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Brzezinski and McCain adviser agree that McCain admitted lack of economic knowledge once -- but he's done so several times

April 07, 2008 2:23 pm ET

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SUMMARY: On Morning Joe, co-host Mika Brzezinski and Carly Fiorina, an economic adviser to Sen. John McCain, suggested that McCain acknowledged his weakness on economic issues only once. But the Boston Globe has reported that "on numerous occasions over the course of the campaign, McCain has volunteered that he is unsatisfied with his lack of knowledge about aspects of economics."

72 Comments

Interviewing former Hewlett-Packard chairman and CEO Carly Fiorina, an economic adviser to Sen. John McCain, during the April 7 edition of MSNBC's Morning Joe, co-host Mika Brzezinski asked, "What about this whole -- I mean, I almost think it's been blown out of proportion, Joe -- but people are talking about the way John McCain, you know, once said, 'I don't know too much about the economy.' Is he prepared to lead this nation through a recession?" Fiorina responded: "Yes, he is prepared to lead this nation through tough times, and you know, I think that comment, which was made one time and blown totally out of proportion, is frankly more a reflection of John McCain's innate humility than anything else." However, contrary to the suggestion that McCain acknowledged his weakness on economic issues only once, The Boston Globe reported in a January 26 article that "on numerous occasions over the course of the campaign, McCain has volunteered that he is unsatisfied with his lack of knowledge about aspects of economics."

Further, while Fiorina asserted that McCain's acknowledgment of his lack of economic knowledge was "more a reflection of John McCain's innate humility than anything else," Brzezinski did not note that during the January 24 Republican presidential debate, when presented with a quote in which he claimed he knew "a lot less about economics" than "military and foreign policy issues," McCain suggested he had not said it, asserting, "I don't know where you got that quote from. I'm very well-versed in economics."

The Globe article included several quotes in which McCain mentioned his "lack of knowledge" about economics, going back as far as 2005:

"I'm going to be honest: I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated," McCain told the Wall Street Journal in late November.

In December he said, "The issue of economics is not something I've understood as well as I should," as the Globe reported on its "Political Intelligence" blog at the time.

On at least one occasion, McCain has raised the matter himself. On Nov. 10, while traveling through New Hampshire on his Straight Talk Express bus, McCain was asked what he would seek in a vice presidential candidate if nominated.

After mentioning the ability of a potential running mate to replace the president, McCain said, "You also look for people who maybe have talents you don't, or experience or knowledge you don't, as well."

"What are those qualities that you don't -- that you wouldn't mind complementing?" asked David Brooks, a columnist for The New York Times.

McCain paused. "Uh, maybe I shouldn't say this, but, somebody who's really well grounded in economics," he said.

"I think I understand the fundamentals, I talk to people all the time on economics - it's obviously a vital part of America's future," McCain continued. "But I know there are some people who have literally immersed themselves on issues of economics, how Congress works on it, the tax code, that sort of thing. I would look for that kind of talent not in a vice president but in close advisers."

"They are complicated," McCain said of economic issues, "and I freely admit I am not an economist."

The Wall Street Journal article by Stephen Moore is dated November 26, 2005, and the Political Intelligence blog entry is from December 18, 2007. Both have previously been noted by Media Matters for America.

From the April 7 edition of MSNBC's Morning Joe:

BRZEZINSKI: What about this whole -- I mean, I almost think it's been blown out of proportion, Joe -- but people are talking about the way John McCain, you know, once said, "I don't know too much about the economy." Is he prepared to lead this nation through a recession?

FIORINA: Yes, he is prepared to lead this nation through tough times, and you know, I think that comment, which was made one time and blown totally out of proportion, is frankly more a reflection of John McCain's innate humility than anything else.

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    • Author by BillJ-MN (April 07, 2008 2:33 pm ET)
         
      How much economic knowledge should we expect from McCain?  He graduated in the bottom 1% of his class at Annapolis.
      Report Abuse
    • Author by tommy (April 07, 2008 2:36 pm ET)
         
      To me, this is not as much about misinformation from a member of the media, as it is a refreshing example from a politician who doesn't claim to have all the answers, and be an expert on everything.
      Report Abuse
      • Author by rtwmd1230 (April 07, 2008 2:46 pm ET)
           
        The media says "one time," and the truth is "many times," and you don't regard that as disinformation?

