January 23rd, 2008, 06:25 PM
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#1
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A Whole New World
Join Date: Sep 2003
Location: On another planet
Posts: 40,791
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McCain admits he "doesn't really understand economics."
Sweet! Just what we need.
Quote:
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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.
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http://www.digg.com/2008_us_election...tand_economics
Perhaps he could take a lesson or two from my guy.
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You see, Cards fans, when you love a team without likin' it, the games can be long and cold, and contempt comes up with the sun...
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January 23rd, 2008, 06:52 PM
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#2
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The Cardinal Smiles
Join Date: Dec 2002
Location: Nashville
Posts: 16,489
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that is kinda scary, but at least he's honest about it, instead of pretending that he is all-knowing on econ (like some other politicians)
it would be awesome if the winner of the GOP takes on Paul as an economic counsaltant
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Signed,
arthurpostpadder
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January 23rd, 2008, 07:11 PM
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#3
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Goodbye, Sir. Thank You
Join Date: Jun 2005
Location: MESA! :thud:
Posts: 24,385
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 dreamcastrocks--My Hero!!
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January 23rd, 2008, 07:19 PM
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#4
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A Whole New World
Join Date: Sep 2003
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Quote:
Originally Posted by Linderbee
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Only people who eat Dagwood sammies say "Egads."
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You see, Cards fans, when you love a team without likin' it, the games can be long and cold, and contempt comes up with the sun...
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January 23rd, 2008, 07:28 PM
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#5
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Goodbye, Sir. Thank You
Join Date: Jun 2005
Location: MESA! :thud:
Posts: 24,385
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Quote:
Originally Posted by Donald
Only people who eat Dagwood sammies (and UncleChris) say "Egads."
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ftfy...
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dreamcastrocks--My Hero!!
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January 23rd, 2008, 07:35 PM
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#6
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A Whole New World
Join Date: Sep 2003
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How do you know UC doesn't eat Dagwood sammies?
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You see, Cards fans, when you love a team without likin' it, the games can be long and cold, and contempt comes up with the sun...
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January 24th, 2008, 05:36 AM
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#7
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Goodbye, Sir. Thank You
Join Date: Jun 2005
Location: MESA! :thud:
Posts: 24,385
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Quote:
Originally Posted by Donald
How do you know UC doesn't eat Dagwood sammies?
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because Pariah has the trademark on them. UC wouldn't dare tread on Pariah's turf.
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dreamcastrocks--My Hero!!
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January 24th, 2008, 06:43 AM
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#8
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H.S.
Join Date: Feb 2003
Location: The Aventine
Posts: 35,345
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While I think this is damaging to his image during an election year, it doesn't bother me too much. I wonder how many of our presidents really understood economics. It's not something you can do part-time and have a good grasp of, IMO. That's why you have economic advisors.
But, that said, McCain has lost all room to smirk at Paul when he starts rambling on about his economic ideas.
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January 24th, 2008, 07:18 AM
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#9
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Moderator
Join Date: May 2002
Location: Alexandria, VA
Posts: 4,884
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Quote:
Originally Posted by Pariah
I wonder how many of our presidents really understood economics.
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I believe Josiah Bartlett (Martin Sheen) on the West Wing won the nobel prize in economics. |
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January 24th, 2008, 07:19 AM
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#10
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Registered User
Join Date: Apr 2003
Location: Maricopa, AZ
Posts: 13,790
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Clinton was a Rhodes scholar in Economics....
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Quintus: People should know when they are conquered.
Maximus: Would you, Quintus? Would I?
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January 24th, 2008, 07:22 AM
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#11
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H.S.
Join Date: Feb 2003
Location: The Aventine
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Quote:
Originally Posted by nathan
I believe Josiah Bartlett (Martin Sheen) on the West Wing won the nobel prize in economics.
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I stand corrected. |
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January 24th, 2008, 07:24 AM
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#12
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H.S.
Join Date: Feb 2003
Location: The Aventine
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Quote:
Originally Posted by Divide Et Impera
Clinton was a Rhodes scholar in Economics....
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That great, but my point still remains....and I honestly don't know the answer: how many presidents really understand economics?
Obviously, Bush doesn't. Clinton obviously did. Bush Sr.? Regan? Carter? Ford?
...You get my point. Is clinton the exception to the rule, or would McCain be the exception? |
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January 24th, 2008, 07:31 AM
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#13
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Registered User
Join Date: Apr 2003
Location: Maricopa, AZ
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It could be argued that FDR at least knew what to do economically to get the US out of the Great Depression. I would assume that took a strong grasp of Economics....
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Quintus: People should know when they are conquered.
Maximus: Would you, Quintus? Would I?
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January 24th, 2008, 07:34 AM
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#14
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Registered User
Join Date: Apr 2003
Location: Maricopa, AZ
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As an aside, I would argue that the understanding of economics is inversely related to the ability to achieve ends by force/threat of force. I doubt that the land grabs of the early to mid 19th Century took much economics. The Louisiana and Gadsden purchases in particular were terribly unfair in the favor of the US by any economic measure....
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Quintus: People should know when they are conquered.
Maximus: Would you, Quintus? Would I?
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January 24th, 2008, 08:04 AM
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#15
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A Whole New World
Join Date: Sep 2003
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I don't think it is a bad thing so much to not be an economics expert, but shouldn't he say something like..."even though I've got a firm grasp on the economics of our nation, one of my advisors on the economy is so and so, and I've brought him here today to be part of this discussion."
Of course, when so and so does all the talking and McCain just sits there grinning and winking, the jig is up.
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