[quote=afx114]So if McCain would have won, none of this would be happening, right? Riiiiggght…[/quote]
Maybe, maybe not. The fact that Obama’s plan is screwy doesn’t mean that McCain’s plan was wise, although the promised corporate tax cut might have had a positive effect on companies considering RIFs and slashing capex.
That’s irrelevent, though. Perhaps the judgement is fully rendered at this point, but the market has judged Obamanomics harshly, as well it should. Bailing out the UAW, hiking effective corporate tax rates, and building more Big Digs and bridges to nowhere? Please.
