Did anyone detect a hint of optimism in anything the candidates said? Why didn't McCain, especially, list the number of economic downturns and recessions that America has overcome? Why didn't he mention the sharp drop in the stock market after 9/11 and note how it came roaring back? It was the same with the savings and loan debacle in the late '70s and early '80s. This is America. We always come back. If you can't make it here, you can't make it anywhere; shining city on a hill; bootstraps; we shall overcome. Rather than wallow in misery (and those who lived through the Great Depression would have gladly swapped places with us if they'd had a time machine), modern politicians too often indulge the indolent and self-absorbed.
McCain missed a grand opportunity to call Obama's tax-and-spend plans "voodoo economics" (or would someone call that "racist," as House Banking Committee Chairman Barney Frank has called those who questioned Fannie Mae's loans to minorities whose income and credit worthiness would have disqualified them for loans in more fiscally responsible times?).
Why didn't McCain challenge Obama's promise to cut taxes for the middle class? As Jack Kemp and Peter Ferrara wrote in Wednesday's Wall Street Journal, 20 percent of the middle class pay only 4.4 percent of all federal income taxes, while the bottom 40 percent of earners pay no taxes at all. To say that only "the rich" should pay more and that those who pay little or no taxes should get a check to make things "fair" is George McGovern redistributionism, even socialism. That economic model was soundly rejected in 1972 and in subsequent elections. McCain should propose ways to allow more people to become rich. We should reject Obama's plan to penalize those who have worked hard to become well off. That's real fairness.
Individual initiative, risk-taking, an entrepreneurial spirit and optimism are what built and have sustained America through many challenges over the last 232 years. Government can't produce those qualities in any of us. We must produce and renew them in ourselves. Maybe we'll hear some of that in the third and final debate, but with both candidates largely repeating what we've heard before, I'm not looking for vision, or soaring and substantive rhetoric.
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