Are you keeping track of the promises the Presidential candidates have been making?
Tax Cuts and Tax Increases, Spending Programs, Trade Policy, Jobs Policies -- all are making headlines -- but do they make sense.
This is an economic blog, not a political one. So let's keep track of both candidates' promises and their true costs and benefits. Start by reading my column for September 8th at www.TerrySavage.com --
Then please feel free to add your thoughts. Terry
Terry Savage writes a syndicated personal finance column for the 
This past year the exorbitant cost of fuel has seriously damaged our economy.fter filling up the family vehicles and paying more for every consumer product whose cost of production and shipping was passed on to us there was little left over to save, invest or spend. So, we tighten our belts , cut out some extras, buy only the bare min. That sadly in turn results in more job losses. OPEC has us over a barrel literally.WE reduce our use they in turn just cut production by 1.5 million barrels a day and vow to cut more if they don't get the price results they want.Our country needs to invest in reducing our dependence on foreign oil. The 168 Billion they paid out in the last stimulus pkg that did nothing at all for our economy would have gone a long way toward getting us started on the road to energy impendence. I highly recommend Jeff Wilson's new book The Manhattan Project of 2009. I highly recommend this book for anyone interested in seeing America become more energy independent.I wish every member of congress would read this book!
SAVAGE SAYS: Thanks for posting your comment. I'll take a look at the book!
Hmm, let's dispense with the hand-waving arguments and look mathematically at the tax plans from the two presidential candidates, shall we? NY Times Freakonomics blog recently had an entry about this: http://freakonomics.blogs.nytimes.com/2008/09/16/competing-tax-plans-two-perspectives/ Simple charts, no complicated equations for readers.
Presidential candidates are smart people. They won't enact ridiculously unreasonable and unpredictable tax plans. The analysts' prediction may end up very close to what will happen. In light of these charts, whose tax plan seems better for America economy?
SAVAGE SAYS: A very interesting comparison. Thank you, and I highly recommend that readers cut and paste this URL (above)into their browser to take a look. In this case, two pictures are worth a thousand words!