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CAPSULE COMMENTARY: “Republicans Sell Principles”

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“Republicans have once again showed their hypocritical, compromising stripes. Republican House Speaker J. Dennis Hastert has written a letter to President Clinton offering his full support for a one-dollar increase in the minimum wage, a government program that every reputable economist recognizes renders an economic attack against those at the bottom of the economic ladder. After the Republican convention, South Carolina Republican Lindsey Graham suggested that such compromises are necessary to increase the chances of Republicans’ winning control of both the Congress and the presidency. Of course it’s just another example of what Republicans have done so well for decades: sell their integrity and principles in return for political power. Of course, I’m sure that Republican candidates, who also support Social Security, Medicare, the drug war, the war on immigrants, and public schooling, will continue to regal us with their bromides about the importance of ‘free enterprise, private property, and limited government.

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Jacob G. Hornberger is founder and president of The Future of Freedom Foundation. He was born and raised in Laredo, Texas, and received his B.A. in economics from Virginia Military Institute and his law degree from the University of Texas. He was a trial attorney for twelve years in Texas. He also was an adjunct professor at the University of Dallas, where he taught law and economics. In 1987, Mr. Hornberger left the practice of law to become director of programs at the Foundation for Economic Education. He has advanced freedom and free markets on talk-radio stations all across the country as well as on Fox News’ Neil Cavuto and Greta van Susteren shows and he appeared as a regular commentator on Judge Andrew Napolitano’s show Freedom Watch. View these interviews at LewRockwell.com and from Full Context. Send him email.