Matthew Yglesias (July 10, 2008) - Who Speaks for John McCain (Domestic Policy)
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McCain says today that Phil Gramm doesn't speak for him when he calls the United States a "nation of whiners" suffering from a "mental recession" but today is also the day that McCain sent Phil Gramm to speak for him to the Wall Street Journal editorial board. There whole question of whether or not the current economic downturn is real or else some kind of mass hallucination doesn't strike me as a minor economic policy issue -- if McCain doesn't agree with his top economics surrogates about it, he probably needs a new team.
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It's the ECONOMY stupid!
Let's summarize:
Social security is an "
absolute disgrace."
Zero economists support his plan of a gas tax holiday.
His campaign lied that Obama voted to raise the taxes on those making as little as $32K. While
his health care plan actually would effectively raise taxes on many with an employer subsidized health care plan, hitting lower income workers the hardest.
"The issue of economics is not something I've understood as well as I should," McCain said.
No [censored], John. Maybe you need a new chief economic adviser,
one who didn't create the so-called "Enron loophole" deregulating electronic trading of oil futures while his wife sat on the board of that company as they created fake outages to screw Californians out of $40 billion.
Oh almost forgot,
he wants to make the Bush tax cuts for the wealthy permanent, even though he opposed them as irresponsible, while giving the wealthy countless other tax breaks (AMT, capital gains, inheritance).
And yet he plans to balance the budget in 4 years (which would require cutting the entire nonsecurity discretionary buget - you know... what the federal government operates on).
McCainonomics is da bomb! (And if you don't think so, it's all in your head you whiney little bastard).