Fun Fact About McCain #6: Deregulation


By Joe Campbell
September 24th, 2008

McCain has been an impassioned deregulator, and thus bears responsibility for the banking crisis we are in now.

Not exactly. While McCain has always voted in favor of deregulation, he has never been impassioned about the economy until the market tanked. As one prudent individual said, “I certainly don’t fault Sen. John McCain for these problems. I do fault the economic philosophy he subscribes to.”