Friday, October 31, 2008

"Maybe he leaned ( sic ) his lesson. "

Paul Krugman considers Douglas Holtz-Eakin:

"
Alas, Doug Holtz-Eakin

OK, so John McCain’s chief economic spokesman, who I thought did a good job at the CBO, issued a statement on the GDP report:"

Read the post.

Here's my comment. I could learn to spell:

I though that Holtz-Eakin did a good job at CBO, so I’m puzzled by his recent analysis. But consider this:

Wednesday, October 8, 2008
Douglas Holtz-Eakin Tells The Truth
Well, at least he’s honest:

http://www.nytimes.com/2008/10/09/us/politics/09mortgag e.html?adxnnl=1&adxnnlx=1225490676-ECnJ9XGb5Agk1nXV0kOL Pg

“WASHINGTON — The homeowner assistance plan that Senator John McCain announced without detail in the presidential debate Tuesday night would allow millions of financially stretched Americans to refinance their mortgages with government help, but it would leave taxpayers to cover the losses, rather than the financial institutions that hold the original mortgages.

Mr. McCain said in the debate that the program would be expensive, and on Wednesday his chief economic adviser, Douglas Holtz-Eakin, acknowledged that the liability would be borne directly by taxpayers.”

It seems like an awful plan, but Holtz-Eakin stands up for it.

Maybe he leaned his lesson.

— Posted by Don the libertarian Democrat

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