Street Capitalist: Event Driven Value Investments » Presidential Election http://streetcapitalist.com Wisdom on such diverse topics as: spin-offs, merger arbitrage, post-bankruptcy equities, global macro commentary and short ideas. Tue, 01 Feb 2011 02:26:58 +0000 en hourly 1 http://wordpress.org/?v=3.2 Obama and McCain on the Economy http://streetcapitalist.com/2008/06/11/obama-and-mccain-on-the-economy/ http://streetcapitalist.com/2008/06/11/obama-and-mccain-on-the-economy/#comments Wed, 11 Jun 2008 15:10:57 +0000 Tariq http://streetcapitalist.com/2008/06/11/obama-and-mccain-on-the-economy/ I found this chart at the Los Angeles Times that I thought is nice, it breaks down issues on the economy and provides us with both of the candidate’s views on it. As an investor, some areas of interest to me at least are Obama’s inclination to raise the tax on capital gains. While not necessarily a terrible idea, I would hope that he tries to at least tax areas like green investments less.

The other area I like to watch is the federal budget, I’m a big believer that one of the reasons for the poor performance of the dollar is our ballooning deficit. McCain appears to be a classic fiscal conservative on this end, but his plans seem much less concrete. He just says he’ll reduce earmarks but does not give us any idea on how much. Obama on the other hand at least wants to assure that we have the revenue available for new spending while also cutting earmarks.

Source: McCain and Obama have contrasting economic plans (LA Times)
Obama and McCain on Economy

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