McCain had another new economic plan before he didn't

[bigtree]

October 12, 2008


No New Economic Policy Is Expected From McCain

WASHINGTON — Despite signals that Senator John McCain would have new prescriptions for the economic crisis after a weekend of meetings, his campaign said Sunday that Mr. McCain, the Republican presidential nominee, would not have any more proposals this week unless developments call for some.

The signs of internal confusion came as the campaign is under pressure from state party leaders to sharpen his message on the economy and at least blunt the advantage that Democrats traditionally have on the issue in hard times. Republicans have grown fretful as Senator Barack Obama, the Democratic presidential nominee, has edged ahead in polls three weeks before the election, while Mr. McCain has veered between ill-received economic plans and attacks on Mr. Obama’s character.

On Saturday, his advisers were considering a range of economic ideas, one indicated. On Sunday, on the CBS News program “Face the Nation,” Senator Lindsey Graham of South Carolina, a confidant of Mr. McCain, confirmed a report on a Web site, Politico, that Mr. McCain was weighing proposals to cut taxes on investors’ capital gains and dividends. “It will be a very comprehensive approach to jump-start the economy,” Mr. Graham said, “by allowing capital to be formed easier in America by lowering taxes.”

But McCain advisers later said they did not know why Mr. Graham said that. One noted that Mr. McCain’s economic plan already would cut capital gains and dividend tax rates, by extending President Bush’s 2003 tax cuts. At the phone bank, Mr. McCain declined to answer a question from a reporter about what he was considering.

“We do not have any immediate plans to announce any policy proposals outside of the proposals that John McCain has announced, and the certain proposals that would result as economic news continues to come our way,” a campaign spokesman, Tucker Bounds, said. Mr. McCain’s policy adviser, Douglas Holtz-Eakin, said, “I have no comment on anything, to anybody.”


article: http://www.nytimes.com/2008/10/13/us/politics/13plan.html?ref=politics


he's got NOTHING

[FrenchieCat]

1. And cutting Capital Gains in this climate doesn't make sense.....

cause there are no gains, only losses.

[Cresent City Kid]

2. I never thought of that

But McCain advisers later said they did not know why Mr. Graham said that. One noted that Mr. McCain’s economic plan already would cut capital gains and dividend tax rates, by extending President Bush’s 2003 tax cuts. At the phone bank, Mr. McCain declined to answer a question from a reporter about what he was considering.

Announcing trickle-down as your "new" policy is bad enough, but rolling it out as "new" when it's already in your plan is beyond erratic.

[bigtree]

3. chaos

in McCainland

[Zenlitened]

4. There is no new new plan, so he's back to the old new plan.

Makes perfect sense to me. America needs John McCain in the Oblong Office!