Archive for the ‘commander and chief’ Category

For McCain: Open and Shut Case (Especially on Economy, Jobs, Growth)

October 31, 2008

He wants government to tackle large looming liabilities such as Social Security and Medicare. He wants to free up health insurance by beginning to sever its debilitating connection to employment — a ruinous accident of history (arising from World War II wage and price controls) that increases the terror of job loss, inhibits labor mobility and saddles American industry with costs that are driving it (see: Detroit) into insolvency. And he supports lower corporate and marginal tax rates to encourage entrepreneurship and job creation.

By Charles Krauthammer
The Washington Post
Friday, October 31, 2008; Page A19

Last week I made the open-and-shut case for John McCain: In a dangerous world entering an era of uncontrolled nuclear proliferation, the choice between the most prepared foreign policy candidate in memory vs. a novice with zero experience and the wobbliest one-world instincts is not a close call.

But it’s all about economics and kitchen-table issues, we are told. Okay. Start with economics.

U.S. Republican presidential nominee Senator John McCain (R-AZ) ...

Above: U.S. Republican presidential nominee Senator John McCain (R-AZ) speaks at a campaign rally in Defiance, Ohio October 30, 2008. REUTERS/Brian Snyder

Neither candidate has particularly deep economic knowledge or finely honed economic instincts. Neither has any clear idea exactly what to do in the current financial meltdown. Hell, neither does anyone else, including the best economic minds in the world, from Henry Paulson to the head of the European Central Bank. Yet they have muddled through with some success.

Both McCain and Barack Obama have assembled fine economic teams that may differ on the details of their plans but have reasonable approaches to managing the crisis. So forget the hype. Neither candidate has an advantage on this issue.

On other domestic issues, McCain is just the kind of moderate conservative that the Washington/media establishment once loved — the champion of myriad conservative heresies that made him a burr in the side of congressional Republicans and George W. Bush. But now that he is standing in the way of an audacity-of-hope Democratic restoration, erstwhile friends recoil from McCain on the pretense that he has suddenly become right wing.

Self-serving rubbish. McCain is who he always was. Generally speaking, he sees government as a Rooseveltian counterweight (Teddy with a touch of Franklin) to the various malefactors of wealth and power. He wants government to tackle large looming liabilities such as Social Security and Medicare. He wants to free up health insurance by beginning to sever its debilitating connection to employment — a ruinous accident of history (arising from World War II wage and price controls) that increases the terror of job loss, inhibits labor mobility and saddles American industry with costs that are driving it (see: Detroit) into insolvency. And he supports lower corporate and marginal tax rates to encourage entrepreneurship and job creation.

An eclectic, moderate, generally centrist agenda in a guy almost congenitally given to bipartisanship.

Read the rest:
http://www.washingtonpost.com/wp-dyn/content/article/
2008/10/30/AR2008103003636.html?hpid=opinionsbox1

This is Part II.  Part I is at:
http://www.washingtonpost.com/wp-dyn/content/article/
2008/10/23/AR2008102302867.html