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Time Magazine Death Spiral Watch (Reporting on Fiscal Policy/Michael Scherer Edition)

Posted on July 28, 2008

But math is hard! says Time magazine stenographer Michael Scherer. He opens with an interesting story: The Candidates' Tax Plans: Fuzzy Math: The choice in this election is stark and simple, John McCain said at recent Denver event, repeating a phrase that is a staple of his stump speech. Senator Obama will raise your taxes. I won't. Seems clear enough, right?... Except it's not true, at least not in the way that it seems. But don't take my word for it. Here is Douglas Holtz-Eakin, McCain's chief economic policy adviser. I used to say that Barack Obama raises taxes and John McCain cuts ...

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alternative minimum , budget , deficit , economic policy , economy , gdp , tax , taxes