One response (not mine, but interesting)
Seriously, McCain has been in opposition of everything Pres. Obama has proposed since taking office.
Had McCain won, this is what I think would have happened.
Firstly, he would bring on a spending freeze, except for the war. There would have been no stimulus and economic recovery plan. McCain would concede the economy was hurting, but try to rosey it up by suggesting it wasn't nearly as bad as it appeared. He then would slash taxes, do away with spending, ignore Wall Street and the banks, while continuing with keeping troops in Iraq, while not even taking a glance at Afghanistan.
Remember when the stock market began to really slide when Pres. Obama took office? Well it would have done the exact same thing, except with no type of banking and Wall Street plan, confidence in the market would have continued to tank under Pres. McCain. So while the markets stabilized under Pres. Obama, they most likely would have continued a sharp decline.
That would lead to even more widespread economic panic.
At the G20, McCain would have been greeted by protests and his attitude would be extremely standoffish toward other leaders. This would ultimately hurt at getting any money to help aide the world economy and he would have left Europe essentially accomplishing nothing.
By mid-March, with the stock market performing at its worst since the early 80s, McCain's approval ratings would begin to crumble as more and more Americans begin to question his leadership.
At that point, the Democrats would have drafted their own economy recovery package, however, McCain would vow to veto anything that spends, suggesting to the American people that spending got us into this mess and less spending and lower taxes would get us out of it.
As the world economy continued to regress, many economists would suggest the United States was about to enter a hard depression. That would causes even more panic and ultimately, the people would take to the streets demanding government action.
That is where we would be with McCain as president. You think it was bad with Bush, well McCain would have sat and watched everything collapse because he established a spending freeze and ultimately would have let everything bottom out. Believing less taxes and less lower spending would turn everything around.
