Whats the clubs take on John McCains economic policies?
It’s generally quite good. Sen. McCain has had some apostasies from our point of view over the years, and the glaring one was his opposition to the 2001 and 2003 tax cuts. But Sen. McCain has long since advocated that those tax cuts be made permanent and in fact has now been consistently advocating that we lower the corporate tax rate, which is about the second highest among all the industrial countries in the world; he’s exactly right about that. He has spent an entire career fighting wasteful spending and, in particular, earmarks. He’s not new to this battle. He’s been fighting this for ages. He’s always been an advocate for free trade and continues to be. He voted against the new entitlement program that the Bush administration pushed — the prescription drug bill. He votes against the farm bills, including the most recent one. On economic policies, generally speaking, I think Sen. McCain is very much on the right path. There’s one other worrisome area in which he departs from what
