McCain's Economic press release

Well McCain's press release is as clear as it can be.

He supports NAFTA, CAFTA, and free trade agreements. He supports cutting the draconian tax rate on corporations and investments. Dropping the estate tax rate to 15% vs Obama's proposed 55%. Allowing for the reality that most small businesses and farms at time of transfer currently run afoul of the Estate tax when the original owners die.

Things like proposing an alternative tax system which is more in line with the means and methods employed by the leading economies of the world. Encouraging R&D with a targeted credit available to any company that is researching new innovations and products. Making healthcare portable and available without considerations to pre-existing impairments. Removing the red tape that prevents private companies from building nuclear power plants. Removing the impediments to companies being able to actually drill for oil and minerals on federal leases they hold.Streamlining the current hodgepodge of laws, regulations and tax credits that have not allowed the alternative energy market to be fully developed.

And that is just the surface. In all cases McCain is stating that government inefficiency is preventing a free market from providing for the economic needs of the American consumer and the companies that could potentially provide the goods and services that would answer the requirements of an expanding economy.

To a very large degree, what McCain is advocating is drawn from presidents as diverse as Carter to GWB. Namely, a free market, and a role of federal government that is a steward of fairness in the market. Not a case as in Obama's plan where the federal government becomes the administrator of the economy.

McCain is calling for a free market solution. By its very nature, that would make him an advocate for capitalism.