Refining

TPM:

When John McCain changes his position on relief for homeowners after two weeks, it's called 'refining' his plan.

Late Update: The Times does a bit better: "McCain Reverses Himself on Mortgage Position" Was that so hard?

Not flip flopping.


TPM:

...

So I'm trying to make sense of McCain's "refined" plan. Two weeks ago, he wondered aloud how "4 million mortgages [could] cause this much trouble for us all," and suggested that if those borrowers just took fewer vacations and managed their budgets more effectively, they wouldn't be in trouble. Today, he promised to help "every deserving American family or homeowner." So how many American families are deserving? McCain's top economic policy adviser, Douglas Holtz-Eakin, places the number between 200,000 and 400,000 households; just those families "who really need help."

Great. So to be clear, McCain thinks that millions of Americans are going to lose their homes, and all but a few hundred thousand are just getting what they deserve.

...