Tuesday, February 5, 2008

Straight Talk on the Economy -- Source of American Greatness

John McCain has been frequently quoted that he served his country "for patriotism, not for profit." Economic conservatives are very uneasy that McCain is so comfortable demonizing businessmen, entrepreneurs, and companies as if only military contributions have made our nation great.

The United States defeated the greatest enemy of our time, without firing a single shot. Our military was and is the world's finest, but the Soviet Union had an army and weapons that could have assured mutual destruction. Reagan's supply-side policies unleashed the American economy --this is what ultimately toppled the USSR.

McCain is hostile to those who embrace Ronald Reagan's "peace through strength" doctrine. He champions legislation such as McCain-Lieberman that would impose burdensome environmental regulation on American companies, further encouraging them to move operations to those nations open for business in the Middle East and Asia. He twice voted against supply-side cuts earlier this decade calling them "cuts for the rich". He thinks tax cuts are about individual's personal tax rates, when they are the most important measurement of America's ability to attract the world's investment capital.

"Don't give up your ideals, don't compromise, don't turn to expediency" -- GOP Presidential Candidate, Ronald Reagan, 1976

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