U.S. Democratic presidential candidate Obama on the 3rd got the presidential nomination. This means that in November U.S. presidential election, he will represent the Democratic Party and compete with John McCain, the Republican candidate. They have different political views on a number of hot issues, in sharp contrast.Economic
Obama: Opposes to Bush government's policy of tax cuts for the affluent sectors whose revenue is 250,000 U.S. dollars or more.
McCain: Supports Bush government's policy of income tax reduction, and intends to reduce the corporate tax rate from 35% to 25%.
Obama: Urges the re-negotiated about the North American Free Trade Agreement to strengthen the terms of labour and environmental; supports to reach the free trade agreement with Peru.
McCain: Supports free trade agreement with Colombia, South Korea and Panama, and new free trade agreement negotiations with 27 EU member states; opposes the changing of North American Free Trade Area Agreement; supports for opening new trade markets.
Iraq War
Obama: Always opposed the Iraq war, and during the election campaign promised that if elected president, will withdrawal of U.S. combat troops from Iraq within 16 months.
McCain: Voteed in support of the Iraq war in Senate, opposed the withdrawal timetable. He recently said that if elected president, will achieve the goals of Iraq in 2013 and withdraw U.S. combat troops.
Obama: Supports the continuation of the current payment of the employer-based health insurance system; supports the federal government to impose universal child health insurance plan; establishment of a national health insurance project.
McCain: Opposes to the federal government to impose national health insurance plan.
Diplomacy
Obama: Emphasizes the negotiation is more important than military action, said that will negotiate with Iran, Syria, North Korea and Venezuela.
McCain: Appeals United States to play a more active and effective role in the international diplomatic stage, and promises to rebuild the relationship between United States and its allies .
Climate Change
Obama: Commits reduce United States carbon dioxide emissions to 1990 levels in 2020.
McCain: Supports to reduce carbon dioxide emissions by 30 percent before 2050; calls for the adoption of clean energy technology development and use of alternative energy sources to achieve this goal.
Originally Posted: China Business Daily
Author: Angulo Fu
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