Also, John McCain gave a speech to the Detroit Economic Club today. You can read the full speech. here. Below is a brief excerpt:
Since Adam Smith coined the phrase "the invisible hand," economists, philosophers, and others have debated the virtues of market economies. You'll even hear some presidential candidates claiming to understand the finer nuances of markets and management. In fact, success has nothing to do with fancy theory. The simple lesson of history is that there is no economic force on this globe that is stronger than free people and their desire to create a better life.
Ronald Reagan once said that "Freedom is the right to question and change the established way of doing things. It is the continuing revolution of the marketplace. It is the understanding that allows us to recognize shortcomings and seek solutions." He spoke these words to university students in Moscow in 1988. Those students thirsted for freedom. We are blessed by freedom, but the importance of protecting it in every realm is a message that politicians desperately need to hear today.
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