I might venture out on a limb and say McCain's speech in front of the National Federation of Independent Business yesterday helped to erase the mean, green debacle of a week ago. He was the old McCain again. Hey. You know what I mean.

He opened with a chuckler: "I have never run a small, struggling enterprise — unless you count my presidential campaign last year," but was soon interrupted by an anti-war protester who heckled him from the audience.
The woman burst out with "War is bad for small business!" McCain responded, "one of the things Americans are tired of, one of the things they're tired of is people yelling at each other in America, have you noticed that? They want us to respect each other's opinions. . . . Americans want a dialogue," to wild applause. After another protester jumped in and was lead away, McCain said, "now that we know, now that I know who I will be facing in the general election . . ."
To see my highlights, the parts that grabbed me — with a funny cherry on top at the end, read more.
- Americans do not resent paying their fair share of taxes. What they do resent, and especially if they're trying to run a business, is being subjected to thousands of pages of needless and often irrational rules and demands from the IRS.
- We need rules that assure fairness and punish wrongdoing in the market and hold every businessperson in America to the same fair standards.
- In so many ways, we need to make a clean break from the worst excesses of both political parties. And for Republicans, it starts with reclaiming our good name as the party of spending restraint. Somewhere along the way, too many Republicans in Congress became indistinguishable from the big-spending Democrats they used to oppose. The only power of government that could stop them was the power of veto, and it was rarely used. If that authority is entrusted to me, I will use the veto as needed. I will veto every bill with earmarks. I will seek a constitutionally valid line-item veto to end pork-barrel spending once and for all.
The even-handed pragmatism — and what seemed like a conservative renaissance — sung to me. OK, he did have a funny slip of the tongue when he delivered the last part. Why is McCain so anti-brew?
Hee hee. And what was Cindy up to yesterday? A little shop-a-rama at Oscar de la Renta — a spree that went on a little longer than her poor Secret Service detail could bear, saying she'd been in the store "Waaayy too long" as he sweltered outside. Bah. Don't take a man shopping; they have no endurance for the important stuff.
What did you think of McCain's speech? Is he upping his economy cred?









Matthew Williamson
Maison Martin Margiela
Uniqlo
Thank you, it's time to stop this frivolous spending. And who better to call out this cr@p than the man who's never taken part in pork-barrel spending.
My favorite quotes was this:
"You work hard in small businesses to grow and create new jobs and opportunities for others," McCain said. "The federal government shouldn't make your work any harder."
If we want businesses to stay here in America and hire Americans and remain profitable and successful we do NOT need to make it harder for them. We do NOT need to tax them MORE.
1i agree that small businesses should be nurtured - and i'm sure barack obama would agree too. but what about gigantic businesses that are already raking in billions of dollars? and are already outsourcing their customer service, HR, and manufacturing? why should we give them tax breaks?
2Jill its a McCain thread! Bring it!!
3how are you sure that obama would agree? in traditionally democratic states like NY and CA small businesses are dying, not thriving.
4maybe if we gave them breaks they could actually afford American workers?
5no sy they only want to make more money and screw the american people! geesh! get with it!
6Veto every beer.. maybe he prefers wine?
7I am totally picturing McCain doing wine tasting in Cali now. Sideways style.
8Obama's plans have exemptions for small businesses.
It's all in the details, folks.
9I have read several things that say that McCain's cutting of pork barrel spending will be nowhere near enough to provide for all of his tax cuts, and pay for the war.
10Yeah but doesn't Obama also want to TAX TAX TAX?
McCain said small businesses would bear the brunt of the tax increases proposed by Obama. McCain called for phasing out the alternative minimum tax and allowing businesses to write off some new investments. "I don't want to send any more of your earnings to the government," the Arizona senator said.
11I also wonder why McCain's speech got a little thread yesterday and a big thread today...and Obama's economic speech on Monday did not even get mentioned.
12He also wants to DECREASE spending in general. Not just cut pork-barrel.
John McCain Will Stop Earmarks, Pork-Barrel Spending, And Waste.
John McCain Proposes A One-Year Spending Pause To Evaluate Programs. He believes that outside of essential military and veterans programs there should be a one-year pause in discretionary spending growth that should be used for a top-to-bottom review of the effectiveness of federal programs.
John McCain Has The Leadership And Courage To Make The Right Spending Choices. Reduced spending means making choices. John McCain will not leave office without balancing the federal budget. He will not do it with smoke and mirrors. When he leaves office, he wants to leave a budget that stays balanced after he is gone, and can weather the occasional downturn and unexpected contingency. John McCain will provide the courageous leadership necessary to control spending, including:
Eliminate Broken Government Programs. The federal government itself admits that one in five programs do not perform.
