- js reader version
- view hidden posts
- tags and related articles
by Stewart A. Alexander
Thursday, Jul. 17, 2008 at 12:02 PM
There is no easy fix for the ailing U.S. economy, and Barack Obama and John McCain are not prepared to make the necessary changes that will protect the interests of working people. Comparing the economic plans of the two candidates, it does not matter whether McCain or Obama is elected in the 2008 Election; the economic programs that have been outlined by both candidates will only produce minor differences to the present Bush White House.
Stewart A. Alexander
Nominee for Vice President Socialist Party USA
Candidate for Vice President Peace and Freedom Party
July 16, 2008
Today, Vice Presidential Candidate Stewart A. Alexander attacked the economic programs of Democratic Presidential Candidate Barack Obama and Republican Presidential Candidate John McCain; Alexander dismissed the economic proposals of both candidates as “campaign baiting to win votes.” Alexander says the U.S. economy needs much more than what either candidate has presented, “the U.S. economy needs a total makeover, and a little makeup will not work.”
Recently, the U.S. economy has become the number one concern with a majority of Americans; and as President Bush attempts to hold together the U.S. economy during his final six months in office, it is likely it will become the responsibility of the next president to offer a national plan that will move the nation forward and to restore the confidence of the American people.
Today, working people are concerned with a broad range of issues that are presently threatening their financial well-being; those issues include job security, smaller paychecks, affordable housing, soaring gasoline and food prices, health care cost, the value of the U.S. dollar, inflation and the expanding U.S. recession.
Most working families are earning less than what they earned when President Bush became president in 2000; and with all the promises that were made by the Democrats in the House and Senate in 2006, conditions have gone from bad to worse for working people over the past 18 months. The price of gasoline has increased by more than .00 per gallon and the Democrats have chosen to invest in war while millions of Americans are finding it difficult to keep up with the rising cost of food.
The campaign rhetoric of Obama and McCain is failing to connect with a majority of working people; both candidates represent political parties that have failed to ease the massive loss of jobs nationwide. Recent employment data indicates that more than 320,000 jobs have been lost in the past six months and more than 79,000 for the months of May and June of this year.
Both McCain and Obama are promising to invest in clean and energy efficient technologies to create jobs and to revamp foreign policies to protect U.S. jobs; however, both candidates represent political parties that are whole selling jobs to foreign markets and have only invested in new technologies that are in the interest of special interest groups and technologies that are military related.
Both McCain and Obama have failed to offer any viable plans for the battered U.S. economy. Obama recently proposed his own version of a national stimulus package that would amount to another billion. The 8 billion stimulus package that was presented by the Bush administration has failed to stimulate the sagging U.S. economy; and it is likely Obama’s stimulus proposal would only create an additional tax burden on working people and add to the national debt.
Obama is also calling for government subsidies for health care, college and for those retired; however, his plan would require him to tax the nation’s top earners and the special interest groups that have helped his campaign the most.
With less than four months before the 2008 Election, both McCain and Obama have failed to offer an economic road map that will alter the course of the U.S. economy; a course that has many signs indicating more trouble ahead.
Stewart Alexander says, “The U.S. economy needs a fundamental transformation, focusing on production for need not profit;” as stated in the National Platform of Socialist Party USA. Alexander says the campaign of his U.S. Presidential running mate, Brian Moore, is not about reforming the process, “our campaign is about changing the process.”
Unlike McCain and Obama, Presidential Candidate Brian Moore is demanding the immediate withdrawal of the United States from the North American Free Trade Agreement (NAFTA) and the Central America Free Trade Agreement (CAFTA), and Moore opposes the creation of a widened Free Trade Area of the Americas (FTAA).
As the presidential nominee for Socialist Party USA and a presidential candidate seeking the nomination of the Peace and Freedom Party, Brian Moore supports the platforms of both the socialist parties. Both socialist parties are calling for worker and community ownership and control of corporations within the framework of a decentralized and democratically determined economic plan. To the contrary, Obama and McCain support an economy that is based upon corporate profits, dominated by the capitalist ruling class and a few massive corporations.
Brian Moore is also calling for a minimum wage of per hour, indexed to the cost of living. The presidential candidate has also presented a plan that will provide full employment and he supports the provisions of a livable guaranteed annual income.
