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Home » News » Business

Monday, August 11, 2008

McCain, Obama target trade's impact

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peterclarke

Obama the Junior Senator, is not for free trade nor is he for capitalism. His proposed $1,000-per family energy rebate to be paid for by a tax on excessive American oil company profits confirms his anti capitalism ideas. The Junior Senator Barack Hussein Obama, is taking positions very similar to those of Venezuela's Hugo Chavez! Is his next step to nationalize the oil companies and then the Banks, the pharmaceutical companies, the coal companies etc. etc.? We will have to wait and see if his attempt to hoodwink the American voters will succeed or not. But we now have a clear position in the upcoming election. Socialism (Democrats) or Capitalism (Republicans) Keep Smiling...
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JRichman

Thank you for a detailed examination of the candidates positions on trade. As you note, voters are increasingly concerned about trade and job outsourcing. I appreciate the summary of the candidates positions, but I would have liked to hear some analysis of the economics of trade, and discussion of what economists and other analysts have concluded about the various agreements, not to mention the costs and opportunities of trade. How many million jobs has the trade deficit cost the US, and so forth. McCain and Obama's positions on China also deserve some further discussion. For instance, McCain wrote an editorial several months ago that took a pretty hard line on China. Because both candidates have shifted their positions to a degree on trade, it is important to examine their positions carefully. Jesse Richman tradeandtaxes.blogspot.com
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