thats why many soldiers keep dying by suicidal citizens, bombs, and night missions. instead he should be paying more close attention his home country than theres. that nation has been out of wack for years. years before the first initial attack made on the USA. it seems to me that McCain wants to stay there because of vengence, not solidifying the nation back into one piece. and another thing when will these tax refunds be issued accordingly to pay for medical and health insurance. insurance is paid on a monthly bill, not annually. but that is just my views on the little made comments on his address towards the economy. and what about the small businesses that suffer from higher taxes or insurance that needs to be distributed to employees with benefits. how will he address that? what about the crime that occurs in the USA. the homicide rate is increasing ascendingly.how will that be addressed.this nation has many problems that havent been addressed over the many years.
miranda
Sep 24, 2008 at 1:01 pm
Thank you for sharing your thoughts, T! I agree that McCain’s economic policies would not be the best for the U.S.
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