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Toward a New Washington Consensus 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 not comprehend how economics impacts international affairs. Behold McCain at a recent town meeting.

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Toward a New Washington Consensus

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 not comprehend how economics impacts international affairs.

Behold McCain at a recent town meeting.