Here’s an editorial discussing McCain’s talk about cutting pork and comparing it with his spending plans. The author says McCain talks big about cutting spending, but if you look at his spending plans and compare it with his intended tax cuts (or even just a refusal to raise taxes) you are left with a growing deficit. I’m not sure about this guy’s math (I have to look more into McCain’s specific proposals and compare them to Obama’s) but he raises the issue that I think may decide how I vote. At the very least it will factor in to the decision.
I fully believe the Government already gets more than enough money, and it is incredibly wasteful. If I had my druthers, Government spending would be cut and taxes would be lowered. George Bush increased spending and cut taxes – hence our gigantic budget deficit and bloated national debt. If McCain’s plans truly are cut-taxes-and-increase-spending then our debt will keep growing and our economy will not be the better for it. As someone who desperately wants our Government to get smaller and for people’s attitudes to change re: Government’s role and responsibility, I don’t like having these two options:
1) Raise taxes and raise spending (Obama)
2) Lower taxes and raise spending (McCain)
I think both of the above approaches are bankrupt (hah) for different reasons, but neither are good.