Arizona economists say home-state Sen. John McCain's economic plans are more pro-growth, pro-trade and pro-business than Democratic rival Barack Obama, who proposes higher taxes on the wealthy, capital gains and big businesses.
Some economists, however, question how much the Republican presidential candidate will be able to accomplish when it comes to the economy if he wins in November, considering Congress likely will stay in Democrats' hands. They also say Obama may offer more protections for rank-and-file workers.
"If you like the status quo, that's probably what you are going to get with McCain. It may not be his intent, but it's going to be difficult to get things done," said Dennis Hoffman, an economist with Arizona State University's W.P. Carey School of Business.
Take the 785 billion bailout money and give it to all adults (18 plus) in the U.S. of which there are approximately 201 million.
That is 3.9 million per person. Not tax free of course, figuring 30% tax rate, each person would be paying about 1.2 million in tax.
That's 241 billion back to the Government in taxes rather than the nothing they are going to get from the financial institutions.
That leaves each person 2.7 million to pay off a mortgage, that problem would be solved.Pay for school ,buy a car, eat out, I think it would stimulate the economy in a big way.
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