You hit the nail on the head.
but I think he's missed the whole point of the conflict between conservative and liberal. It's not just about social and moral issues, it's about economic ones. It's a lot harder to adopt a "live and let live" philosophy when the other guy wants to implement real policies which affect your life, property, and how you earn your living, not to mention basic civil and cultural policy.
It's the main argument of Conservatives against a large central government.