Friday, October 3, 2008

Current Event #2

The new economic crisis is putting a major strain on McCain's political campaign. Especially after the major bailout plan failed (which McCain full-heartedly supported and pushed to be passed) McCain's image has been ruined (well... not ruined, but he has lost some support). Obama has gained more of a lead since the 1st presidential debate, now ahead by a good few points. Obama has gained support by announcing that something must be done, but the $700 billion dollar plan will not help anybody, only affecting the taxpayers, and in a negative way. McCain has been trying to convince the public that the economic crisis will only worsen if Obama becomes president, saying that he will raise taxes for all Americans (even though Obama has been saying that he will cut taxes for 95% of Americans). The comming debates will be of crucial importance, as the economy will either worsen or pull out of its sudden slump. I currently agree with Obama, but my opinion is subject to change. We will see who is better suited for the Oval Office, but for now my confidence lies with Obama.

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