Ok, I don't like to make predictions, but isn't it reasonable to assume that the rational and intelligence will beat irrationality and shortermism.
Ok, most people aren't making election predictions yet, but I will make a prediction: the rational will win and the unrational will not. Gore is the more rational and Bush is the irrational. Well, that is the way that it is appearing now with Bush recommending crazy tax cuts in a time when the economy is so strong that it probably needs a tax hike! Most will probably agree with me that the tax cut that Bush is recommending is not good. And it doesn't seem rational. The rational thing to do is leave the tax alone or maybe increase it. Federal Reserve chairman, Alan Greenspan has increased interest rates and many are saying that it is not having an effect on the economies growth. If growth doesn't slow, some say that we could have some inflation. If this is the case, why not try to control inflation and help the economy. Gore has been very rational about things. He has spoken out against Bush's proposed tax cut. He has stated that he has spoken to taxpayers and they don't want the taxcut. He even went as far as to say that since Bush wants to do something that taxpayers don't want, he is corrupted by third party money. He didn't say it explicitly, but the message was clear. Gore has spoken out for campaign finance reform and has a plan that I think is great. He wants to have the governement pay for public debates on TV for candidates and to eliminate third party money. The whole plan is to pretty much get rid of third party money and put candidates on a level playing field. The result would hopefully be a less corrupt government because government officials would not be doing favors for those who financed campaigns. Gore does have his weakpoints such as his poor speaking ability and his support for large social welfare programs. However, his speaking ability is getting better and overall he still seems much more rational than Bush. Bush's tax sceme seems like a very bad idea. Are the american people really gulible enough to buy into it? Do they really want to add more debt to an economy that is starting to go into inflation? I don't think so. Americans should see themselves as shareholders in a big, great company. If a new CEO got elected by stating that he would give a large cash dividend to all shareholders and that it would be financed by debt by adding more debt to the huge amount, there is no way that he would get elected. Investors wouldn't want to see this happen because it would make the company more unstable and would make it worth less. That is how I see Bush. |