McCain Is Taking Economics Lessons

The Presidential candidate who recently said economics is not one of his strong points appears to be taking lessons.

...on deep background, this senior McCain advisor told me I was correct: no cap-and-trade. In other words, this central-planning, regulatory, tax-and-spend disaster, which did not appear in Mac's two recent speeches, has been eradicated entirely -- even from the detailed policy document that hardly anybody will ever read.

So then I asked this senior official if the campaign has taken cap-and-trade out behind the barn and shot it dead once and for all -- buried it in history's dustbin of bad ideas. The answer came back that they are interested in jobs right now -- jobs for new energy production and jobs from lower taxes. At that point I became satisfied. Even though a McCain presidency might resurrect cap-and-trade, it will be a much different format. More important, the campaign is cognizant of the conservative rebellion against it.

Good for McCain for working to fill the gaps in his knowledge base and adjusting his policies accordingly.

The fact that cap and trade is a dead horse is especially good. We are going to need abundant energy supplies to develop new ones.

H/T linearthinker

Cross Posted at Power and Control


posted by Simon on 07.10.08 at 05:30 PM





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Comments

Good for McCain for trying to learn something. Bad for McCain for shooting his mouth off with some half-baked plan that had no right to the light of day.

Learning on the job ... is McCain the guy we want to give that much leeway to?

Paul A'Barge   ·  July 10, 2008 10:26 PM

I'd rather give it to McCain than Obama. McCain's at least willing to admit he doesn't know something - Obama seems to be the sort who'd run the car off a cliff rather than admit he couldn't figure out how to steer it. And his inexperience and self-regard is such that I'm not sure any amount of on the job training will help.

"We are going to need abundant energy supplies to develop new ones."

Fully agreed there - on my blog I've likened the race to produce energy to the various games like Civilization 4 - you have to research your way to the next level before what you're using gets depleted to a point where you can't advance. Here in the US we've been pretty much blocked regarding nuclear power, though the research has been ongoing - and government fusion's turned into a lifetime jobs program for PhDs.

Playing games. (Rusted Sky)

That's why I'm really glad to see the advancement on the Polywell reactor - it makes me think we're gonna make it to the next level, DESPITE the folks who'd want to shove us back to an 'ecologically supportable' agrarian lifestyle. Me? I'm fond of this electricity and internets stuff, not to mention hot water and indoor plumbing.

But we could still derail...

JLawson   ·  July 10, 2008 10:56 PM

JLawson,

Yep. Especially:

I'm fond of this electricity and internets stuff, not to mention hot water and indoor plumbing.

M. Simon   ·  July 13, 2008 10:00 AM

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