The McCain Economy Will Be Like Bush's Third Term
Can America afford a presidential candidate who has to bring along an economic adviser in order to be coherent on the subject? Not after the last few years of Bush Administration arrogance in the face of failures, it can't.
Especially when that adviser (and rumored to be a leading contender for a McCain Treasury Secretary spot) is former Senator Phil Gramm (TX-Enron), whose out of touch tendencies led to many a Molly Ivins ribbing back in the day?
So what is McCain's economic strategy? Hell if I know -- or anyone else for that matter -- because it's one big mish-mash, other than the fact that he likes to throw out "spend less and tax the wealthy less for trickle down" platitudes like some magic fairy dust. Sounds like someone has a case of Jack Kemp-itis, without actually comprehending its ramifications on anyone not living in a gated community (YouTube) with deep water yacht slips.
What I do know, though, is that the GOP has put this country in a world of shit. And it seems that most Americans understand that all too well:
More than three-quarters of respondents say the country is heading in the wrong direction, up from 63 percent at the start of the year. The last time more than 70 percent of respondents said that was in 1992.
Among respondents with more than $100,000 in annual household income, 68 percent said the country is on the wrong track. Those with annual income under $60,000 had the highest levels of dissatisfaction, with more than eight in 10 saying the U.S. is going in the wrong direction.
There is a partisan divide in the way people view the country. Slightly more than half of Republicans say the U.S. is headed the wrong way, compared with 87 percent of Democrats.