13Reform Our Civil Service System To Promote Accountability And Good Performance In Our Federal Workforce.
Eliminating Earmarks, Wasteful Subsidies And Pork-Barrel Spending.
Reform Procurement Programs And Cut Wasteful Spending In Defense And Non-Defense Programs.
"McCain said small businesses would bear the brunt of the tax increases proposed by Obama"
Mr. McCain is wrong, wrong, wrong. He should read up on Obama's plan as well!
Obama said that Mr. McCain's plan would include a $1.2 Billion tax cut for Exxon alone (in addition to the tax breaks they already receive). That doesn't sound like McCain is working for the small business to me.
14Syako, we are spending 12 Billion per month on Iraq. McCain doesn't have enough there to cut to decrease taxes AND still not work us further into our trillion dollar deficit.
15actually, cabaker, i work in business development in california and while it is hard to attract businesses to our state because we are not the cheapest place to do business - we have all kinds of programs in place that are fiscally solvent, and tons of domestic and international businesses starting or moving here every year.
when businesses are looking for a location they typically don't just look for the cheapest place with the best tax incentives - they also want to locate in an area where their employees can enjoy a high quality of life. especially if they have a lot of high paid executives, or engineers, or people at that level.
wages are higher in the US than in other countries... and if the companies don't pay living wages to their employees the cost is passed on to the tax payers through social programs (anyone remember that hilarious and disturbing story a few years ago where walmart was holding free informational seminars teaching their employees how to sign up for state health benefits -- i.e., welfare??).
the taxes these businesses pay go to fund schools, housing, health care, public safety, and other services that keep that quality of life high. if we don't tax them, then they continue to make money while the communities around them fall apart. california is a strange example because we have this funny thing called prop 13 that completely gutted property tax in the late 1970s. because of that, cities and counties rely on sales tax and other business taxes to fund programs. it's a sticky situation and probably something that would bore the pants off of everyone here so i'll shut up now.
16tres - I am NOT drinking any F*CKING MERLOT!!!
17Tax is a necessary evil. Get over it.
I am voting for someone who will spend the taxes in a responsible way (that actually benefits the American people), and not throw billions of dollars away at the Iraq war.
18I don't see why you cannot work for both small and large businesses. Just because a business is a Fortune 500 company doesn't mean the devil runs it. My husband works for a very nice fortune 500 who the CEO started as a pipe-fitting shot in a little shanty town in South Louisiana. So we should NOT help him because he had a great idea, grew it, hired abled employees and is now profitable? This is ridiculous to me.
Socialism is the equal sharing of misery
19I'd rather NOT pay 80% of my income to taxes to fund some socialistic programs to sniveling brats.
20ok, syako - you continue paying that % to fund some military programs to kill sniveling brats in iraq and then we can see who sleeps better at night.
21Moonshine it is then, Ca!
22YY - I think we might disagree because Cali to me does not scream "high quality of life"... its practicaly impossible to own a home and the cost living is insane.
The states with the most growth in the business sector are states like NC where businesses get heavy tax breaks and home are affordable and the cost of living is low.
23I don't want to pay that % at all. To anyone to fund anything. I think it's ludicrous. In fact, I do think that the only reason the feds exist is to protect the security of the nation, so I do sleep OK at night, thank you. Plus I think cutting and running is never a solution to any problem.
24syako -- oh, i see... so you only want to the taxes you pay to go for programs that benefit people just like you (i assume you aren't a sniveling brat, although your comments bring that into question at times). you don't want to help anyone but americans just like you. anyone different that you is not deserving of programs that help them. hmmmm... that sounds like bigotry to me.
just saying.
25When did I say I wanted to benefit people like me?
26All I said is I don't want socialistic programs. How in the heck does that make me a bigot?
27whoa marcella, thats pretty out of line. you have no idea what syako's background is or what her personal experience is with socialism.
28no one's saying "get businesses out of america"! barack obama has made plenty of speeches (to her credit, hillary gave even more speeches about this) about funding development of green jobs... these are going to be small start-up companies locating here in the united states. high paying manufacturing and engineering jobs. we need to foster that kind of innovation.
29"I'd rather NOT pay 80% of my income to taxes to fund some socialistic programs to sniveling brats."
Syako, you know I love ya, but this is a huge exaggeration that isn't rooted in reality:
Obama;
"I will reform our tax code so that it’s simple, fair, and advances opportunity instead of distorting the market by advancing the agenda of some lobbyist or oil company. I’ll shut down the corporate loopholes and tax havens, and I’ll use the money to help pay for a middle-class tax cut that will provide $1,000 of relief to 95% of workers and their families"
"Now, contrary to what John McCain may say, every single proposal that I’ve made in this campaign is paid for – because I believe in pay-as-you-go."
