Posted by
The Conservative Hispanic on Thursday, July 31, 2008 11:01:22 PM
We can argue all we want about what is wrong with McCain and how is not a true "conservative," but I want to make it clear once again -- the alternative -- an Obama administration -- would cost more than I am willing to sacrifice.
Let's look at his economic policies. The decline to our economy, and the resulting poverty, would affect millions in the US and around the world.
From the property rights and rule of (contract) law foundations of a
successful market economy to the specifics of tax, spending, energy,
regulatory and trade policy, if the proposals espoused by candidate
Obama ever became law, the American economy would suffer a serious
setback.
Michael Boskin aptly concludes with the truth about what sort of change exactly is Barack Obama proposing.
History teaches us that high taxes and protectionism are not conducive
to a thriving economy, the extreme case being the higher taxes and
tariffs that deepened the Great Depression. While such a policy mix
would be a real change, as philosophers remind us, change is not always
progress.