No New Economic Policy Is Expected From McCain

Puppycow

Penultimate Amazing
Puppycow
Joined
Jan 9, 2003
Messages
32,152
Location
Yokohama, Japan
This is a little bit of inside baseball here, but a story in the Politico that ran on Saturday suggested that McCain was about to unveil a new economic plan this week. An exerpt from that story:

As part of a plan to reinvigorate his flagging campaign, Sen. John McCain (R-Ariz.) is considering additional economic measures aimed directly at the middle class that are likely to be rolled out this week, campaign officials said.

Among the measures being considered are tax cuts – perhaps temporary – for capital gains and dividends, the officials said.

“The market’s the focus,” a McCain adviser said. “You want to stop the fleeing.”

No more bailout money is being contemplated, the adviser said. “We’ve written a check to everyone in sight,” the adviser said. “We’re not in that game.”
Click to expand...
(Does John McCain think that the investor class and the middle class are the same thing?)

Anyway, apparantly that story was mistaken, because the McCain campaign is now backpedalling on that idea, and they do not now plan to propose any new policies this week, according to the New York Times.

A new national poll has Obama up by 10% with three weeks left to go, and it seems like the McCain campaign lacks a clear direction. Other than more harping on Ayers, they seem to have few arrows left in their quiver.
 
Ever since Palin was announced as VP, the McCain campaign seems to becoming more and more erratic and relying on snap decisions. This does not bode well.
 
The McCain campaign has to be rather skittish about proposing anything new at this point. Practically every move they've made over the past month has turned into a negative for McCain. He can't ignore the economy, but he can't win with it either.
 
McCain "proposing something new" on the economy would be an admission that he was wrong in the first place, and would just reinforce how out of touch he was when he claimed the fundamentals were strong and we needed to stay the course. It would be an admission that he has no foresight.

Obama is coming from a position of strength, being able to say, "We told you so" and "Our plan would have prevented it." Regardless of whether that would have been the case, at least he can claim it. McCain can't say that at all.
 
Scene: Presidential Debate III

McCain: I have proposed the following economic plan. Blah, blah, blah. Doesn't matter what he says.

Obama: John McCain first said the economic fundamentals were sound. Then he suspended his campaign to support the Bush recovery plan. Then he expressed doubt about that plan. Then he proposed a new plan at our last debate. Now he has ANOTHER new plan. John McCain is erratic on economic policy.

Post debate punditocracy: McCain looked the fool.

Post debate analysis: McCain went 0-3. Game, set, match. Hello, President Obama.
 
Ed Rollins, the man who managed Reagan's two campaigns, is all but writing McCain off. He stated on CNN last night that to have any chance, McCain has to come up with a attractive Economic program and not just tie but have a huge win in tommorow's debate. And even then, that will just make some undecided voters take a second look at McCain, and that might not be enough. If Rollins is saying that, then it is not looking good for McCain at all.
Rollins also stated this is the worst ran Presidential campaign he has seen in a while.
 
Shoot, Rush Limbaugh has written off McCain. He apparently asked Sarah Palin yesterday what were her plans after this election.

Apparently, "serving as vice president" didn't come to his mind.
 
You must log in or register to reply here.

Back
Top Bottom