Archive for the ‘US elections, economy’ Category
Election Countdown – 46 Days
This week, all eyes are on Wall Street and the meltdown of venerable American finance houses AIG and Lehman Brothers. The political world may be abuzz with what exactly John McCain meant when he declared Monday, “the fundamentals of our economy are strong,” but here at DAV, we take up the larger question of government’s role in the economy.
International voices weighing in on this week’s Wall Street crisis include the Strong Conservative from Ontario, Canada, who strikes a Gordon Gecko note in claiming that “it is government and ineffective regulation that is truly the culprit in this financial dilemma.” The UK-based Kanishk Tharoor, writing at openUSA, sees an opening for the presidential campaign to return to substance and issues, which he claims favor the Democrats.
Should more regulation be the rule of the day?
Take a closer look at what our DAV participants have been saying about the American economy.
According to Brent Phillips, a delegate from Orange County, California interviewed at the Republican National Convention, our current economic woes have an outdated tax system to blame. He favors a “flatter” tax, in which all Americans pay taxes at a similar rate:
Tess, a student from San Francisco, counters that jobs creation should be the economic order of the day:
And earlier this year, a Kenyan citizen asked voters to consider the American economy as part of a global economy in which foreign aid plays a critical role:
Will the global economy suffer as the US economy heads south? Tell us what you think! Check out the ways in which you can participate.