Posted by
Always To The Right on Monday, October 20, 2008 10:39:07 AM
If John McCain manages to win this election, he should thank Joe
Wurzelbacher for doing what McCain’s campaign couldn’t do: straighten
out his economic message. In Toledo, McCain finally gave the correct
analysis of the Barack Obama approach to free enterprise. First,
though, McCain defended Wurzelbacher from the avalanche of attacks he
has received, and put them in their proper perspective
That is the formula that answers Obama, and McCain never really
discovered it until Joe the Plumber made it obvious. The strength in
the American economy comes from the private sector, not from welfare
programs. While Joe Biden and Obama talk about reconstituting the Works Projects Administration,
Joe and the rest of the taxpayers would like to hang onto the wealth
they create and spread it around as they see fit, not as some
bureaucrats in Washington would like — after taking a healthy share of
it for themselves.
Government has a role in protecting opportunity, but not in
dictating results. The former is wise governance of a free market, and
the latter is socialism. It presumes that property belongs to the
government first, not to those who own it, and that government has the
right to transfer property to whomever they select as stewards of it.
No one hoards money in mattresses any longer. When people make more
money, they either invest it or they spend it. In both cases, it
“spreads the wealth” in the manner chosen by the owner of that wealth,
without any of the massive cost burden of filtering it through
Washington bureaucracies. That’s much more effective at building an
economy than capital confiscation and redistributionism. How do we
know this? The latter has failed in every instance it has been tried,
and the former has served America well for over two centuries.
If McCain wants to win this election, he needs to stop talking about
almost everything else and focus on this message. The same impulse to
“spread the wealth around” through government redirection of capital is
what caused Fannie Mae and Freddie Mac to collapse, and government to
grow into the behemoth it has become. The more McCain makes that case,
the closer he will come to shocking the world on November 4th.