Economist assesses presidential platforms

Small Business Times asked Sara Walker, senior vice president and portfolio management team leader with the Milwaukee office of Associated Trust Company N.A., a division of Associated Banc-Corp, to comment on the economic platforms of the presidential candidates vying in the Nov. 4 election.

Here is Walker’s assessment of Republican John McCain:

“Well, this is not the most popular view, but I do like his desire to keep the tax cuts in place and also to continue corporate tax incentives. I am a true proponent of economic growth. That’s why I’m not so worried about our deficits. If policies are followed that allow our people to want to form businesses, that allow businesses that want to expand to be able to expand and invest, then we will grow. I think that’s the best, best solution to so many of society’s ills. The best thing we can do for our people is to provide them a job.”

Here is Walker’s assessment of Democrat Barack Obama:

“I believe Obama has said he might be open to some retention of the corporate tax incentives or enhancements, so I like that. And then, Obama’s policies, he is more oriented to spending, and that concerns me, because it typically leads to higher taxes, but he has an energy that I think is his biggest asset. You know, he’s different. He’s a change. And I hate to use that word. It’s been so overused. But sometimes, that’s all we need … It might just be an interesting off chute to have a new face in office. Somebody who is different. It might encourage big pockets of our population to be more interested in politics and maybe get our voting rates up. That doesn’t determine, necessarily, our economic success in the future, but I don’t think it’s a bad development.”

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