Moore and Alexander believes it is possible to provide health care for all; Alexander says all financial and insurance institutions must be socially owned and operated by a democratically-controlled national banking authority, which should include credit unions, mutual insurance cooperatives, and cooperative state banks.
Alexander says the makeover that is needed for the U.S. economy will be much broader than the New Deal that was introduced during the Roosevelt administration; the New Deal helped to pull the nation out of the Great Depression. Socialists believe only a global transformation from capitalism to democratic socialism will provide the conditions for international peace, justice, and economic cooperation based on the large-scale transfer of resources and technology from the developed to the developing countries.
Two things are for certain, there is no easy fix for the ailing U.S. economy, and Barack Obama and John McCain are not prepared to make the necessary changes that will protect the interests of working people. Comparing the economic plans of the two candidates, it does not matter whether McCain or Obama is elected in the 2008 Election; the economic programs that have been outlined by both candidates will only produce minor differences to the present Bush White House.
For more information search the Web for: Stewart A. Alexander; Independent Voters Rejecting Democrats and Republicans; The Economy Needs a Total Makeover by Monica Hill.
Report this post as:
GUIDE TO REBEL CITY LOS ANGELES AVAILABLE
lausd whistle blower
Help KCET and UCLA identify 60s-70s Chicano images
UCLA Luskin: Casting Youth Justice in a Different Light
Change Links April 2018
Nuclear Shutdown News March 2018
Join The Protest Rally in Glendale on April 10, 2018!
Join The Protest Rally in Glendale on April 10, 2018!
Spring 2018 National Immigrant Solidarity Network News Alert!
Anti-Eviction Mapping Project Shows Shocking Eviction Trends in L.A.
Steve Mnuchin video at UCLA released
Actress and Philanthropist Tanna Frederick Hosts Project Save Our Surf Beach Clean Ups
After Being Told He's 'Full of Sh*t' at School Event, Mnuchin Demands UCLA Suppress Video
Resolution of the Rent Strike in Boyle Heights
What Big Brother Knows About You and What You Can Do About It
Step Up As LAPD Chief Charlie Beck Steps Down
Our House Grief Support Center Hosts 9th Annual Run For Hope, April 29
Don’t let this LA County Probation Department overhaul proposal sit on the shelf
Echo Park Residents Sue LA Over Controversial Development
Former Signal Hill police officer pleads guilty in road-rage incident in Irvine
Calif. Police Accused of 'Collusion' With Neo-Nazis After Release of Court Documents
Center for the Study of Political Graphics exhibit on Police Abuse posters
City Agrees to Settle Lawsuit Claiming Pasadena Police Officer Had His Sister Falsely Arre
Professor's Study Highlights Health Risks of Urban Oil Drilling
Claims paid involving Pasadena Police Department 2014 to present
Pasadenans - get your license plate reader records from police
LA Times Homicide Report
More Local News...
The Shortwave Report 04/27/18 Listen Globally!
Federal Bank Examiner FDIC recalls year long 1999 robbery in 2017
Doxa du lobby
Tech workers organize
Architect Stephen Francis Jones
UN Forum Wrestles with Economic Policies 10 Years After Financial Crisis Islands Call for
What does the Quran Say About Islamic Dress??
Biodiversité ou la nature privatisée
The Market is a Universal Totalitarian Religion
Book Available about Hispanics and US Civil War by National Park Service
The Shortwave Report 04/20/18 Listen Globally!
The Republican 'Prolife' Party Is the Party of War, Execution, and Bear Cub Murder
Paraphysique de la dictature étatique
Book Review: "The New Bonapartists"
The West Must Take the First Steps to Russia
Théorie générale de la révolution ou hommage à feu Mikhaïl Bakounine
The Shortwave Report 04/13/18 Listen Globally!
“Lost in a Dream” Singing Competition Winner to Be Chosen on April 15 for ,000 Prize!
The World Dependent on Central Banks
Ohio Governor Race: Dennis Kucinich & Richard Cordray Run Against Mike DeWine
March 2018 Honduras Coup Again Update
Apologie du zadisme insurrectionnel
ICE contract with license plate reader company
Black Portraiture(S) IV: The Color of Silence...Cuba No...Cambridge Yes
Prohibiting Micro-Second Betting on the Exchanges
More Breaking News...