Monday, September 15, 2008

John McCain Still Insisting The Economy is Fundamentally Sound

Boy, John McCain wasn't kidding when he said:

The issue of economics is not something I've understood as well as I should.

Today, in the wake of the bankruptcy of Lehman and the forced sale of Merrill Lynch, here's what John McCain had to say.

Well, sure. If you ignore today's Wall Street meltdown, the $7.7 trillion in national debt, the $10 or so billion we're spending in Iraq every month, and the recent taxpayer-funded bailout of Freddie Mac and Fannie Mae, things are going great.

Once again, John McCain just doesn't get it. But the Obama campaign does:

"Today of all days, John McCain's stubborn insistence that the 'fundamentals of the economy are strong' shows that he is disturbingly out of touch with what's going in the lives of ordinary Americans. Even as his own ads try to convince him that the economy is in crisis, apparently his 26 years in Washington have left him incapable of understanding that the policies he supports have created an historic economic crisis," said Obama campaign spokesman Bill Burton.

1 comment:

Anonymous said...

This country is going to hell in dixie cup if we let these fooligans in office