But associates say the senator still dials up former Senator Phil Gramm of Texas, who forfeited his title of campaign co-chairman after a controversy over his remarks that the United States is “a nation of whiners” and is merely in “a mental recession.”Let's take a walk through memory lane:
Current and former advisers say they still consider Mr. Gramm, now UBS investment bank vice chairman, a top prospect for treasury secretary in a McCain administration.
Phil Gramm recently said that America is a “nation of whiners” going through a “mental recession.”
"‘You've heard of mental depression; this is a mental recession,’ he said, noting that growth has held up at about 1 percent despite all the publicity over losing jobs to India, China, illegal immigration, housing and credit problems and record oil prices... ‘We have sort of become a nation of whiners,’ he said.”John McCain thinks the challenges facing our families are “psychological" - gee that sounds an awful lot like Phil Gramm. At a town hall in Florida McCain said of economic challenges facing American families “A lot of this is psychological. A lot of it’s psychological. Because I believe the fundamentals of our economy is still strong.”
More evidence of Gramm's influence - McCain thinks Americans are “better off” economically than they were eight years ago. At a January 30th CNN debate during the Republican primary John McCain was asked if he thought "Are Americans better off than they were eight years ago?" He responded:
"I think you could argue that Americans overall are better off, because we have had a pretty good prosperous time, with low unemployment and low inflation and a lot of good things have happened. A lot of jobs have been created… I think we are better off overall if you look at the entire eight-year period, when you look at the millions of jobs that have been created, the improvement in the economy, et cetera.”




