Monday, September 15, 2008

Flashback for McCain: "It's the economy, stupid."

Haven't heard anyone mention it lately, but it seems that as we reflect on all the bad news about the economy this weekend (Merrill Lynch selling itself, Lehman Brothers going for bankruptcy) that intelligent voters should recall that John McCain said he doesn't understand the economy.

What was the so-called great idea of the RNC a few weeks back on the economy? Oh, yes. "Drill, baby, drill!" was the chanted solution I think they pushed for the oil crisis and boosting the economy while they leaned on the old Republican standbys of don't regulate big business and never raise taxes. According to those who want McCain in office, there's really nothing wrong with the economy. Didn't one of his former advisers, Phil Gramm, say we're a nation of whiners? (Update 9/15, 2:07 p.m.: Read here what Mother Jones has to say on Gramm's connection to the banking mess.)

Despite Bush's man Greenspan's warning that the economy can't take more of the same economic policies, the McCain camp simply doesn't seem to get that we're in real trouble here and all the gun-packing, moose-hunting mamas in the world won't change that fact.

As McCain touts himself as a maverick and actually tries to steal Obama's campaign message of change, I think those of us with decent memories can see that we really are getting more of the same with McCain. (McCain's even brought us through Palin a rerun with spin on an old Bush line: "read my lips" is now "read my lipstick") Well, if we're going back in time, let's take it farther. Perhaps it's time to dust off that 90s phrase coined during another campaign against another Republican: "It's the economy, stupid!"

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