Holtz-Eakin: McCain’s admitted lack of econ knowledge is ‘a small joke.’

In December 2007, Sen. John McCain (R-AZ) admitted to an audience in New Hampshire that “the issue of economics is not something I’ve understood as well as I should.” Trying to explain away McCain’s comment, Douglas Holtz-Eakin, McCain’s senior economic adviser, claimed to ABC News that McCain was merely joking. “He has this wonderful self-deprecating sense of humor and out of his months comes things sometimes like ‘yeah, I’m not that good on the economy’ in an effort to make a small joke,” said Holtz-Eakin. Unfortunately, for Holtz-Eakin, McCain has admitted his lack of econ knowledge on multiple occasions throughout the years.