John McCain: "I don't really understand economics"

[Seen the light]

Hillary supporters, do you honestly think that Senator Obama REALLY has no chance against this guy?

http://www.huffingtonpost.com/2008/01/21/short-on-economic-underst_n_82529.html

At a recent meeting with the Wall Street Journal editorial board, Republican presidential candidate John McCain admitted he "doesn't really understand economics" and then pointed to his adviser and former Senate colleague, Phil Gramm - whom he had brought with him to the meeting - as the expert he turns to on the subject, The Huffington Post has learned.

http://www.boston.com/news/politics/politicalintelligence/2007/12/mccain_its_abou.html

"The issue of economics is not something I've understood as well as I should," McCain said. "I've got Greenspan's book."

http://www.opinionjournal.com/editorial/feature.html?id=110007600

On a broader range of economic issues, though, Mr. McCain readily departs from Reaganomics. His philosophy is best described as a work in progress. He is refreshingly blunt when he tell me: "I'm going to be honest: I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated." OK, so who does he turn to for advice? His answer is reassuring. His foremost economic guru is former Texas Sen. Phil Gramm (who would almost certainly be Treasury secretary in a McCain administration). He's also friendly with the godfather of supply-side economics, Arthur Laffer.

Phil Gramm? Hmmmm....let's take a look at Phil Gramm for a moment, shall we?

http://www.motherjones.com/commentary/power_plays/2002/03/mean.html

Gramm both looks like a snapping turtle and has the personality of one. When he ran for president in 1996 and finished fifth in Iowa, all the profiles written of him included the line "Even his friends don't like him." Self-righteous and strident, Gramm demonized his opponents and used bitter, polarizing rhetoric. During a Senate debate over Social Security, a member pointed out that the proposal under consideration would hurt 80-year-old retirees. "Most people don't have the luxury of living to be 80 years old," Gramm scoffed, "so it's hard for me to feel sorry for them." Well, there is that.

[Skittles]

1. do you know

that most voters READ NONE OF THAT STUFF?

[Colobo]

2. He said it in a debate. I remember it. It needs to become a soundbyte.

[Seen the light]

3. This will be used in an ad against McCain

Can't you see the ad in your head already?

[Skittles]

5. McCain's entire life needs to be in ads

that guy is just plain batshit CRAZY

[KittyWampus]

4. do you know that is why the opposition puts ads on tv?

[L0oniX]

6. It's going to be a piece of cake.

[LaStrega]

7. He'll handily beat McSame ...

Hope springs eternal in the human breast. :bounce:

[TragedyandHope]

8. McCain on the Economy

Plenty more here:

McCain Graphics
McCain Graphics II

[MattNC]

9. The DNC or 527s

need to run those quotes into the ground repeatedly.

[Boojatta]

10. Nice try.

You say nothing about the negligence of the Beach Boys. Why don't their lyrics explain economics?

[vixengrl]

11. They are too busy making "Kokomo" to be about the islands--

but Kokomo is in Indiana, and where Joe Blow is from. And they are too much about art to be about economics--but they are still all over the economics. "Pet Sounds"--is the equivalent of Adam Smith's The Wealth of Nations. And yet Pet Sounds was a work of art. "God Only Knows" and "Wouldn't it Be Nice" are depictions of the real American dream--boy meets girl, falls in love with girl, makes girl center of world and will do anything, even produce music for the masses--the masses, people, for this girl. Create a market for the west coast surf sound, people. Make people demand more of that breezy, romantic tone, for the benefit of the people. You can not divorce the Beach Boys from economics--you would lose the value of all of it--from "Little Surfer Girl" to "Little Deuce Coupe". Great chicks and primo automobiles, are always commodities, just like boards and great surf territory. The Beach Boys have always been more about economics than anyone would ever know, or care to know. But still, it the bits about relationships I'll always carry with me.

Damnit.

Wouldn't it be nice if we could wake up
In the morning when the day is new
And after having spent the day together
Hold each other close the whole night through

The happy times together we've been spending
I wish that every kiss was never ending
Oh Wouldn't it be nice.

Allocation of time resources to the benefit of the beloved--this is a discussion of division of labor at its finest. Why don't more people recognize?