Seven N.C. economists back McCain plan


Seven North Carolina economists have signed onto John McCain's plan.

The Republican presidential candidate released a statement signed by over 300 professional economists in support of his "Jobs for America" economic plan.

The statement notes McCain's pledge to veto bills with earmarks, implement a line-item veto, halt non-military discretionary spending for one year, cut the corporate income tax, phase out the alternative minimum tax and support free trade agreements. It does not mention his proposed gas tax holiday, which many economists derided.

Among the Tar Heels who signed: Barry K. Goodwin and Walter N. Thurman of N.C. State, J. Edward Graham of UNC-Wilmington, Randall Parker of East Carolina University, James F. Smith of UNC-Chapel Hill and Sherry L. Jarrell of Wake Forest University.

John Silvia, an economist with Wachovia, also signed.

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