        And, not that this is relevant, anyone who takes on Carly "Let Me List the Companies I've Destroyed" Fiorino as an economic advisor needs to have their head examined.
        Report Abuse
        • Author by tommy (April 07, 2008 2:51 pm ET)
             
          If he's said it many times, then that means his humility on the subject is genuine, not a gaffe or a misstep by a candidate who stuck his foot in his mouth and is just faking it.
          Report Abuse
          • Author by rtwmd1230 (April 07, 2008 2:54 pm ET)
               
            Again, the issue is not what McCain has said, but how is the media reporting it. The reporting was wrong, and biased in McCain's favor.
            Report Abuse
          • Author by Governor (April 07, 2008 2:55 pm ET)
               
            Regardless, it's misinformation from a member of the media.
            Report Abuse
            • Author by tommy (April 07, 2008 3:01 pm ET)
                 
              Whatever you say........
              Report Abuse
              • Author by dbeden4153 (April 07, 2008 3:04 pm ET)
                   

                Tommy, I think we all agree that McCain has said it more than once.  It's subjective if that shows character or not.  But what's being highlighted here is neither of those issues.  It's the fact that he has said it many times, but Brzezinski and the McCain adviser said he only said it once.  Maybe they're trying to play it off as a mis-statement?  I don't know, but they are wrong in saying that.

                Report Abuse
                • Author by jeter2 (April 07, 2008 3:52 pm ET)
                     

                  Maybe they didn't know. Would that surprise you? Not me.

                  I've found myself on more than one occasion yelling info to the dimwits on TV. Info, they should know.

                  Report Abuse
                  • Author by dbeden4153 (April 07, 2008 3:54 pm ET)
                       
                    Brzenzki? no.  Fiorina? If she doesn't know, then that is appalling.  She is, after all, an adviser to McCain on the economy.
                    Report Abuse
                    • Author by jeter2 (April 07, 2008 4:01 pm ET)
                         

                      Yeah you'd figure one of his advisors would know, but it still wouldn't surprise me if they didn't. They are pumped with certain talking points & no matter what they are asked they usually just fire them off.

                      Another thought, maybe she did know, but since Mika didn't, she wasn't about to correct her by saying 'Oh he's said that several times'

                      Report Abuse
                      • Author by dbeden4153 (April 07, 2008 4:07 pm ET)
                           
                        well I think that would qualify as misinformation then, no?
                        Report Abuse
                        • Author by jeter2 (April 07, 2008 4:12 pm ET)
                             

                          The second option? Sure. I've no problem with that.

                          But if either didn't know then I'd say it was just ignorance.

                          Report Abuse
                          • Author by dbeden4153 (April 07, 2008 4:16 pm ET)
                               
                            well the second option hangs on the pre-condition that Mika didn't know...
                            Report Abuse
              • Author by Governor (April 07, 2008 3:05 pm ET)
                   
                I'm very well-versed in economics.
                Report Abuse
                • Author by tommy (April 07, 2008 3:11 pm ET)
                     
                  Good for you Governor....
                  Report Abuse
                  • Author by Governor (April 07, 2008 3:16 pm ET)
                       
                    But I only said that because I want to be President, I'm really just a "refreshing" Marverick" who gets good press with the help of "reporters" who act more like "cheerleaders".
                    Report Abuse
                    • Author by tommy (April 07, 2008 3:22 pm ET)
                         

                      It's all perspective Governor, if you think McCain gets anymore of a pass than the other candidate, simply because of the misinformation posted here, you need to get out more. 

                      After all, and I repeat what many say here so often - this is a conservative misinformation site ONLY!

