"Why I am a Republican"

David Frum seems to be dismayed at the current state of the GOP. As to why he remains aligned with the Republican party, he explains – among other reasons:

Republican policies of lower taxes, less regulation, and restrained social spending may be poor medicine for the immediate crisis. But they remain the best formula to support the longer-term growth of the economy – way better than the Democratic preference for high taxes and opportunistic economic interventions. The difference between the US growing at an average of 2% vs. 3% over the next decades will determine not only the life-chances of the next generation of Americans, but the power balance of the planet between the US and China.