John McCain Focuses on the Economy
Economics — By admin on July 13, 2008 at 2:49 pmThe liberation of Iraq is now winding down to what is now mostly a security task of keeping Al Qaeda and the Iranian government from smuggling terrorists and weapons into the country.
None of that makes for major news, so the thoughts back here in America have turned to another topic — the economy.
Real estate prices are down. Stock prices are down. It’s a great time to invest — if you have the money and a strong stomach for market fluctuations.
John McCain recently published Jobs in America: The McCain Economic Plan.
As is usual with John McCain, this plan is incredibly middle-of-the-road. It borrows ideas from Democrats like Barney Frank and Chris Dodd. It preaches fiscal conservatism and balanced budgets, while at the same time containing many provisions which reek of government intervention into the economy.
The plan is strong on improving America’s international competitiveness. The plan is also strong on energy independence, especially in it’s support for nuclear power.
The plan is weak in its concern for personal freedom by it’s support of CAFE, drug re-importation, and taxpayer funding for research.
The plan is far from perfect, but at the same time it is unimaginably better than Barack Obama’s Blueprint for Disaster.


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