Obama On the Air With "Fundamentals"
| Tue Sep. 16, 2008 7:01 AM PDT
Yesterday morning, amidst financial disaster or near-disaster, John McCain said, "the fundamentals of our economy are strong." Today, the Obama campaign is making him pay.
In response to anyone who thinks they can use statistics and technical definitions to argue the fundamentals of the economy are strong, I would echo a point Paul Krugman made last night on MSNBC (video): Given the state of our banks, our homes, our jobs, and our wages, if we aren't in a recession yet we need to seriously rethink our definition of recession.
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Comments
I agree, Nara.
The pundits that are speaking out for Obama keep repeating that Obama means change and McCain means the same. That may sound good but it doesnt mean a thing to the average voter who is looking for a candidate with solutions to our economic problems.
This morning,on MSNBC the Dem. senator from PA., spoke highly of the change Obama would make for the economy but he couldnt or wouldn't provide any details--the reporter kept trying to get him to give a few examples of what Obama will do to fix the economy and still the Senator kept repeating "change" for Obama and the "same" for McCain.
It was as if Obama doesnt have any solutions or ideas on how to fix the economy. This is a real problem for Obama--he needs to provide details or better talking points for his pundits and do it now.
Since I posted the comment above--I listened to Obama's speech given today in Golden Colorado
I congratulate Obama for a job well done. He did a great and necessary job of stating how he would have prevented the economic crisis we face today and provided an incentive for voting for him November.
Today,McCain is tripping all over himself trying to recover from the bogus statement he made yesterday--the fundamentals of the economy are strong. It is very clear that McCain and Palin are being advised by the same person--both of them make statments on economics that are just plain wrong--making it clear that they both don't have clue what is going on with main street or wall street. The make an interesting team of the blind leading the blind.
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