During tonight’s debate in Florida, Senator John McCain questioned where a quote came from that cited his own admission that he does not understand economics.
Here is Senator McCain’s admission:
Sen. McCain: "'The Issue Of Economics Is Not Something I've Understood As Well As I Should." "Like Mike Huckabee, who joked recently that he 'may not be the expert that some people are on foreign policy, but I did stay in a Holiday Inn Express last night,' McCain suggested to reporters Monday that American consumer culture offered a short cut to expertise. 'The issue of economics is not something I've understood as well as I should,' McCain said. 'I've got Greenspan's book.'" (Sasha Issenberg, "McCain: It's About The Economy," The Boston Globe, www.boston.com, Posted 12/18/07)
· Sen. McCain: "I Still Need To Be Educated." "On a broader range of economic issues, though, Mr. McCain readily departs from Reaganomics. His philosophy is best described as a work in progress. He is refreshingly blunt when he tells me: 'I'm going to be honest: I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated.'" (Stephen Moore, "Reform, Reform, Reform," OpinionJournal.com, 11/26/05)
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