August 9, 2007
On July 24th, Rudy Giuliani, the important Republican presidential contender, delivered a speech in SF.
It's informative to study the past NY City mayor's comments as they reveal a lot things about him.
He said that Democrats "do not understand a capitalist economy... they think it's bad to make money. They think it's bad to be rich... I think it's great to be rich."
Giuliani's private story point to why he boasts of his prosperity. When he left workplace, early in 2002, he took advantage of his fame as "America's Mayor." Rudy established a consulting firm, and started a profitable lobbying career that has paid him tens of millions of dollars.
In his dialogue, Giuliani disagreed that Democrats understand the temperament of the American economy. He declared that the principal Democratic contenders for President - Edwards, Clinton, and Obama - "want to raise your taxes 20 to 30 percent, and it could be more."
Giuliani favored the tax cuts set up by President Bush: "Tax reductions stimulate an essentially private economy. Why Democrats don't get this, I don't understand... They attack President Bush for lowering taxes twice and for taking us to war... It's pretty smart if you're going to run a war to lower taxes... [To] stimulate the private sector."
Giuliani concluded by saying, "the country is really going in the right direction."
But on the other hand many Americans have concrete reasons for their unhappiness: it is poor healthcare, employment uncertainty, or disappointment with the educational system.
The common fear that underlies our dissatisfaction is the belief that the administration is not working for the profit of all the people, but instead to improve the luck of the lucky few.
