Friday, June 13, 2008

John McCain, Mr. Economy

To his credit, John McCain did admit that he was "not well versed" on economic issues. However, this seems to be a real bad, and I mean real bad, sign: According to The Hill, the potential first family of John and Cindy McCain reported over $100,000 in credit card debt.
The presidential candidate and his wife Cindy reported piling up debt on a charge card between $10,000 and $15,000. His wife’s solo charge card has between $100,000 and $250,000 in debt to American Express.

McCain's wife also has a second American Express charge card listed on the senator's financial disclosure that was carrying $100,000 to $250,000 in debt.

Another charge card with American Express, this one for a “dependent child,” is carrying debt in the range of $15,000 and $50,000.
Aristotle argued that managing a personal household is one of the most important tasks for a person. If you can't manage a household, then...

Of course, this just reflects the ability of current Republicans to manage the economy.

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