Tipsheet

Forbes and McCain?

Earlier, MKH noted the rumors that Steve Forbes might endorse John McCain. 

Since he endorsed Rudy, and Rudy endorsed McCain, this seems plausible.

Of course, Forbes is a famous flat-taxer, and helped Rudy craft his top-notch tax plan, which included capital gains and corporate tax cuts -- and making the Bush tax cuts permanent. 

McCain's plan is now similar to what Rudy proposed, which also leads me to believe Forbes might consider this.

I tend to think that endorsements matter if they mean the endorser will continue advising the endorsee, after the election (should the endorsee win).  In the case of John McCain -- who admits he's not an economics expert--its especially important that he listens to the right people.

As such, I would be happy if Forbes did more than just endorse; he should also be giving McCain advice.  With fiscally conservative advisers like Kemp, Coburn, and Gramm, supply-siders like me find a bit of solice in the prospects of a McCain presidency.  Steve Forbes' support would provide one more good influence for McCain...

You can listen to my interview with Steve Forbes from October by clicking here.