McCain better for economic growth?

Former Housing Secretary Jack Kemp called on Sen. Obama “to lower taxes during a recession” in a teleconference today. Kemp said he didn’t know any economist who advocated “for a tax increase” during such a time.

Kemp also said it was important to “stop the hemorrhaging” of home ownership. He claimed Sen. McCain will help homeowners in default by renegotiating their payments. Senior McCain Advisor Doug Holtz-Eakin said Obama’s plan of a “90 day mortgage moratorium” doesn’t fix the inherent problem of home ownership.

Holtz-Eakin said he had noticed “daily shifts in the Obama tax plan.” He stated that while Obama started his campaign by saying that everyone making under $250,000 would get a tax cut, Obama said recently that only those making under $200,000 would see a tax cut. In addition, Holtz-Eakin said that Sen. Biden claimed that the tax cut would only be given to those making under $150,000.

Virginia Delegate Chris Saxman said in reaction to Obama’s tax plan, “I don’t want Joe the Plumber’s money. I want him to invest.”

Speaking about McCain’s chances in the battleground state of Virginia, Saxman said that Mark Warner and Tim Kaine, current and former governors of the state, “both ran as centrist democrats.” He said
Sen. Obama is not running as a centrist, as evidenced by his plan to raise taxes.