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Toward A New Washington Consensus

by David Sirota

You've probably heard that John McCain once said, "I know a lot less about economics than I do about military and foreign policy issues." This line is regularly referenced by Democratic television pundits as evidence that McCain is unprepared to lead the country during a recession.

The criticism is certainly valid, but it ignores something more troubling. It's not that politicians like McCain "need to be educated" about economics, as he admitted. It's that they do n ...

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Posted by: Mike Power
Comment: #1
Fri May 16, 2008 8:18 AM

Thanks for showing us primary sources on the McCain hypothetical question regarding what Canadians might think. At 3 billion dollars per week for Iraq, we may need an economist to run for president - or perhaps the world's smartest man - to show us what that means. I know it should be obvious, but is apparently not so obvious when you filter it through language such as: we don't want the smoking gun to come in the for of a mushroom cloud; if you elect someone who thinks differently than me, we will get hit by terrorists, again (even though we got hit by terrorists when we elected you).

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