You've probably heard that John McCain once said, "I know a lot less about economics than I do about military and foreign policy issues." This line is regularly referenced by Democratic television pundits as evidence that McCain is unprepared to lead the country during a recession.
The criticism is certainly valid, but it ignores something more troubling. It's not that politicians like McCain "need to be educated" about economics, as he admitted. It's that they do n ...
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