The List: McCain’s 10 Worst Ideas

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The List: McCain’s 10 Worst Ideas

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Posted September 2008


Creating a League of Democracies

What he said:“We have to strengthen our global alliances as the core of a new global compact—a League of Democracies—that can harness the vast influence of the more than one hundred democratic nations around the world to advance our values and defend our shared interests.” —Speech at the Los Angeles World Affairs Council, March 26, 2008

Why it’s a bad idea: As Thomas Carothers argues in the July/August issue of FP, “he idea that democracies naturally align is only half right and risks being a dangerous oversimplification.” Carothers and other critics have noted that such a league might further weaken the United Nations. For the most part, world leaders have been cool to the idea, and rightfully so. A previous iteration, the little-known Community of Democracies, founded in 2000, has stumbled into irrelevance.


Calling for a Gas-Tax Holiday

What he said: “I propose that the federal government suspend all taxes on gasoline now paid by the American people—from Memorial Day to Labor Day of this year. The effect will be an immediate economic stimulus—taking a few dollars off the price of a tank of gas every time a family, a farmer, or trucker stops to fill up.” —Speech at Carnegie Mellon University, Pittsburgh, Pa., April 15, 2008

Why it’s a bad idea: Pick your poison. Many (including Dick Cheney) predict that such a “holiday” would have little effect, as oil companies would just pocket the difference. Ditching the 18.4-cents-a-gallon gas tax and 24.4-cents-a-gallon diesel tax would deprive the already-strapped Highway Trust Fund, which relies on gas-tax revenues to fund transportation projects, of cash. Economists and environmentalists also widely deride the proposal, which would boost demand and therefore quickly drive prices back up. When you’re in a hole, it’s best to stop digging.
MANDEL NGAN/AFP/Getty Images


Requiring a Three-Fifths Majority to Raise Taxes

What he said: “John McCain believes it should require a 3/5 majority vote in Congress to raise taxes.” —Press release, Dec. 18, 2007

Why it’s a bad idea: States that have enacted supermajority requirements for tax increases haven’t exactly entered the pantheon of budgetary glory. Take California, which requires approval from two thirds of the state legislature to raise taxes. The Golden State has recently struggled to raise revenues—and has witnessed an increase in taxes disguised as “fees” as a result. Raising taxes should be like the use of force in foreign policy—the last resort, yes, but you never want to take any option off the table.

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