Responsibility and Republican Economics Part II
April 4th, 2008 at 10:41am KMorrison
I noted in Republicans Economics 101 that the McCain campaign needs to do a better job at explaining why Republican economics work. Personal responsibility is the key element that needs to be addressed. There has been much talk about how the candidates would fix the mortgage crisis, and for the Democrats this consists of bailouts. However, actions have consequences, and irresponsibility should not be rewarded. The challenge is that opposing bailouts is often portrayed as uncaring or greedy. In reality these bailouts punish responsible people. Encouraging wastefulness and government dependance harms the economy and society as a whole. There is a role for government when people have been duped, or have extreme circumstances, but the idea that government is supposed to fix my life if I mess up is both poor economics and condesending.
Entry Filed under: John McCain
11 Comments
1. Eric T | April 5th, 2008 at 11:05 am
Statement by John McCain on Today’s Job Report
“This morning’s report is a stark reminder of the economic challenges confronting families today. Across this country, many Americans are hurting. It is imperative to restore the economic foundations for America’s families and small businesses. In addition to rapid and targeted help for those families hurt by the mortgage crisis, it is essential to reduce the burdens on businesses and workers by lowering taxes, streamlining regulation, tackling health care costs, opening markets to American goods and helping those workers in need. Today’s news also underlines the need to focus on innovation, which grows the economy and creates an urgent need for effective worker re-training.
“Despite today’s news, the Democrats will continue to advance their anti-growth agenda. The American people cannot afford the Democrats and their economic leadership. Washington must not be an obstacle to economic growth and robust job creation.”
I think John McCain’s style in this speech is wonderful. I like this part alot,
“The American people cannot afford the Democrats and their economic leadership.”
2. Geoff | April 5th, 2008 at 12:58 pm
One tack I wish Sen. McCain would adopt more is to use this time when both Democrats are going after each other to really take some stands and address the economy. He has an opportunity to really get his foot in the door on the issue right now and I fear he is not using it as much as he could.
3. KMorrison | April 5th, 2008 at 1:33 pm
Agree with both comments. Senator McCain has some time right now to explain why his position on the economy makes the most sense as shown by the quote by Eric T. I’d like to see him beat that drum a little louder.
4. Eric T | April 5th, 2008 at 4:36 pm
John McCain mentioned lowering taxes for workers. This is a great idea that will stimulate growth in the economy. Lets say you just eliminated tax on overtime and taxed workers at 40 hrs pay. People would have some extra cash in their hands to offset inflation on food, energy prices ect..
The democrats playing Robin Hood and redistributing peoples money for them eliminates the motivation for someone to want to work hard. Actually as it is now, the more hours you work, at a certain point with taxes on overtime, you start making less per hour. You get into 72 hr checks and taxes swallow up the premium overtime rate.
5. john marzan | April 6th, 2008 at 10:20 pm
greenspan endorses john mccain
http://www.rogerlsimon.com/mt-archives/2008/04/greenspan_endor.php
roger l simon said:
“If I were the McCain people, I’d make a lot out of this. More than mildly contradicts the “he doesn’t know about the economy” rhetoric coming from the Dems. I mean - do Clinton and Obama know more about economics than Greenspan. I. don’t. think. so.”
6. john marzan | April 6th, 2008 at 10:25 pm
mccain should tell the public that obama and clinton’s rhetoric is not helpful. being anti-free trade and anti-business is not going to help solve our economic problems.
7. john marzan | April 6th, 2008 at 10:28 pm
mccain should hit clinton and obama on their anti-NAFTA rhetoric and their opposition to the Colombian Free Trade agreement.
8. john marzan | April 6th, 2008 at 10:52 pm
mccain straight talk: some jobs won’t come back. obama’s anti-NAFTA rhetoric is not helpful. and he knows it’s not helpful because his advisor is meeting secretly with the canadian gov’t to reassure them that obama doesn’t really mean what he says. either that, or his economic advisor goolsbee, who is a free trader and know how damaging obama’s rhetoric is, is lying to the canadians so as not to alarm them re obama’s intentions.
www.instapundit.com/archives2/015954.php
and hillary clinton’s mark penn is doing the same thing by secretly meeting with the colombian ambassador to push for a free trade agreement that her client opposes. too bad he got caught and was forced to resign so that hillary can save face.
news.yahoo.com/s/nm/20080407/pl_nm/usa_politics_clinton_dc
mccain should be attacking them on this, and attacking them now!
9. john marzan | April 6th, 2008 at 10:55 pm
mccain straight talk: some jobs won’t come back. so we need to set up a new program to retrain people for new jobs that are becoming available.
10. congressive | April 7th, 2008 at 2:27 am
No, McCain proposed raising taxes on middle income wage earners, through taxing medical benefits as income. This means paying taxes on money you never see.
He might even have a really really good reason for this, but it’s a tax HIKE on working stiffs any way you slice it.
11. KMorrison | April 7th, 2008 at 9:01 am
Eric I think that is a great idea. It’s definitely a middle class tax break and rewards people who are putting in the time and effort to improve their’s and their family’s lives.