Here is the Wall Street Journal article on McCain's economic plan -.it's here on the Web...
http://online.wsj.com/article/SB120882415111033181.html?mod=todays_us_page_one
McCain Tax Cuts Would Bloat Deficit Or Take Huge Spending Curbs
By Laura Meckler
Sen. John McCain is proposing tax cuts that would either cause the federal deficit to explode or would require unprecedented spending cuts equal to one-third of federal spending on domestic programs.
Once thought of as a deficit hawk, the near-certain Republican presidential nominee is now putting more stress on the traditional Republican orthodoxy of tax cuts. Altogether, he proposes more than $650 billion in tax cuts a year, much of it benefiting corporations and upper-income families. That includes the cost of extending tax cuts implemented under President Bush that he voted against twice.
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Aiming to Avoid the Dole-drums
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It was during the Bosnia debate that Dole admitted on the Senate floor that he had worn a bracelet with McCain's name on it while the former POW was in captivity in Vietnam. Dole had never mentioned it to McCain, who writes that he was so stunned he began to cry. A few months later, Dole asked McCain to join him on the road, and he did, riding shotgun on the campaign even when it was clear Dole didn't have much chance of winning.
McCain quickly became a member of Dole's inner circle—though Dole, to the chagrin of his advisers, often liked to rely on his own counsel. They shared a similar sense of humor, a penchant for wry one-liners that sometimes didn't translate well on the stump. Dole, in fact, had been known as one of the funniest members of the Senate, but as McCain joined him on the trail, he noticed that Dole held back. By then Dole and his advisers were divided about whether it was a good idea, in the words of one former Dole strategist, to "let Dole be Dole."
In the meantime, Dole struggled. Frustrated at his own delivery, he refused for many months to use a teleprompter or even work with a speech coach. And he didn't like the idea of memorizing a speech that he could use again and again—Dole thought it intellectually dishonest. When he did take the advice of his aides, he came off as inauthentic.
In the summer of 1996, McCain pulled Dole aside and urged him to be himself. In particular, says one former Dole strategist who declined to be named while discussing private conversations, McCain suggested that Dole talk more about his military service. It was a touchy subject with Dole, who believed that bringing up his experience in the war would be viewed as bragging, and would tarnish his honor. For the most part, he didn't take McCain's advice.
It's a conversation that, ironically, McCain would have with his own aides several years later when he decided to run for president in 2000. Like Dole, McCain doesn't like to talk about his years of military service in personal terms, especially his time as a POW. "For him, after he came back, it was over, and he didn't want to dwell on it," says Mark Salter, McCain's longtime aide and book collaborator. But McCain did eventually talk about it in 2000, partly prompted by the release of his first memoir, "Faith of My Fathers."
In this election, McCain has talked about some of his difficult moments—on video that the campaign has distributed to voters and played at rallies before McCain arrives. But he still seems reluctant to address the subject in person. At a fund-raising reception last week in New York, a donor stood and asked McCain why he didn't talk about his personal sacrifice more. "I'm very reluctant to do so, as you know, because, look, I don't think I did anything that any other American wouldn't do," McCain said. "The great honor and privilege of my life was to serve in the company of heroes and to observe a thousand acts of courage and compassion and love."
There are many ways in which McCain and Dole are different. McCain is not a joyless campaigner, as Dole often was. Aides say he takes direction and is disciplined when it comes to staying on message. Dole, on the other hand, was visibly frustrated in the final weeks of his campaign, at one point blaming the media, whom he said had given Clinton an easy ride. "Where is the outrage?" he repeatedly bellowed at a rally in fall '96. "Where is the outrage?" Watching the events offstage, McCain, according to the Associated Press, "rolled his eyes." "I know it is not productive to beat up on the press," McCain said, a line he virtually repeated to NEWSWEEK last week when asked about his own press coverage.
Some missteps can't be avoided. In 1996, Dole's campaign was permanently damaged by the image of the then GOP nominee falling off a stage in Chico, Calif. It was a stumble that wasn't Dole's fault, but rather a sign of poor advance work. Reaching out to grasp a voter's hand, Dole leaned against an unsecured rail. The fall made it into a few articles, and then was replayed again and again on TV. Unfairly, it made Dole look feeble and undermined his case for experience—a reminder of why McCain should be careful about following in Dole's footsteps.
© 2008
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