both campaigns are promising tax cuts - a recent report shows the Obama plan will increase the US deficit to 12 trillion and the McCain plan will increase the deficit to 14 trillion. Both are effective tax cuts
to pay for the cuts obama will cut programs and pork barrel spending and MCain will raise/create new taxes such as McCain's new health benefit tax.
Well, we have to see what's going on. Obama's plan would increase the deficit if:
1. The economy doesn't recover fast enough, and grow enough to increase tax collection from rich CEOs and upper middle class folks.
2. the Iraqi war goes on a lot longer because of unforeseen circumstances.
But Obama has planned to put it more money into improving the crumbling public infrastructure around the country and into education in all levels, and into tax subsidies for green and biotech companies and basic government R&D. So these programs, if some of them are affordable, are justifications for a bit more spending.
In contrast, McCain thinks that as long as the Bush tax cuts are retained, and people are allowed to find their own health care plan, get their own school vouchers- and die if they can't- the economy will grow, and somehow public infrastructure will be fixed, and there will be somehow, out of nowhere, a bunch of new generation scientists and mathematicians will come up like mushrooms.
I think we know who's the better leader.