McCain: I have no idea about economics, but I’ll be great

Cut taxes, hooray! Lower spending, yippee! Oh boy, to think that he criticizes Romney for being a panderer. How can anyone take McCain seriously when he admits himself that he he doesn’t know what he’s talking about? At least he now has the common sense to quit laughing about his ignorance on the issue.

Like Mike Huckabee, who joked recently that he “may not be the expert that some people are on foreign policy, but I did stay in a Holiday Inn Express last night,” McCain suggested to reporters Monday that American consumer culture offered a short cut to expertise. “The issue of economics is not something I’ve understood as well as I should,” McCain said. “I’ve got Greenspan’s book.”

McCain believes if the Bush tax cuts are made permanent everything will be just fine. Otherwise it’s a tax and tax cuts always pay for themselves,he says, except that they don’t. He supports tax cuts by saying Americans “want to be wealthy people” though he fails to see that that dream has been held back for decades by Republicans who insist on jury-rigging the system to protect the elite, effectively blocking economic mobility. The middle class has been stuck in neutral since the early 1970s and to suggest otherwise is a lie. Why would anyone want someone so ignorant about the economy, being the lead on the economy in 2008?

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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