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I do have concerns about Obama's economic policy. If it's just going to be more tax and more spend, we might as well keep what we have now. If there is going to be a real effort to cut spending, then maybe a combination of increased taxation makes sense. But Obama has said that he understands that you cannot raise taxes during times of economic downturns, so I'm not sure if he will even pursue his tax plan. If the economy doesn't recover during his term, how can he implement his plan?
The other thing I don't really know/understand is if forms of protectionism actually work or if free trade is ideal. And as far as jobs, American workers can't compete with slave wages paid to Chinese who can do the same job. Yet it makes perfect sense to me for companies to be able to find the most cost effective labor. When Obama and McCain talk about "keeping jobs" in America what do they actually mean and how do you realistically do that?
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