Responsibility and Republican Economics Part II
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.
11 comments April 4th, 2008
