Obama Ad Plays on McCain’s ‘Fundamentals’ Comment

Nick Timiraos reports from Denver on the presidential race. Barack Obama kept up his criticism of a remark John McCain made Monday about the economy’s underlying strength. Today, the Democratic candidate rolled out a new ad that seeks to paint his Republican opponent as out of touch with most Americans as they face turbulent economic times. McCain reacted to the financial crisis Monday with remarks that began, “you know that there’s been tremendous turmoil in our financial markets in Wall Street and … people are frightened by these events. Our economy, I think, still, the fundamentals of our economy are strong but these are very, very difficult times.” The ad begins by flashing a series of headlines on the screen: “September 15, 2008, Lehman Brothers Collapses,” “Markets In Turmoil,” “Job Losses at 605,000 for the Year,” and “Foreclosures at 9,800 a Day.” The advertisement then cuts to McCain’s remarks: “Our economy, I think, still, the fundamentals are strong.” The ad ... (link)