Way Beyond Economic Illiteracy
by sarabeth at 10:59 am on June 23rd, 2008 in 2008 Presidential, Economy, St. John McCainJohn McCain famously conceded last December: “The issue of economics is not something I’ve understood as well as I should”, but the problem may be much worse than that.
It looks very much like McCain doesn’t even understand the meaning of the word “economy”:
“Senator, what do you see as the gravest long-term threat to the U.S. economy?” That was the first question we put to John McCain when he sat down for an interview with Fortune on a sunny afternoon in June…. [W]e were asking McCain to rise above the news and look ahead to the day seven months from now when, he hopes, he’ll be sitting in the Oval Office. We wanted to know what single economic threat he perceives above all others.
McCain at first says nothing…. He’s looking not at us but into the void. His eyes are narrowed. Nine seconds of silence, ten seconds, 11. Finally he says, “Well, I would think that the absolute gravest threat is the struggle that we’re in against radical Islamic extremism, which can affect, if they prevail, our very existence. Another successful attack on the United States of America could have devastating consequences.”
Or is any other interpretation of this exchange possible?
Post a Comment