Tuesday, June 24, 2008
John McCain: Economic Illiterate
McCain has proposed a $300 million prize to anyone that developes some kind of super-battery to help combat American's reliance on oil.
According to this Associated Press article, McCain said, "From now on, we will encourage heroic efforts in engineering, and we will reward the greatest success."
John, that's what the free market does. It doesn't need government largesse to make it work.
He fails to understand that if someone (or, more likely a team of people) invents his super-battery the market will reward that person with far more than $300 million.
The money the market provides will be given voluntarily to the inventor of the battery. It won't be necessary for the federal government to use taxes to reward the inventor.
If McCain is the best the Republicans can do, they deserve to lose the election. And they will.
At least Obama is true to his belief that big government is the answer to all of the world's problems. He is dead wrong and he is going to make Jimmy Carter's economy look good, but at least Obama has principles and is steadfast in them.
McCain is a political Wack-A-Mole machine. You have no idea where he's going to come from next.
According to this Associated Press article, McCain said, "From now on, we will encourage heroic efforts in engineering, and we will reward the greatest success."
John, that's what the free market does. It doesn't need government largesse to make it work.
He fails to understand that if someone (or, more likely a team of people) invents his super-battery the market will reward that person with far more than $300 million.
The money the market provides will be given voluntarily to the inventor of the battery. It won't be necessary for the federal government to use taxes to reward the inventor.
If McCain is the best the Republicans can do, they deserve to lose the election. And they will.
At least Obama is true to his belief that big government is the answer to all of the world's problems. He is dead wrong and he is going to make Jimmy Carter's economy look good, but at least Obama has principles and is steadfast in them.
McCain is a political Wack-A-Mole machine. You have no idea where he's going to come from next.
Labels:
BlueCarp Original; Politics,
John McCain
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