Jonathan Martin, Politico, March 11, 2008
When the February jobs report came out on Friday, economists grimaced and Wall Street blanched.
John McCain, however, said the news was “not terrible” – and Democrats pounced.
“Once again, John McCain demonstrated just how little he understands about the economy,” the Democratic National Committee declared in an e-mail to reporters.
McCain suffered in the Democratic translation of his remarks at a campaign stop in Georgia, as he had acknowledged the jobs news was “not good” and was not terrible only because the overall unemployment rate didn’t rise.
But the broadside was yet another example of what is already among the most popular lines of Democratic attack against McCain: that the Arizona senator lacks expertise on the economy and will be uniquely vulnerable on what is shaping up to be the overarching domestic issue of the campaign.
Tax cuts are only half. The other is reduced govt.
Comment by grimgold — March 12, 2008 @ 12:21 pm
Volt, the president understanding or not understanding econ doesn’t get it. Many people have advised presidents, people who apparently understand econ better than you and I do. And the right things haven’t occured.
What needs to happen is the people understanding econ.
And it can happen.
The American public can be educated, especially with the internet.
That’s why I keep yelling inflation creates poor people, and makes the poor even poorer.
It’s embarassing that the dollar is doing what it’s doing, but some in power don’t know the meaning of the word embarassement.
It’s up to you and me, kid. The public getting involved is what it will take to put the dollar beck together again, among other things.
Grinnie
Comment by grimgold — March 12, 2008 @ 12:43 pm