John McCain has decided to start talking about the economy even though, by his own admission, he has no idea what he's talking about. It shows. His newly announced economic program, which gives new meaning to the phrase "vomitous mass," extends Bush Administration tax cuts which McCain previously opposed, introduces new tax cuts -- including a temporary repeal of the gas tax (why not eliminate tax breaks for oil companies, instead?) -- and plagiarizes borrows from Democratic proposals for helping families who risk losing their homes as a result of the mortgage crisis. (Interestingly enough, McCain's principal economic advisor, Phil Gramm, was almost single-handedly responsible for some of the banking de-regulation that led to the mortgage crisis in the first place. Strangely, McCain didn't mention that...) McCain's proposals would cost upwards of $195 billion, which is odd coming from a self-described deficit hawk. Unfortunately, he didn't offer a rationale for why it makes sense to cut taxes while we're still spending $5000 every second in Iraq, which is a rather important point since it's fine with McCain if we're there for another 100 years.
This will all get about 10 minutes of attention and no real scrutiny before the media returns to the Barack and Hillary show.
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