                      Report Abuse
                      • Author by Governor (April 07, 2008 3:29 pm ET)
                           
                        Well, if you think you can attribute assertions to me by prefacing them with the word "if" and then use those assertions to mock me, then perhaps you could go fcuk off.
                        Report Abuse
                        • Author by tommy (April 07, 2008 3:47 pm ET)
                             
                          Governor, You impress me with your nasty word choices, even though you can't spell it correctly.  Would you care to try again?
                          Report Abuse
                        • Author by Sueelldd (April 07, 2008 3:50 pm ET)
                             
                          That type of filthy language is just not necessary Governor, is it?
                          Report Abuse
                          • Author by Governor (April 07, 2008 4:22 pm ET)
                               
                            Well, if Tommy really does want to win that swimsuit competition, FCUK is where he should go, IMHO.
                            Report Abuse
                          • Author by roundhouse (April 08, 2008 9:00 am ET)
                               
                            No need to be a hypocrite is there, sue? You used the exact same language to tell Ann Coulter about herself on another thread.
                            Report Abuse
              • Author by rtwmd1230 (April 07, 2008 3:07 pm ET)
                   
                Seriously, Tommy, as someone who has read and appreciated many of your postings, that is not an appropriate comment. You have attempted to deflect the discussion from the media coverage of McCain's remarks (consistent with MMFA's mission statement) to the content of McCain's remarks, which is really not relevent. Many of us have lost much respect for you by your continuing drive to take the discussion off-subject.
                Report Abuse
                • Author by tommy (April 07, 2008 3:12 pm ET)
                     
                  I guess I won't win this years Miss Popularity then.
                  Report Abuse
                  • Author by anotheramerican (April 07, 2008 3:26 pm ET)
                       
                    You also don't stack up too well in the bathing suit competition...
                    Report Abuse
                    • Author by rtwmd1230 (April 07, 2008 3:41 pm ET)
                         
                      But you're a Soc/Anthro major at USC, you love animals, and you want world peace . . .
                      Report Abuse
                  • Author by worrierking (April 07, 2008 4:06 pm ET)
                       
                    You must be heartbroken knowing that for the third year in a row that you didn't win.

                    There's always next year, Tommy.
                    Report Abuse
          • Author by NiceguyEddie (April 08, 2008 9:33 am ET)
               

            So he admits he doesn't understand the economy...

            And he has embraced (and promises to contiinue) the most disastrous foreign policy in American History.

             So WHY the HELL would I vote for a REPUBLICAN who's weak of the economy AND foreign policy?

            Those are the two tops issues on the voter's minds (not to mention the two things the 'Pubs CLAIM to do best) and he's weal on BOTH OF THEM!

            Great guy y'all propped up there.  Way to go.  GOOD LUCK IN NOVEMBER! (You're gonna need it!)

            Report Abuse
      • Author by BillJ-MN (April 07, 2008 2:50 pm ET)
           

        It might be refreshing, but I'd prefer that my president have some strong knowledge of economics.  I like the idea of hiring knowledgeable advisors, but "the decider" should know enough to be able to intelligently evaluate the advice he/she's given.

        Beyond that, with McCain we're seeing that he has a poor grasp of what's happening in Iraq, which is supposed to be his area of strength.  The more I see of him, the less impressed I am with his intelligence or knowledge.

        Report Abuse
        • Author by tommy (April 07, 2008 2:52 pm ET)
             
          And you have every right to judge him based on exactly what he says he knows.
          Report Abuse
          • Author by BillJ-MN (April 07, 2008 3:07 pm ET)
               

            While I'll be forever grateful for that permission, I'd intended my comment to be more of a counterpoint.  It appears to me that your admiration for McCain's candor comes off as faint praise against the negative of his admitted ignorance.

            Admitting one's limitations is admirable, but I'd like to think we choose our president on the basis of not only philosophy, but genuine strengths.

            Report Abuse
            • Author by tommy (April 07, 2008 3:11 pm ET)
                 
              We all choose for many reasons, a big one for me is candor, honesty, and truthfulness.  A slick panderer doesn't warrant my vote, from any party.
              Report Abuse
              • Author by dbeden4153 (April 07, 2008 3:16 pm ET)
                   
                Then John McCain is certainly not your candidate.

                Of course, I don't know of any politician in the 20th century that wasn't a slick panderer.
                Report Abuse
                • Author by BillJ-MN (April 07, 2008 3:29 pm ET)
                     

                  I don't know of any politician in the 20th century that wasn't a slick panderer ...

                  or couldn't be portrayed as one by the competition.