30Well yeah, but taxing the heck out of businesses here does pretty much say "get out of america - if you want to remain profitable"
I'm not saying that's what Obama said, I'm just saying in general if you heavily tax something, it won't be as attractive as somewhere where there are tax breaks.
31I just don't see how we can have big government without a lot of taxes.
32But Jill Obama WILL be raising taxes. He wants to raise them to at least what it was in the Clinton era, he's said that. He also wants to raise the capital gains tax, among other things.
I think we forget sometimes that the wealthiest people also spend the most money and when we heavily tax them, they will cut back just like everyone else.
33Go Sy Go!
34Sy - I just found this funny quote -
"How do you tell a Communist? Well, it's someone who reads Marx and Lenin. And how do you tell an Anti-communist? It's someone who understands Marx and Lenin." -- Ronald Reagan
35Go Cabaker Go!
36"I don't see why you cannot work for both small and large businesses"
We don't currently treat large and small businesses the same. Large businesses get waaaaaaaaaaaay more tax breaks. Our current policies help large businesses way more than small.
And Obama isn't anti-business. He knows that we need businesses here to employ people. You really, REALLY should look into where he stands before labeling everything that comes out of the democrats "socialist". Really, it is an over simplification that prevents us from having a productive and factual discussion.
37when you're dealing with high paid executives, and people with multiple degrees who are starting companies that are inventing solutions to huge global scientific problems, yes california does have the high quality of life they seek. we have great weather, a highly educated workforce, open space and cultural activities, and multiple clusters of industries that are thriving right now (biomed, energy research, multi-media, internet, etc.). that's why we have the headquarters of just about every big company you hear about these days. that's what i'm trying to say - the kind of businesses we WANT to have in america, the kind that are willing to pay their employees a living wage, contribute to their local economies, and who are going to put us back up on top of the heap when it comes to discovering new technologies... they are willing to pay a premium to locate in a place like california. we go in the other direction and we are like china - where they have entire cities that are built around one type of industry and people live and work in a community controlled by their employer... or mexico, where the only jobs in a town are an american company there for the SOLE purpose of hiring cheap labor.
38who M3, I summoned you. And you commeth!
39
40"Large businesses get waaaaaaaaaaaay more tax breaks"
Large businesses produce waaaayyyy more output, invest waaayyyyy more money, and employ waaaaaayy more people.
41Question: Why do American businesses outsource?
Answer: They can not afford to operate in the United States.
Solution: Tax them more?
42I agree Jill. I do think they should be treated equally. I don't think any American who has started a business and is successful should be penalized for that.
I'm sorry that I don't read Obama's website and his thoughts on issues. I really know it would help discussions, but I just know that his ideals are completely backwards from mine. And I do read blogs, newspapers, watch some tv news, so I get a bit of a gist of it.
Plus, why would I need to come here and listen to you if I read up on all his ideas.
43i just have to say one more thing before i leave for work: obama is NOT a socialist. socialists believe in the state owning all industry. obama has never and will never suggest this. it's unamerican. it will never happen here. please stop tossing the word around - it's just distracting.
44Cabaker, Obama will raise taxes for 5% of people, but that is FAR different from suggesting that he is raising taxes for all or even most. That is far different from socialism, and that is far different from being taxed 80%.
Yes, Obama will raise taxes but when you have an administration that gets us TRILLIONS of dollars into debt and is spending $12 billion per month on the war, the money has to come from some place. It is just not realistic to think that we can spend $144 BILLION+ dollars PER YEAR on the war with out raising taxes in some area.
You complain about taxes now, but that trillion dollar debt is your tax in the future. Do you want to pay it down now, or later after it has racked up interest? George Bush really tied people's hands. The next President doesn't walk in with a clean slate, they walk into a vast hole.
45YY - With all due respect, NC isn't just a bunch of country bumpkins sitting around eating boiled peanuts and complaining about the Yankees.
Our cities have consistently been on the Forbes fastest growing cities in America list, as well as the Best Places to Live list... And in fact, Raleigh and Charlotte are among the top 10 cities in America where housing values have not only NOT dropped but continued to climb, and the business sector contrinues grow as others slow down.
A LARGE part of that is due to the tax breaks offered to companies who move here. Reasearch Triangle Park is the largest research park in this country. There are over 160 companies there including IBM, GlaxoSmithKline, Nortel and the EPA.
46I don't complain about my taxes now! I like my taxes now, thats why I don't want them to change!
47MMM - our economy is changing, and most of those outsourced jobs are not likely to return, with or without taxes.
48You tell 'em Sy.
49And where did 80% come from?
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