Then in December of the same year he said, "The issue of economics is not something I've understood as well as I should," the Boston Globe reported on its "Political Intelligence" blog at the time.
It's clear from his recent comments on Obama's stimulation plan that nothing in his economics knowledge has changed. Here are a few of those recent comments;
$50 million in funding for the National Endowment for the Arts — all of us are for the arts, Tell me how that creates any significant number of jobs? After-school snack program is probably a good idea. Do we really want to spend $726 million on it?I know that McCain is probably as ignorant about the arts as about economics. But Senator arts are created by people. Funding for the NEA employs visual artists, actors and other creative artists. But it also employs people in galleries, stagehands, ushers, box office personnel, and, Senator, sometimes even plumbers. People, Senator, also prepare and serve school lunches. Other people maintain the facilities. And others construct new facilities. But, of course, from some Republican points of view these are just work not jobs.
Here are more McCain words of economic wisdom:
The whole point, Mr. President, is to enact tax cuts and spending measures that truly stimulate the economy. There are billions and tens of billions of dollars in this bill which will have no effect within three, four, five or more years, or ever. Or ever.Much could be said about this latest McCain economic lecture, but in addition to his ignorance he also obviously doesn't listen to what Obama actually says before he shoots off his mouth.
All this shows the wisdom of the American voters last November. And the lack thereof on the part of the Republicans in choosing their anti-Obama spokesperson.