On Economics can McCain have it both ways?

First John McCain pronounced he knows really small about economics, though he has an consultant staff who does. Then he wants to us to hold he disassociates himself from Phil Gramm, his prolonged time tip mercantile advisor. Gramm is a man who pronounced "Americans have been A BUNCH OF WHEINERS as well as there is zero wrong with a economy"
What does this contrdition discuss it us about McCain’s mercantile competance?

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Comments: 9 comments

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  • Fred S
    October 2nd, 2009 at 2:10 pm

    The bottom line is McCain and the rest of his bunch are out of touch with the American workers and bread winners. McCain and his wife are very very wealthy people who do not get it and never will. It reminds me of when Bush l was running against Bill Clinton, it was then and will be very much about "the economy stupid" McCain and the Republicans will loose this fall and then they will blame John McCain for being too middle of the road. It’s the "Let Them Eat Cake" syndrome as old as history itself.
    Besides being out of touch, McCain is an angry old man who needs to go back to the Home in Phoenix and enter the only thing he might win at the moment, the drooling contest. he can also be great doing a commercial for the famous adult diaper company, but then I guess it DEPENDS.

  • pablo_asawa
    October 2nd, 2009 at 2:10 pm

    American is a bunch of Wheiners? or is it weiners or whinners or is this a new Obama word..??

    First McCain will goose up the Democratic Congress to get something cooking..instead of a lame duck congress..let us be a healthy duck congress..Duck you Obama!

  • sme
    October 2nd, 2009 at 2:10 pm

    I’ve heard he goes both ways, so yes.

  • Laissez-Faire Guy
    October 2nd, 2009 at 2:10 pm

    Gramm said "there is nothing wrong with the economy?" That’s in your quote.

    Look, advisors in your campaign say stupid things sometimes, even though they may otherwise offer great advice.

    It’s not like McCain said it.

  • wittle doll
    October 2nd, 2009 at 2:10 pm

    Yeah sure, why not…??? It’s like having your cake and eating it too. That’s why McCain will have a superb VP that has the economic brain.

    Being President is no place for on the job training, Barry is an unknown, inexperienced flip flopper.

    JUST VOTE MCCAIN !!!

  • Kukoc
    October 2nd, 2009 at 2:10 pm

    "But as McCain tries to balance the tattered libertarianism of Reaganomics with the financial exigencies of the moment, he and his campaign have moved beyond inconsistency into utter incoherence. He vows to balance the budget while also cutting corporate taxes and making permanent the Bush tax cuts for the rich — even though the rich and corporations made out like bandits during the Bush "prosperity," while everyone else’s incomes stagnated. McCain squares this circle by vowing to cut entitlements, a move that would reduce, rather than enhance, consumer purchasing power at a time of economic downturn (or any other time, for that matter).

    "Whether Americans are even experiencing a downturn has been a matter of some dispute in the McCain camp, since former senator Phil Gramm, until last week one of McCain’s chief surrogates on economic issues, deemed America a nation of "whiners" mistaking subjective insecurity over the economy for an objective economic fact. For McCain, who had the misfortune to be campaigning in Michigan the day that Gramm’s remarks dominated campaign news, Gramm’s insensitivity was appalling. But McCain has never expressed any concern that Gramm wrote the legislation that enabled the $62 trillion credit default swaps market to remain unregulated, which, as David Corn documented in Mother Jones, meant that banks and hedge funds could accumulate liabilities that they could not cover if the markets — most particularly, the subprime mortgage market — went south. To the contrary, McCain has viewed Gramm as one of his economic gurus. "There is no one in America that is more respected on the issue of economics than Senator Phil Gramm," McCain declared in February.

    "Gramm hasn’t been the only McCain economic adviser to sound dissonant notes of late. Bloomberg’s Al Hunt reports that Carly Fiorina, the former Hewlett-Packard chief, has said that if a bipartisan coalition came up with tax increases on the rich, a McCain administration might embrace the proposal. On Tuesday, however, a campaign spokesman reiterated McCain’s opposition to such tax hikes.

    "How to explain the McCain campaign’s glaring contradictions on economic policy? Why do the policy mantras that every campaign uses and needs get so warped and so ignored? Why can’t the campaign stay on message? The turmoil in management that has afflicted the campaign from the start surely deserves some of the blame, but I suspect the issues run deeper. One problem is that McCain himself has no real ideas about how to fix the economy, which leaves his tetherless surrogates free to roam the policy landscape. An even deeper problem is that standard-issue Republican economic policy has run out of plausible mantras. The ritual extolling of markets and denigration of government make no sense at a moment when a conservative Republican administration is rushing to save the markets through governmental intervention.

    "Or, to use Reagan’s construction: Republican economics is not the solution to our problem; Republican economics is the problem — for our nation, surely, and also for candidate McCain."

  • aurorah
    October 2nd, 2009 at 2:10 pm

    McCain surrounds himself with the same kind of country club guys, whose lawns are mowed, houses cleaned, dinners cooked, laundry done, by the faceless masses they care nothing about. Life is good for them. Why shouldn’t it be?
    But to call Americans a bunch of whiners, really takes nerve.
    The Emperor has no clothes, Phil, you miserable snob.

  • Mike
    October 2nd, 2009 at 2:10 pm

    This is the exact contridiction that would expect from McCain. He said himself that he wasn’t knowlegable when it comes to the economy, but then dinied saying it later in a debate. I loved it when Tim Russert (bless his soul) called him out on it.

    This man has spent the majority of his politial career helping business man get off the Greatest Bank Robbery of America with the SNL scams. Everyone forgets he was part of the Keating 5.

    The smartest business move he ever did was marry a rich woman, and leave his deformed first wife that stood by him.

  • JundaKell
    October 2nd, 2009 at 2:10 pm

    McCain can pretty much have anything he wants, after all he is our new president.

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