Columnist Charles Krauthammer argues that John McCain is more prepared to deal with the economic crisis than his poll numbers would suggest: “Generally speaking, he sees government as a Rooseveltian counterweight (Teddy with a touch of Franklin) to the various malefactors of wealth and power. He wants government to tackle large looming liabilities such as Social Security and Medicare. He wants to free up health insurance by beginning to sever its debilitating connection to employment – a ruinous accident of history (arising from World War II wage and price controls) that increases the terror of job loss, inhibits labor mobility and saddles American industry with costs that are driving it (see: Detroit) into insolvency. And he supports lower corporate and marginal tax rates to encourage entrepreneurship and job creation. An eclectic, moderate, generally centrist agenda in a guy almost congenitally given to bipartisanship.”
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