A more substantive braindump
Sep. 16th, 2008 09:16 am
More importantly, Brad DeLong boils the article down to a series of very important talking points. Among them are:
- The McCain plan includes a big tax increase on health coverage for employers and workers. With the economy in recession, that's the last thing America's businesses need.
- The McCain tax hike will lead employers to drop coverage for over 20 million Americans.
- What would happen to them? McCain will:
- Give them a small tax credit covering a third of premium cost.
- Tell them to navigate the individual insurance market on their own.
- Those already sick are completely out of luck
- Those who have not won a genetic lottery are completely out of luck
The Wonk Room brings us McCain's Economic Council, the people who inform John McCain that the economy is "fundamentally strong," a phrase McCain uttered again during what Greenspan, Bernanke, and Warren Buffet all agree is "the gravest financial crisis in our lifetime, possibly in this century." Among them are Phil Gramm, whose fanatical deregulatory regime led to the housing crisis and the current financial gridlock, and Rick Davis, whose lobbying efforts were aimed primarily at avoiding any oversight at all over Fannie Mae and Freddie Mac.
Look, I don't care if you don't like Obama. If you don't like him, Don't vote for him. Seriously.
But if you love your country, and if you want to keep your job, and if you want your kids to have health care, you cannot in good conscience vote for John McCain. To do so would be a moral outrage.