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Home Front: Politix
Obama's Plans for Your New Taxes
2008-06-18
He's in Michigan to kick off the second week of a tour focused on the economy, and this week he plans to outline his 'plans to make America more competitive for the 21st centuryÂ’s global economy,' Obama's campaign says.

In a speech at Kettering University in Flint, Obama laid out 'his comprehensive national competitiveness agenda, including his plans to improve our education system, achieve energy security, encourage innovation, rebuild our infrastructure, and pursue smart trade policies so that we create the jobs of the future here in America,' the campaign statement continued.

'There are some who believe that we must try to turn back the clock on this new world; that the only chance to maintain our living standards is to build a fortress around America; to stop trading with other countries, shut down immigration, and rely on old industries. I disagree,' Obama said. 'Not only is it impossible to turn back the tide of globalization, but efforts to do so can make us worse off.'
He's keeps picking on the Kos Kiddies like that and they won't vote for him ...
He said the election presents a clear choice. 'Instead of reaching for new horizons, George Bush has put us in a hole, and John McCain’s policies will keep us there. I want to take us in a new and better direction. I reject the belief that we should either shrink from the challenge of globalization, or fall back on the same tired and failed approaches of the last eight years. It’s time for new policies that create the jobs and opportunities of the future– a competitiveness agenda built upon education and energy, innovation and infrastructure, fair trade and reform.'
And somebody else's money.
On education, that agenda includes improving early childhood programs, funding No Child Left Behind, paying teachers more, and creating a tax credit for the first $4,000 of college tuition, in return for public service sort of mercenary students. On energy, his plan includes investing in alternative fuels and creating 5 million new green jobs by investing $150 billion over 10 years to advance the next generation of biofuels, renewable energy, and low-emissions coal plants. On research, Obama says he will double federal funding for basic research, make the Research and Development tax credit permanent, and make available next-generation broadband Internet access to every American community.
Whoa, BABY!
Most every American community has internet service already.
On transportation, he proposes a National Infrastructure Reinvestment Bank to expand and enhance federal transportation investments. And on trade, Obama pledge to increase enforcement of deals, and to update copyright and patent systems.
Every time Congress 'updates' copyrights the terms get longer and longer ...
Blair Latoff, a Republican National Committee spokeswoman, responded: “Obama’s proposals for raising taxes and limiting free trade will make America less competitive and will not create new jobs or promote prosperity. Whether it is smacking job-producing small businesses with a massive tax hike, or voting to raise taxes on Americans making as little as $32,000, Barack Obama’s ideas always end with hardworking people picking up the tab.”
Posted by:Bobby

#11  I've been trying to track his accomplishments and it's a vapor trail. Nothing there to track.
Posted by: Deacon Blues   2008-06-18 16:24  

#10  Obviously there's still a few jobs left to give away to china and india.

Won't have to worry about outsourcing when his immigration plan lets all those third world types into the country. Hell, you'll have to go to India to find yourself a little open space. In this respect, he's not much different from McCain.
Posted by: Abu Uluque   2008-06-18 12:31  

#9  Big Jim, you could always become a "Community Organizer" in Chicago. Apparently it's a pretty easy job, and few accomplishments (like actual achievements or goals met) are required
Posted by: Frank G   2008-06-18 12:30  

#8  creating a tax credit for the first $4,000 of college tuition, in return for public service

Oh be still my beating heart!!!
That would finance almost half of one semester of my in state tuition at UK (books and board not included). And all I have to do is pick up trash on the freeway or scrape pigeon shit from the bridge girders of the overpass? Wow! what a sweet deal for me.
Posted by: bigjim-ky   2008-06-18 12:01  

#7  It appears he's from the government and is here to help...
Posted by: tu3031   2008-06-18 11:58  

#6  Obviously there's still a few jobs left to give away to china and india.

You go boy!!!
Posted by: bigjim-ky   2008-06-18 11:57  

#5  According to Al Gore's speech Obama is also gonna guarentee we all get fresh, healthy tomatos on our BLTs.
Posted by: Deacon Blues   2008-06-18 11:01  

#4  y investing $150 billion over 10 years

Investing? Where is he planning on getting $150 billion to "invest" with? What stocks and bonds is he buying for investments?

Ok - so he's lying. He means increase taxes to get $150 billion and SPEND it in government funding of his leftist supporters in the universities to do research, much of which is of dubious value.
Posted by: OldSpook   2008-06-18 10:12  

#3  eLarson - I remember a comedian on Saturday Night Live who did an AlGore impersonation of his Social Security 'lockbox' concept back in 2000. As I read your comment, I could hear that comedian's (and Uncle Al's) droning voice saying it.
Posted by: Mullah Richard   2008-06-18 09:08  

#2  The Social Security Lockbox is still securely locked. Not a thin dime actually makes it in there.
Posted by: eLarson   2008-06-18 07:38  

#1  On transportation, he proposes a National Infrastructure Reinvestment Bank

Lovely! A government bank, established for the purpose of 'reinvestment.' Didn't FDR start something like that which he called Social Security? How is the Social Security 'bank' doing these days Senator Obama? Any comments on that topic?
Posted by: Besoeker   2008-06-18 07:36  

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