Matt Yglesias

McCain’s Cuts To The Poor

Here’s a CAPAF analysis done months ago on the devastating impact that John McCain’s plans to cut taxes and then balance the budget entirely through spending cuts would have on poor Americans:

His tax cuts, meanwhile, would go overwhelmingly to the rich. And, strikingly, they would leave the bulk of the working poor with no help whatsoever. This is because McCain’s proposed cutbacks to “pork” would still leave him needing to slash $250 billion from the budget.

11 Responses to “McCain’s Cuts To The Poor”

1. Rich Says:
   September 27th, 2008 at 3:02 pm

   This is all uninformed speculation. If the poor do the honorable thing and renounce government assistance, as harmful to their self-esteem, then nobody would have to be cut at all.

2. DesertIslander Says:
   September 27th, 2008 at 3:21 pm

   Do the poor vote?

3. Vivisfugue Says:
   September 27th, 2008 at 3:36 pm

   “Oh fellow members of the Roman Senate, hear me. Shall we continue to build palace after palace for the rich, or shall we aspire to a more noble purpose, and build decent housing for the poor? How does the Senate Vote?”

   “FUCK THE POOR!”

   “Good.”

4. Marshall Says:
   September 27th, 2008 at 10:27 pm

   It seems to me this analysis is not terribly informative standing alone. It needs to be updated to reflect the impact of throwing $700 billion to Wall Street would have on the poor, a policy which it seems Obama supports.

5. Jon Kay Says:
   September 28th, 2008 at 2:52 am

   …er, no, that’s NOT how it’d go in reality, is it? What GOP President in 30 years has delivered or even cared all that much about balancing budgets? I suspect we’d likeliest see them more less just shrink with inflation, while the deficit takes a nice, sharp curve upwards, starting with the $700B.

6. A Joe in the 15% bracket Says:
   October 2nd, 2008 at 6:36 am

   Less Head Start? Less WIC? Less Title 1 and less Pell Grants? Sounds GOOD. I’m lower class but I value individual responsibility, initiative and motivation over government subsidies for being lazy and worthless.

   This sounds like a great start to a less socialist government.

7. Libbotard Says:
   November 5th, 2008 at 12:17 pm

   The topic is quite curious, i must say