Terrific round up of data on the Obama plan to flush the US economy completely down the toilet. With an illustrious group of 537 (so far) bipartisan economists throwing their support to McCain and his tax plan, the word is eeking out to some of the MSM that all is not well in Obama-topia.
Economists for McCain is not affiliated, nor donors to the McCain campaign… despite what their name implies. What their name *does* imply is that after evaluation of both plans, 375 of them have put their names to condemning the Obama tax proposals.
Their official statement on Obama’s tax plan warn of a high risk of throwing the economy into a deep recession.
It was exactly such misguided tax hikes and protectionism, enacted when the U.S. economy was weak in the early 1930s, that greatly increased the severity of the Great Depression.
Also of great concern is Obama’s increasingly protectionist stance on foreign trade agreements such as NAFTA, GATT and the pending CAFTA.
Exports from the United States to other countries create jobs for Americans. Imports make goods available to Americans at lower prices and are a particular benefit to families and individuals with low incomes. International trade is also a powerful source of strength in a weak economy. In the second quarter of this year, for example, increased international trade did far more to stimulate the U.S. economy than the federal government’s “stimulus” package.
They chastise Obama and the DNCs entertainment of yet another stimulus package which would, of course, do nothing to grow the economy. From the increased taxes on oil to the dividends, labor income, investments, income and payroll, there was little these economists could praise.