                  Report Abuse
                • Author by thomp.steve9098 (April 07, 2008 3:30 pm ET)
                     
                  Nader doesn't pander
                  Report Abuse
                  • Author by dbeden4153 (April 07, 2008 3:35 pm ET)
                       
                    Nader also has no chance of winning, and therefore takes votes from the Democratic Party only at the expense of the Democratic Party.
                    Report Abuse
                    • Author by thomp.steve9098 (April 07, 2008 3:40 pm ET)
                         

                      We need more Naders and third party types running for office. The two-party domination hasn't been yielding commendable results lately

                      Report Abuse
                      • Author by dbeden4153 (April 07, 2008 3:45 pm ET)
                           
                        I agree on that.  But the two parties have such a stranglehold on the financial in-roads that unless we dissolve both parties, we're basically stuck with them.
                        Report Abuse
                  • Author by jawill11 (April 07, 2008 3:56 pm ET)
                       
                    Nader certainly panders to his own ego.
                    Report Abuse
                    • Author by thomp.steve9098 (April 07, 2008 4:11 pm ET)
                         
                      that's certainly something he has in common with the rest of them
                      Report Abuse
              • Author by BillJ-MN (April 07, 2008 3:40 pm ET)
                   

                We all choose for many reasons, a big one for me is candor, honesty, and truthfulness.  A slick panderer doesn't warrant my vote, from any party.

                I can't recall an election yet in which the options could be whittled down to those two.

                Report Abuse
                • Author by tommy (April 07, 2008 3:49 pm ET)
                     
                  You're probably right, I can't either.  Many times is the lesser of two evils.
                  Report Abuse
    • Author by Governor (April 07, 2008 2:51 pm ET)
         

      "I'm going to be honest: I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated."
      November 2007

      "I'm very well-versed in economics."
      January 2008

       

      Looks like somebody got what they wanted for Christmas.

      Report Abuse
    • Author by notanotherconservative2254 (April 07, 2008 3:05 pm ET)
         

      As an Obama supporter I'm going to to agree - McCain probably does not know that much about economics.  Of course, Obama has had plenty of great advice on economics from Hugo Chavez, Rev. Wright, Jane Fonda.

      The choice is so clear - Go Obama!

      Report Abuse
      • Author by dbeden4153 (April 07, 2008 3:10 pm ET)
           
        Hey, you remembered your punch-line this time.  Good for you.
        Report Abuse
        • Author by notanotherconservative2254 (April 07, 2008 3:12 pm ET)
             

          Once in a while I have to make changes - After all, I don't want this to get stale or formulaic.

           

          Report Abuse
          • Author by dbeden4153 (April 07, 2008 3:15 pm ET)
               
            Too late.
            Report Abuse
          • Author by thomp.steve9098 (April 07, 2008 3:16 pm ET)
               
            NAC, I've said it before but I've gotta hand it to you.  Even though you're an Obama supporter, you continue to remain entirely objective in your analyses. Kudos to you. A lot of other Obama supporters are so blinded by their idolatry that they are easily diverted from the cold, hard facts. Not you though!
            Report Abuse
            • Author by BillJ-MN (April 07, 2008 3:34 pm ET)
                 
              Thomp.Steve, I'm asking this out of nothing but curiosity.  Do you actually believe that NAC is an Obama supporter?
              Report Abuse
              • Author by thomp.steve9098 (April 07, 2008 3:38 pm ET)
                   
                Just what are you trying to imply? It's refreshing that NAC can give credit to the Maverick where credit is due, and criticize Obama's many faults while still remaining an avowed supporter of the latter.
                Report Abuse
                • Author by BillJ-MN (April 07, 2008 3:45 pm ET)
                     

                  I'm implying nothing.  I'm stating outright that NAC is a bald-faced liar when he describes himself as an Obama supporter.  He's never once, that I recall, made a single statement about Obama that put him in a favorable light.  Every time he uses the "Obama supporter" preface we all know that a backhanded slap of Obama is imminent.  He as much as admitted that it's a shtick in his second post of this thread.

                  There are genuine Obama supporters who are willing to address his flaws with an open mind.  NAC is not one of them.

