http://www.thecarpetbaggerreport.com/archives/14293.htmlJohn McCain recently acknowledged, “The issue of economics is not something I’ve understood as well as I should.” He added, however, “I’ve got Greenspan’s book.”
http://thinkprogress.org/2008/01/18/mccain-economy/I’m quite certain The Maestro isn’t helping. In South Carolina, McCain told an audience a couple of days ago, “Every time in history we have raised taxes it has cut revenues.” As a matter of reality, McCain was talking gibberish.
http://blogs.tnr.com/tnr/blogs/the_plank/archive/2008/01/18/mccain-lies-his-head-off-new-york-times-asleep-at-swich.aspxA few days prior, at a Republican debate, McCain said, “I don’t believe we’re headed into a recession. I believe the fundamentals of this economy are strong and I believe they will remain strong.”
http://blogs.wsj.com/washwire/2008/01/10/are-we-headed-toward-a-recession/Now, McCain, who presumably would have learned something about economics after serving in Congress for the last quarter-century, blamed government spending for creating an economic decline that he didn’t believe existed less than a week ago........