Greenspanism and Its Discontents
Politico Death Spiral Watch (Mike Allen Edition)

John McCain and Sarah Palin: Dishonest and Dishonorable

They even lie about how many tame economists they have:

JohnMcCain.com - McCain-Palin 2008: 100 ECONOMISTS WARN THAT WITH CURRRENT WEAK FINANCIAL CONDITIONS BARACK OBAMA'S PROPOSALS RUN A HIGH RISK OF THROWING THE US ECONOMY INTO A DEEP RECESSION...

  1. They only have 90 names on the list. Not 100. 90. They can't count.
  2. They only have 90 names on the list: that means that they could not find any more--and I assure you that they tried.
  3. Shame on them for saying "Barack Obama's proposals run a high risk of throwing the U.S. economy into a deep recession." The economic considerations that can be advanced against Obama policies do not include "throwing the U.S. economy into a deep recession." I cannot imagine what mechanism can possibly be contemplated by which Obama's plans would reduce aggregate demand by enough to accomplish that result.

Yes, I am talking to you, Michael Bordo, Michael Boskin, Charles Calomiris, Kristin Forbes, Douglas Holtz-Eakin, Glenn Hubbard, Anne Krueger, Allan Meltzer, Kevin Murphy, William Poole, Kenneth Rogoff, Harvey Rosen, Anna Schwartz, George Shultz, John Taylor, and Murray Weidenbaum. You know better. And I know you know better.

No, I'm not talking to you, Kevin Hassett. I know that you don't know better.

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