If that doesn’t work, we can pay off the deficit with this pot o’ gold I found at the end of a rainbow…

Josh Marshall is right when he says that John McCain’s economic plan is hilarious. Apparently Maverick thinks he can balance the budget with all the savings we’ll reap from winning the wars in Iraq and Afghanistan. Here’s a sneak peek at his economic advisors coming up with their budget plan :


Then a miracle occurs

Seriously though, there’s a few problems with McCain’s miraculous budget plan. First, it doesn’t contain any numbers, just wishful thinking. I’m no economist, but I’m pretty sure I remember reading somewhere that you’re going to need to do some math at some point.

Second, we can’t afford the wars now. Paying for the occupation of two countries full of people who hate us is actually causing a lot of the budget problems that McCain is claiming to solve. If things get remarkably better under a McCain administration, we’d still going to be spiraling even deeper into debt to finance his grand plans for a North Korea-style permanent military presence. Besides, even if he were to end the war and pull all of our troops out of both countries, there’s a big difference between promising to stop digging a hole and actually having a plan to fill it back in.

Finally, if John McCain’s plan to win the wars is related to the Bush policy he’s spent the last year and a half cheerleading, then it’ll just make our budget problems worse. We’re in a “surge”, remember? All those extra troops cost a lot of money, so if John McCain’s bluster about the surge working can be taken at face value, then the only way to win the war is send more troops or, to convert this into the McCain budget plan, the only way for us to save money is to spend a lot more of it.


posted by greg on July 8, 2008 @ 10:22 am

3 comments »

  1. [...] Via The Talent Show. [...]

    Pingback by JABbering Stooge :: Internet Traditions for Economic Dummies :: July :: 2008 — July 9, 2008 @ 6:14 am

  2. Step 1: Collect Underpants.

    Step 2: …

    Step 3: Profit!

    Comment by Colin — July 9, 2008 @ 7:39 pm

  3. McCains “economic plan” is gibberish,its a spit polished version of Bushs three card monte,whereby the goverment,and their corporate conspirators employ,fines,regulations,permits,taxs,scams,war,militerized police,propaganda,and strong-arm robbery,to seize power,and assets,while maintaining control of the people,and their common markets.McCains is in the multinational corporate pocket,he is all for the incarceration of ordinary citizens,but wants total immunity for goverment/corporations,a hallmark of any fascist regime.Saddly when it comes to voting for retroactive immunity,and giving a public legislative greenlight,to unlimited corporate/goverment criminality,McCain is not alone.Now,its a matter of which BIG BROTHER you want to vote for,but don’t expect McCain,or Obama,to retroactively pardon the “crimes” of the people,the common citizen will still be prosecuted,fined,and inprisoned like clockwork,while the goverment/corporations,rule as criminal potentates,dividing their plundered spoils,with no fear of prosecution.When both presidential candidates vote for retroactive goverment/corporate immunity,especially when the crimes involve the privacy of American citizens,it presents a clear snapshot of a nation firmly in the grip of a thinly disguised fascist state.I still prefer Obama’s dignified demeanor to, McCains blantant lunacy,but I can no longer dare to hope,that as president,Obama would seek to restore privacy,civil liberties,or even attempt a fayned apperance,of understanding,or supporting,equal treatment under the law.Obama has failed to reject,any of the police state apparatus,created by the Bush regime,his vote for immunity,further strengthens,a criminal,fascist,state,which he then hopes to inherit.Obama is still the lesser of two evils,but as the campaign rambles on,that fact,is based more on aesthetics,rather than substance.

    Comment by pogo — July 10, 2008 @ 5:25 pm

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