                  Report Abuse
                • Author by dbeden4153 (April 07, 2008 3:47 pm ET)
                     
                  Steve, I don't know if you've noticed, but Obama doesn't get his economic advice from Hugo Chavez, his pastor, or Jane Fonda.  NAC is not an Obama supporter.
                  Report Abuse
                  • Author by Col. Harlan Sanders (April 07, 2008 10:27 pm ET)
                       

                    thomp.steve9098 , don't feel bad, happens to everybody. You think "there's no way this can be too subtle", and it turns out it is.Keep in mind, one man's facetious out-there post is another's dead-straight comment.

                    ;0)

                    Report Abuse
    • Author by dexteritas0071418 (April 07, 2008 3:26 pm ET)
         
      Good post, MMfA. We should go with the candidate that used to work for the Fed during a time in the past where we were teetering toward recession and we were pulled back into great prosperity. You know, the one with the Econ PhD.
      Report Abuse
    • Author by eweston8542983 (April 07, 2008 4:06 pm ET)
         
      There's much to be said for a politician who can induce a near coma state by talking to you. A PHD in econ gives you a step up here.
      Report Abuse
    • Author by thomp.steve9098 (April 07, 2008 4:40 pm ET)
         
      Investigative reporter Matt (the Hat) Drudge has a link on his website declaring that the preeminent economist, Alan Greenspan,  an individual who is well-esteemed by experts on both sides of the aisle, is supporting the Maverick
      Report Abuse
      • Author by dbeden4153 (April 07, 2008 4:49 pm ET)
           

        "Investigative reporter Matt (the Hat) Drudge has a link on his website declaring that the preeminent economist, Alan Greenspan,  an individual who is well-esteemed by experts on both sides of the aisle, is supporting the Maverick"

        Did you know Alan Greenspan saw his primary job function as to keep down wage inflation?  That his policies of lowering interest rates at the drop of a hat is partly to blame for our economic downturn? 

        Report Abuse
        • Author by thomp.steve9098 (April 07, 2008 4:53 pm ET)
             
          He essentially presided over the economy for 30 years. How do you think he did overall?
          Report Abuse
          • Author by dbeden4153 (April 07, 2008 4:54 pm ET)
               
            In the short term? great...In the long term however, I guess we'll just have to see.
            Report Abuse
            • Author by mary59 (April 08, 2008 8:30 am ET)
                 
              Greenspan is a libertarian. He told Congress to go ahead with tax cuts for the rich, deepening the recession in 2001. It has been clear that the "genius" of the 1990s was not really. He doesn't understand the economy; is driven by ideology; has no clue that the Reagan/Bush years of astronomical debt and wage stagnation are finally coming due.
              Report Abuse
      • Author by friedbergboy1422 (April 07, 2008 6:11 pm ET)
           

        The "Maverick?"  I am assuming your tongue is firmly placed in your cheek, eh Thomp?

        Thomp, NAC is no Obama supporter, read his posts.  I assume you think of John Kerry as a maverick too, right?

        Report Abuse
    • Author by mary59 (April 08, 2008 8:33 am ET)
         
      Just who is McCain shaking hands with here and who are the people in the background? The caption below says "the Polygamist Compound in Texas."

      Ya gotta love these cable channels with their continual news crawls....
      Report Abuse
    • Author by bunnygit (April 08, 2008 9:04 am ET)
         

      " Did you know Alan Greenspan saw his primary job function as to keep down wage inflation?  That his policies of lowering interest rates at the drop of a hat is partly to blame for our economic downturn? "

      ------------------------------------------------------------------------------------

      It seems strange that someone who thinks keeping wage inflation down is his primary job function would use a policy of lowering interest rates . In my country the opposite policy has been used ( higher interest rates ) to control inflation .

       

       

      Report Abuse
    • Author by hm1342 (April 08, 2008 9:09 pm ET)
         
      At least McCain admits he's not fluent in economic matters.  There are many on both sides of the aisle in Congress, the Federal Reserve, Wall Street and current and past administrations who are similarly clueless.  What pick on just McCain?  Certainly there are more "qualified" clueless people we can savage...
      Report Abuse

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