Game,
Raising taxes is at times a necessary evil. To say the economy must never be faced with a tax increase is insane, we have been doing it for about 100 years now and seems you aren't complaining about the results. Remember the economy had no income taxes at the start of the century and when instituted they were supposed to be temporary. Our standard of living hasn't suffered, but our demands on government most certainly have. The kind of "increase" you insist will come if Kerry wins is basically a loss of the lowered rates that existed before 2002. Those didn't exactly damage the economy.
Your views on the interest rates and home ownership sound like media soundbites to me. An economy that has over-speculation in housing and real estate in general thanks to historically low rates isn't a good thing forever. It can help in a time of economic need, but that isn't the situation faced today. And how high ownership rates get isn't really a macro economic issue. To an economy all there is are "rents", not equity gains. One guy makes $100k on his house, but the buyer theoretically is losing the same amount.
What low interest rates can do is spur an economy through increased investment, but once again too much of a good thing is not a good thing. Our low interest rates are having the net effect of encouraging international investors to borrow money here and then invest it elsewhere, hence our massive trade deficits. Right now I could borrow tax-deductible money at 4.5% on a home equity loan and invest it in a no-risk CD in New Zealand for almost 6%. If anything, the NZD should appreciate over the next 12 months due to parity issues. It isn't completely a risk-free trade, but it just illustrates the gaping issue we are faced with due to our low interest rates. Taking money out of the country and then investing it in another's economy is NOT a good thing for this country.
And stop with the lie sir. 5.4% unemployment rate is not the lowest in the world. You keep trying to say that in Bush-style, as if you repeat something that isn't true enough times it will become believable. Switzerland, the Netherlands, Norway, Sweden, Ireland, Portugal, Singapore, Taiwan, Austria, and Japan are all industrialized countries with lower unemployment than the US. I know you don't seem to care about the actual truth, but it just undermines your credibility when I refer to economic facts to make my points and you just use made up stuff for yours.