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I don't get the ZOMG!!!!1!!!! BEST SPEECH EVAH!!!! hyperbole. It was certainly a McCain-is-toast speech, but from a progressive POV there was a whole lot of pandering going on.

E.g. He followed up a promise to reduce dependency on foreign oil with a nice story about cars for everyone! Built in the US! For everyone! Not so much about making travel and city design saner and - oh dear - maybe even more European.

Also - clean coal? What is clean coal?

Considering the rest was all dare-to-dream, I thought the dreams weren't all that daring. And the foreign policy lines were downright scary and hawkish. He's smart enough to make negotiations with Putin, er, Medvedev, far more interesting than the clown show the Bush team have turned them into, but he also sounds too ideologically blinkered and too much of an exceptionalist to be good at effective realpolitik.

Still he is who he is, and while he's not Mr Aggressive Progressive, he's moving in a better direction.

The real enemy from now on won't be McCain, it's going to be the various corporate machines and their Washington puppets, who are going to be trying very hard to push the policy agenda back towards the right, even after a likely Dem win.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Fri Aug 29th, 2008 at 06:18:38 AM EST
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Why is nobody talking about his prominent promise to cut taxes?

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Aug 29th, 2008 at 06:21:21 AM EST
[ Parent ]
Perhaps because he's not cutting taxes for the right people?

by gk (g k quattro due due sette "at" gmail.com) on Fri Aug 29th, 2008 at 06:37:54 AM EST
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Actually several speakers at the DNC mentioned that Obama would cut taxes for 95% of all people.

But I'm not sure if Migeru wanted to put that as a plus. If lying wouldn't be more effective in a campaign than telling the truth, anybody who cuts taxes, would have to explain, where to cut expenditures, too. Of course McCain's proposals are complete fantasy without any connection to reality, but when Obama doesn't want to cut military spending, and this is difficult, when he wants to escalate Afghanistan, he needs more tax income.

  • The deficit of the unified budget will soon narrow the gap with the deficit of the general budget - so no more payroll tax support for the general budget
  • A significant portion of the costs of the Iraq war are health care costs for veterans, equipment must be replaced
  • the debt to GDP ratio rose in the last 8 years in the US, so Obama has to deal with higher interest payments
  • Obama wants to invest into renewable energies, improve the infrastructure of America, and pay health insurance benefits from taxes
  • the states and communities are as well in fiscal trouble, for paying for things like public education as well the federal wallet might be tapped
  • the price of oil may go up again in the next years. Even a fairly aggressive plan - an extreme ambicious plan is not in the books - would not reduce foreign oil depenedency fast enough, to not making that a drag on the economy, especially given that the gulf prefers to spend its money in Europe and China instead of the US of A

More over the share of all taxes as part of the GDP is quite a bit smaller in the US than in most EU states. So, if one really doesn't want to reduce spending (reducing the military budget would be the top priority for me), it doesn't seem to be absurd to pay for the expenditures by increasing the tax rate.

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers
by Martin (weiser.mensch(at)googlemail.com) on Fri Aug 29th, 2008 at 10:34:22 AM EST
[ Parent ]
Exactly. But if he told the truth, he wouldn't get elected. His policies are much better than McCain's (the figures I've seen for McCain include an even bigger deficit), but that's about it. All we can do is hope that he'll do (or be forced to do) relatively reasonable things once in office.
by gk (g k quattro due due sette "at" gmail.com) on Fri Aug 29th, 2008 at 10:43:24 AM EST
[ Parent ]
No, I didn't want to point it out as a plus.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Fri Aug 29th, 2008 at 10:47:39 AM EST
[ Parent ]
Please note that the comparative tax proposals above are only showing the effects of tax rate changes for income tax.  Obama is proposing closing tax loopholes.  Were that done effectively it could raise the effective rates on upper brackets and corporations much more.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Aug 29th, 2008 at 12:41:47 PM EST
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Often amazed by how little TBG knows about energy.  Clean coal is coal that is cleaner, washed or something, usually with Dr. Bronner's soap before it's burned.

Some coal is cleaned at the source, before it's burned, as when a mountain top is cleanly stripped of its top.  The part that is not cleaned is washed down into former stream beds, where the gentle water that used to flow there purifies the silt into paradisical farm lands where even farmer's wives in gingham dresses can grow gardens of organic coal potatoes.

What little dirt remains on washed coal is then burned, with some leaking into the atmosphere.  But it does not damage, as it is heavier than air, and falls down either in the northeastern forests and lakes, or in the chasms of the Grand Canyon, so it doesn't affect people directly (except for the ones who continue to breathe.)

Clean coal also protects people from being overly stunned by the beauty of the Grand Canyon, as they don't have to be awed by a view of the other side anymore.

Go Barack "Energy is My Middle Name" Obama!

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Fri Aug 29th, 2008 at 07:06:06 AM EST
[ Parent ]
Thank you for the clarity.
by afox (afox at rockgardener dott com) on Fri Aug 29th, 2008 at 09:14:22 AM EST
[ Parent ]

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