Gramm, a former economics professor, retired from the Senate in 2002 and has been an investment banker at UBS. He joined old friend McCain’s then-floundering campaign in July and helped turn it around.Regarding those Bush tax cuts that Clinton-Obama want to roll back:“If McCain follows Gramm’s counsel, and most of his current positions are vintage Gramm indeed, his policies as president would represent not just a sharp departure from the Bush years, but an assault on government growth that Republicans have boasted about, but failed to achieve, for decades,” Fortune magazine observes.
...McCain now support extending the Bush tax cuts he twice voted against. But unlike Bush, he would seek to drastically cut spending.McCain's right about lack of spending control. Just take a look at this chart from the CBO:“McCain’s main objection when Congress passed the tax cuts was that we didn’t have spending controls,” Gramm told Fortune.
Based on the following chart showing the Bush tax cuts shifting more of the burden to the rich, you have to ask who are the Democrats shilling for if the tax cuts are repealed?
BTW, I saw one of my liberal friends at the dog park today and asked if she had decided on a candidate. She said she is going to vote Obama. Then she said McCain really scares her. I said, knowing she hates Bush, "He can't be scarier than Bush, can he?" "Oh no he's worse, she said, "he's really scary!
Libs, you gotta' love them!
Sen. John McCain Bush Tax Cuts Mover MIke
Update:
