Monday, April 14, 2008

The party of Sam's Club, not just the country club

Irwin Stelzer endorses John McCain''s economic policy as the right balance of populism and conservatism:
The goal in each instance is not to abandon markets but to improve them, a goal that can also be applied to assist workers displaced by trade carried on in a market in which one of our major trading partners undervalues its currency, or to tackle global warming with taxes or other programs that force users of fossil fuels to pay the cost of the externalities they produce. John McCain was either typically candid or equally typically in a humorous, self-deprecatory mood when he said he knows little about economics. No matter. His instincts, informed by his understanding of how markets work and what to do when they malfunction, and his understanding of the benefits sound domestic policies confer on America's ability to pursue a vigorous foreign policy, allow us to hope that his advisers will let McCain be McCain, a candidate who will worry less about country club and "base" Republicans, and a bit more about the mass of Sam's Club Republicans.
DISCLAIMER: I am supporting McCain

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