McCain is losing on the economy because he is afraid to slam Bush. Don’t slam Bush, slam the financial meltdown and take a stand. O’bama and the media already admit that revenues are going to drop and that a recession is imminent. Their traditional answer of raising taxes to get “more revenue” is disastrous. And though cutting taxes in 2003 ended a recesssion and increased revenues, cutting anything but capital gains is suicide at this point.
Let’s agree to all make the sacrifice and hold spending at the current levels during this down turn. In a few years revenues will be back up and we can decide if we need to increase the size of any government programs at all. Since many of us will not notice the difference, maybe we will spend it more wisely.
O’reilly hit it right on the head in his talking points (timestamp 1:00) for 9/29.