Let's Meet John McCain's Economic Advisors
Wed May 07, 2008 at 02:33:09 PM PDT
We all know that John McCain famously remarked that he didn't know much about economics. Given that, who are the people advising McCain? Today I've chosen three members of McCain's "Brain Trust" to highlight. Let's take a look:
Enough Is Enough
Thu Apr 03, 2008 at 02:32:03 PM PDT
If I hear or read about another billionaire claiming that the current economic woes we are suffering as a nation is due to our "entitlement" programs, I am going to scream. The latest in the long line of billionaire apologist is Pete Peterson. Mr. Peterson, is a longtime opponent of Social Security, Medicaid, and any other government programs targeted to help the needy, who appeared on Charlie Rose. According to Mr. Peterson it is not greed and speculation that has reeked havoc on our economy for the past 30 years, it is the entitlement programs. All this time I have been thinking that not being able to know when you’ve had enough is the problem. Come to find out I am looking in the wrong direction. Greed has been around for a long time, entitlements have not. The Crash and the Depression occurred prior to entitlements; I wonder who Mr. Peterson blames those on.