Monday, February 1, 2010

McCain Adviser: Record Deficits Would Have Happened Under McCain, Too

By GottaLaff

http://ndn1.newsweek.com/media/91/douglas-holtz-eakin-FE09-hsmall-vertical.jpg

What's that sound I hear? It's vaguely familiar... Trying to remember... Ah! Yes! It is "truth".

How novel hearing it from a J Sid adviser:

The top economic adviser to John McCain's presidential campaign acknowledged on Monday that the U.S. would be running a historic deficit this year even if the Arizona Republican had won the White House.

Let's record this moment. It is historic.

On MSNBC, Douglas Holtz-Eakin did say that a McCain economic policy would have been different than what we have now. Howevahhh:

[T]he former Congressional Budget Office director did acknowledge that, even with these changes, the country "probably would still have a record deficit" as is projected under the Obama administration.
Why yes. Yes we would. Now then. What does that do to the Rushpublic talking points?

The acknowledgment by Holtz-Eakin is a blow of sorts to the GOP argument that the record-breaking $1.56 trillion projected deficit is solely Obama's responsibility.
Yes, of sorts. Of big fat sorts. Sorts to the nth degree.

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