Admittedly, I don’t know as much about the ins and outs of each of the candidates as I should. But based on the factors I investigated I have developed a strong opinion and am decided on who will get my vote Tuesday. I am curious to hear what some of the reader opinions are about how Obama or McCain would affect your finances.
I am always up for a good debate, but as always stick to the topic and remember God is watching everything you type 
So, I am opening this one up to the readers to explain who they think will benefit their wallets more. Go for it!
Related posts:
- Is the Obama tax cut really going to help?
- Money Mistake #2 – Thinking that money solves money problems
- Do you want to be in Money Magazine?
- Where to Put Your Money Now | Review
- How to make money with a blog
- Why spending money wisely is a life-skill
- What does the Bible say about Money?
- 23 ways for teens to make money (and maybe adults too!)
{ 1 trackback }
{ 12 comments… read them below or add one }
God chooses kings, so it doesn’t matter who wins because God will be leading them.
But, I think McCain will be better for the economy because he will favor small business and reduce the government.
Obama wants to ’share the wealth’, which means to me that he is going to take the money I have from working hard, making good decisions, and not spending more than I make and give it to someone who hasn’t made good choices. McCain will be so much better for my wallet!
I have an opinion based on biblical perspective:
Forget about what’s going to be good for our wallets. Forget about what the economy ‘needs’. Realize that what’s promised might not come true, if history shows us anything. (1/3 of our next presidents 1st year budget is already spent on the economy bailout- his hands are already tied.)
Concentrate on what is on God’s heart so heavy: VOTE PRO LIFE. The taking of human life is something God hates- this is black and white in my mind… God hates it, I should too. Make sure I’m voting for what’s so important to God- not that other issues aren’t, but this definitely is, and it’s been in our nation’s vocabulary for far to long. Pro choice should not be part of our vocabulary…human life is human life. From the moment of conception. Period.
Vote pro life!
I was going to agree with Anonymous but then they went off topic a bit. I think Obama wants to give me personally more money – which is nice. But I think that’s the wrong question. I think the better question is who is going to be the best for our country’s wallet. I guess that depends on your beliefs about economic policy, but the God I know like for us to take care of everyone and distribute what He has given us to do that. I’d prefer the government not do that, but someone has to do it…
Not even close – McCain in a landslide – whether we’re talking economic policy or Biblical values.
@Anonymous – let’s stop calling it the “pro-choice” movement and call in the “pro-abortion” movement. Obama admits to being disgusted by the term. Apparently he’s disgusted with own views.
On politics, I believe it’s for the “common good” of all people, not just for “Christian special interest group”. We are trying to make this country a better place for all people, but we are not trying to make heaven on earth. If we could, Jesus wouldn’t need to come. But defining what’s “common good” is difficult.
On economy, I believe higher tax rate for rich people make sense. I believe God gives wealth to a person is not that this person can live a extravagant life, but to be able to use his blessing to help those who are in need. My biggest concern about Senator McCain is he is not really offering anything new.
While I do agree that there is times abortion should be allowed as a choice for women(rape, incest, endanger of the life of mother, etc), but I strongly believe anti-abortion is not a religious issue. Any human being should understand taking a human life should never be made easy, even there is special circumstances.
My 2 cents.
initially, I think Obama would be better for my pocketbook, since I would benefit from all the services being introduced at the cost of the above-250k/year salaries.
However, I believe this would be very short-lived, and think that, in the long run, McCain would be better for my pocketbook by allowing the owners of the company I work for to keep more of their money, translating into a better job situation for me.
Of course, Bob Barr would be the best on my pocketbook, in the long run…
@ Roland:
I have to say based on the bible, I strongly disagree with your thoughts about “abortion should be allowed as a choice for women(rape, incest, endanger of the life of mother, etc)”. How can we rationalize the killing of babies in our minds based on something that shouldn’t have ever happened to the mother? How can we say that there are ‘certain cases’ where it’s ok? God hates murder. Abortion is killing a baby- it’s murder that’s been legalized by Roe vs: Wade. Let’s not dehumanize this in our minds: there is never a case where it’s ok to take innocent life based on ‘individual cases’ of events that took place in a womens life. It’s sad, yes, that it ever happened in the first place, but the bottom line is what’s done is done, and you can’t kill another life just because something terrible happened to you.
(as a side note, there are other options: consider adoption as one of many.)
watch this showing Obama- it sheds some light on this topic: http://www.youtube.com/watch?v=GbZJYWjkAPo “i don’t want my daughters punished with a baby.” since when did babies become a punishment?!
@Brack –
This country desperately needs to get back to adhering to the US Constitution… I suppose that’s off topic, though.
Third party all the way! Chuck Baldwin would be my first choice, and Bob Barr would be my second.
@Roland –
I disagree with of your second paragraph. Spreading the wealth around is not the job of the government. Our founding fathers knew this. Governmental welfare programs are simply unconstitutional. We are supposed to have a constitutional republic…not a socialized state. History has, indeed, shown us that private organizations/citizens are much more effective in helping those who are less fortunate. While I fully agree that God gives us wealth in order to be a blessing to others, it is not the government’s place to decide that for me. Governments create more red tape bureaucracies than help.
—————————–
That being said, between Obama and McCain, I would much rather see McCain in office.
Obama said he’s going to give a nice tax break to those making less than $250,000 (that number has since changed a few times…last I read it was around $100,000! I mean, come on! Be consistent!). However, it’s confirmed that he has also stated energy costs will skyrocket under his plan. So, there goes your tax break…plus some…literally!
In regards to Obama raising taxes on those making $250,000 or more (or whatever the number is now)…Ultimately, that’s going to hurt the people who have the power to create more jobs (ie: small business owners). You raise taxes on those folks, and unemployment rises. History tells us this.
All in all, the socialistic monetary plans that Barak Obama has for this country are not in good keeping with the Constitution or your pocketbook.
Now, I don’t like McCain, but I do believe that his monetary policies will be better for our wallets in the long run. He favors the Bush tax cuts. Argue all you want, but evidence shows those cuts have helped our economy even during the recent crisis. McCain also has a plan for some additional tax cuts. Again, if we look to history, our economy has been boosted by lowered taxes.
Well, I won’t say who I voted for, but I will say this: I firmly believe that Wall Street will respond more favorably to Obama than McCain ( or any other candidate ) winning the election.
Irrational exuberance lives on……
@Joshua
Wall Street will respond better tomorrow (as it is clear now that Obama is our next President), but who’s in the stock market for the short term – not this guy.
Agreed. As much as people like to believe that one nation or leader makes a market move, the world has moved away from that and is much more global in design.
Keep long term strategies even if you are having to pull money from a retirement account by RMD.