McCain to unveil new economic plans
And on CBS's Face The Nation this Sunday, Sen. Lindsey Graham promised Bob Schieffer that McCain would use the dawn of the week to unveil new economic policies -- more new economic policies.
Last week, McCain said the government ought to purchase distressed mortgages at face value and renegotiate them, although his campaign flubbed the roll-out, McCain flubbed the follow-through (saying the money could come from "new" sources, although that turned out not to be true), and the plan itself, it turned out, could only apply, legally, to a fraction of the bad mortgages out there. On Friday, McCain proposed to allow 70 years to keep their 401(k)s intact for a few more years.
So what would McCain propose?
Nothing.
Why?
Per the New York Times:
"Senator John McCain, his Republican rival, also gave an economic speech in Virginia Beach, Va., but he had no new policy prescriptions, having rejected his advisers' options over the weekend as too gimmicky, according to one Republican close to the campaign."
It's never good to overpromise to Mike Allen on Saturday, back track a little on Sunday, fail to give Lindsey Graham the message, whet everyone's appetites, offer new rhetoric Monday, throw your own campaign under the bus, facilitate your burned surrogates' leaking to the New York Times, and have nothing to put up against your opponents' four new policy proposals.
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