Interesting argument and mostly true, but wasn’t it McCain’s party that was responsible for most of that spending?
John McCain blamed overspending by the federal government in part for the nation’s economic troubles as South Carolina voters Friday received the sobering news that the state unemployment rate had hit 6.6 percent, the largest one-month increase in nearly 20 years.
“As a Republican, I stand before you embarrassed. Embarrassed that we let that spending get out of control,” the presidential candidate told voters on the eve of the state’s GOP primary.
“The economy is not good. The stock market continues down. And the indicators are not good. I’m not too astonished. … We let spending get totally out of control, and it continues today, and I’m sorry to tell you this,” McCain said at a town-hall style meeting at the Carolina Hospital East Campus in Florence.
Perhaps the GOP’s open trade policies, rising spending on the Iraq war and record-level pork projects were the biggest contributor to this. Ironically McCain is making this argument and yet he is one of the most unrespected candidates by the conservative wing of the GOP.