In theory, economists support McCain

By: Alexander Burns and Avi Zenilman
The Politico
July 9, 2008

The endorsement could hardly have been stronger. On Monday, John McCain’s campaign released a statement signed by 300 economists who “enthusiastically support” his “Jobs for America” economic plan, providing a heavyweight testimonial to the presumptive Republican nominee’s “broad and powerful economic agenda.”

There’s just one problem. Upon closer inspection, it seems a good many of those economists don’t actually support the whole of McCain’s economic agenda. And at least one doesn’t even support McCain for president.

In interviews with more than a dozen of the signatories, Politico found that, far from embracing McCain’s economic plan, many were unfamiliar with — or downright opposed to — key details. While most of those contacted by Politico had warm feelings about McCain, many did not want to associate themselves too closely with his campaign and its policy prescriptions.

Howard Beales, an economist at George Washington University, explained that he signed the letter as "an expression of support for [McCain], not necessarily each and every detail of his plan, which I may not have had time to study closely."

Beales said he thought McCain had "a good plan," in general, and that his policy priorities were better than Obama's. In signing the letter, however, he did not intend to give a blanket endorsement to McCain's full agenda.

(Continued here.)