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Friday, May 09, 2008 --- 3 days ago http://news.aol.com/political-machine/2008/05/09/economists-on-mccain/
Filed under: Republicans , John McCain , 2008 President The Wall Street Journal's Real Time Economics blog reports today on economists who responded to the question: "Which of the three remaining presidential candidates offers the most responsible fiscal policy proposals in your view?"
The question was part of the Journal's latest economic forecasting survey. About half of the survey participants elected not to answer with a candidate preference. Of those who answered, 75% selected John McCain. The depressing reasoning? "His [policies] are the least horrible," according to James F. Smith of Western Carolina University.
Senator McCain has had mixed results on the economy throughout his campaign. He has long been haunted by his statement to the Boston Globe that "The issue of economics is not something I've understood as well as I should." The DNC tried to capitalize on a perceived weakness with an ad that was recently dismissed by FactCheck.org as "factually untrue", determining that, with regard to jobs, "McCain is correct and the ad is wrong."
Within his own party, he suffered for his vote against the Bush tax cuts. Senator McCain now says that, since the tax cuts are already in place, they should remain in place. This stance is seen by Democrats as further evidence of weakness on the economy, although it has strengthened his fiscal credentials among conservatives.
Senator McCain has long been regarde ... |
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