The issue of economics is not something I’ve understood as well as I should
-John McCain
Here is a recent thread I've done regarding McCain and the economy:
McCain Latest Economic Proposal Seen As Incoherent
And then there's this article:
If any needed evidence of McCain’s weakness on the economy was needed, simply witness how he has dealt with the need for economic stimulus. After last week’s debate in South Carolina, U.S. News wrote that the question of whether the economy needs a stimulus “vexed” the GOP front-runners, who “appeared unaware of the fiscal stimulus debate currently happening in Washington and being closely watched by Wall Street.”
At that debate, McCain said:
“I don’t believe we’re headed into a recession,” he said, “I believe the fundamentals of this economy are strong and I believe they will remain strong.”
In the course of seven days, McCain appears to have reversed course, offering his own stimulus package:
“The fact is we have some tough times ahead,” McCain told supporters in Columbia. But he said the U.S. economy will rebound. “We will get through this rough patch,” he said.
Instead of offering direct middle-class relief for individuals, McCain is proposing cutting the corporate tax rate by 28.5 percent. Douglas Holtz-Eakin, McCain’s top economic adviser, said his approach is to simply let someone else deal with the problems affecting working Americans. “The best course of action is to let the Fed handle it.”
SRC: thinkprogress.org...
At a recent meeting with the Wall Street Journal editorial board, Republican presidential candidate John McCain admitted he "doesn't really understand economics"
SRC: www.huffingtonpost.com...
And then if we go ahead and match this up with the STUPID gas tax plan which would cost us an estimated 300,000 jobs, I'd say McCain is the LAST person I'd want to trust on the economy.
Gas tax info: www.nytimes.com...
news.yahoo.com
(visit the link for the full news article)
Oh, and as far as the war goes, I can see why people would be behind him on Iraq and national security due to the fear tactics the Republicans have been using lately. However, check this out:
It is looking increasingly like John McCain really knows nothing about Iran, despite wanting to bomb them.
Yesterday, in his big non-proliferation speech, McCain took his gaffes to a new level. He actually invented 20 years of negotiations between the United States and Tehran.
SRC: www.huffingtonpost.com...
Do we REALLY want someone who doesn't know what's going on?
Not to mention this:
Sen. John McCain, traveling in the Middle East to promote his foreign policy expertise, misidentified in remarks Tuesday which broad category of Iraqi extremists are allegedly receiving support from Iran.
He said several times that Iran, a predominately Shiite country, was supplying the mostly Sunni militant group, al-Qaeda. In fact, officials have said they believe Iran is helping Shiite extremists in Iraq.
Speaking to reporters in Amman, the Jordanian capital, McCain said he and two Senate colleagues traveling with him continue to be concerned about Iranian operatives “taking al-Qaeda into Iran, training them and sending them back.”
Pressed to elaborate, McCain said it was “common knowledge and has been reported in the media that al-Qaeda is going back into Iran and receiving training and are coming back into Iraq from Iran, that’s well known. And it’s unfortunate.” A few moments later, Sen. Joseph Lieberman, standing just behind McCain, stepped forward and whispered in the presidential candidate’s ear. McCain then said: “I’m sorry, the Iranians are training extremists, not al-Qaeda.”
The mistake threatened to undermine McCain’s argument that his decades of foreign policy experience make him the natural choice to lead a country at war with terrorists. In recent days, McCain has repeatedly said his intimate knowledge of foreign policy make him the best equipped to answer a phone ringing in the White House late at night.
McCain was in Jordan leading a week-long Congressional delegation and has stressed that the trip was not political, despite the decision to hold a fundraiser in London later this week.
[edit on 5/30/2008 by bigbert81]
