Tuesday, October 07, 2008

POTUS debate - Oct 7

Getting rid of cable TV has definitely changed my life a bit. I didn't even know there was a Presidential debate tonight. I did read the AP story though.

Not much of it resonated with me, except for one comment that jumped out at me:

McCain also said it was important to reform the giant benefit programs such as Medicare, Medicaid and Social Security.

"My friends, we are not going to be able to provide the same benefit for present-day workers that present-day retirees have today," he said, although he did not elaborate.

I didn't notice any comments in the story about Obama speaking on America's unfunded long-term liabilities.

For me though, monetary policy (i.e. - Helicopter Ben's ever-inflating money supply) is a bigger issue than fiscal policy. But they do go hand in hand. And both candidates need to address entitlement reform in a candid manner.

Tim White


Anonymous said...

You didn't notice Obama speaking on America's unfunded long-term liabilities because he didn't address it. Obama prefers to tell people what they want to hear. McCain often tells people tough truths they don't want to hear.

Anonymous said...

Tough truths they don't want to hear? Try the Rolling Stone article on McCain...


Anonymous said...

Rolling Stone. Now there's a paragon of unbiased political journalism.

Anonymous said...

If you stopped cable to reduce costs than your are the same as the Town Council, ask for something for the cheapest possible price then plead ignorance when you are no longer informed.

Anonymous said...

Obama prefers to tell people what they want to hear? He must have been on the Cheshire Town Council in the past. On second thought that would not happen, he is black.