McCain’s ‘Econ Brain’: America Has ‘Become A Nation Of Whiners’ And Is 
Just In A ‘Mental Recession’

Think Progress
Thursday, July 10, 2008

http://www.prisonplanet.com/mccain%E2%80%99s-%E2%80%98econ-brain%E2%80%99-america-has-%E2%80%98become-a-nation-of-whiners%E2%80%99-and-is-just-in-a-%E2%80%98mental-recession%E2%80%99.html

In an interview with the Washington Times today, former senator Phil 
Gramm, who is Sen. John McCain’s (R-AZ) “econ brain,” blamed the state 
of the economy on “the conviction of many Americans that economic 
conditions are the worst in two or three decades.” “You’ve heard of 
mental depression; this is a mental recession,” said Gramm.

Gramm decried the “constant whining” of the American people when it 
comes to the economy because he believes “we’ve never been more dominant”:

     “We have sort of become a nation of whiners,” he said. “You just 
hear this constant whining, complaining about a loss of competitiveness, 
America in decline” despite a major export boom that is the primary 
reason that growth continues in the economy, he said.

     “We’ve never been more dominant; we’ve never had more natural 
advantages than we have today,” he said. “We have benefited greatly” 
from the globalization of the economy in the last 30 years.

Despite McCain’s recent claim that we are in a recession, he has 
previously echoed Gramm’s diagnosis of the economy. In April, McCain 
said that “a lot of our problems today, as you know, are psychological.” 
Watch it:

At the same time he was blaming the state of the economy on the economic 
anxiety of the American people, Gramm also blamed the media. “Thank God 
the economy is not as bad as you read in the newspaper every day,” said 
Gramm.

Blaming the economy on the media is a common McCain campaign strategy. 
In June, McCain econ adviser Kevin Hassett claimed that the press wants 
to “convince everyone that the economy is in recession” in order to hurt 
McCain. Informal McCain adviser Karl Rove argued in February that the 
economy “stinks” because of the media.
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