Submit a Story!
McCain: ‘I Still Believe The Fundamentals Of The Economy Are Strong’
McCain: ‘I Still Believe The Fundamentals Of The Economy Are Strong’
On her radio show today, conservative talker Laura Ingraham asked Sen. John McCain (R-AZ) what he believed should be done to address the struggling U.S. economy. Ingraham listed several economic indicators that have declined in recent years to make her point. McCain dismissed the premise of Ingraham’s question, saying, “I still believe the fundamentals of our economy are ...
Comments
Blog Reactions

McCain Still In Denial On The Economy
Oliver Willis — Says the fundamentals are strong even as America slogs through the Bush-induced malaise…

The economy sucks, stupid!
The Reaction — ... today on Ingraham's radio show: I still believe the fundamentals of our economy are strong. We've got terribly big challenges now, whether it be housing or employment or so many of the other — health care. It's very, very tough times. It's very tough. But we're still the most innovative, the most productive, the greatest exporter, the greatest importer. But what fundamentals? As Think Progress notes: Inflation is rising; Real ...

Out-of-Touch Twins: Hulshof and McCain Both Think Economy is Strong
Fired Up! Missouri — How's this for GOP message discipline? Both John McCain and  Kenny Hulshof think the economy is doing well. Maybe from their perch.  McCain has at least seven houses (note: staff recount still not official) and millions of dollars in annual income. Hulshof has an 800 bottle wine collection. Good thing Jay Nixon gets it.  Here is what he had to say today at an economic summit: "Let's face it, our economy is moving in the wrong direction." Straight talk ...

(McCain's Home State - AZ) Foreclosures hit SW Valley hard
Democratic Underground Latest Breaking News — ... in home foreclosures - 665 percent and 563 percent, respectively."In Goodyear, 60 to 70 percent of homes are bank-owned," Marthaler said. "I also know that, based on statistics from Coldwell Banker, close to 75 percent of the homes we sold last month - and we had a good month - were bank-owned properties. Sales are up, sure, but prices are way down." Read more: http://www.azcentral.com/community/gilbert/articles/200... Why is McCain so out of touch with his home state? McCain: ‘I Still Believe The Fundamentals Of The Economy Are Strong’

Job one
Political Animal — ... Palin aside, he simply doesn't sound like he understands what's really going on out in the outside world, and when he's forced to talk about it he has nothing to say. Republican orthodoxy forbids any serious response -- forbids, in fact, even the possibility of an effective response other than yet another round of tax cuts -- so it's best to mutter a few bromides and move on. And that's what he does. It doesn't help that McCain recently described the fundamentals of our economy as " strong ," and argued that we've seen " ...

Weisman Gets on the Tire Swing
Matthew Yglesias — ... Here’s John McCain on August 20 talking to Laura Ingraham: “I still believe the fundamentals of our economy are strong.” ...

Greenspan’s “once-in-a century” financial crisis counters McCain’s economic hallucinations
pandagon.net - we are the public option — by Pam Spaulding “I still believe the fundamentals of our economy are strong. We’ve got terribly big challenges now, whether it be housing or employment or so many of the other — health care. It’s very, very tough times. It’s very tough. But we’re still the most innovative, the most productive, the greatest exporter, the greatest importer.” -- John McCain, on the Laura Ingraham program (8/21/2008) How long can McCain keep up this fantasy that a few tax cuts will get us out of this ...

McCain Still Thinks The Economy Is “Fundamentally Strong”
Firedoglake — ... Just three weeks ago, John McSame said: I still believe the fundamentals of our economy are strong. Oh well. UPDATE eCHAN and Attaturk point out that it's actually ...

Final Verdict on the Modern Republican Economy
BlueOregon — ... I think we are better off overall if you look at the entire eight-year period, when you look at the millions of jobs that have been created, the improvement in the economy, et cetera. - January 2008 [George Bush] should be judged very, very well as far as the economy is concerned. We’re in a long sustained period of economic growth. - March 2007 I still believe the fundamentals of our economy are strong. - August 2008 Against that background of consistent support for the Bush ...

Cheers and Jeers: 2008 Flashback, Pt. 3
Daily Kos — ... Flashback to August 20, when John McCain raised eyebrows by asserting that "The fundamentals of our economy are strong." When he ...

Related Content
The Corner on National Review Online
corner.nationalreview.com 8/20/2008 — Wednesday, August 20, 2008 Wow [ Rich Lowry ] From McCain campaign: Please see comment from me on Barack Obama s new ad supposedly running in Georgia: Barack Obama s ad is ridiculous. Because of John McCain, corruption was exposed and people like ...
NBC/WSJ Poll: McCain halves Obama's lead - Decision '08 - MSNBC.com
msnbc.msn.com 8/20/2008 — 1 Top stories 2 Business 3 Sports | Scores 4 U.S. news 5 World news 6 Politics 7 Tech & science 8 Entertainment 9 Health - Travel - Today show - Local news - See news breaking? 0 MSN home *Top # Bottom MSN ...
Obama Links McCain to Abromoff, McCain Fires Back Linking Obama to Ayers
stoptheaclu.com 8/21/2008 — Obama took the gloves off and threw a sucker punch at McCain today with a new ad. McCain turned around and body slammed Obama! “Barack Obama’s ad is ridiculous. Because of John McCain, corruption was exposed and people like Jack Abramoff went to ...
Obama Opens Door to “Guilt By Association”
amerpundit.com 8/20/2008 — A stupid move, especially for a guy with ties to domestic terrorists, anti-American pastors, and a wife that hasn’t been proud of America in her adult life. Which is going to be more effective? A claim that even TNR admits is unfair, or the ...
McCain unsure how many houses he owns
politico.com 8/21/2008 — "I think — I'll have my staff get to you," he answers. See also: McCain readies for DNC
McCain takes 5-point lead over Obama: Reuters/Zogby pollReuters: Politics 8/20/2008
WASHINGTON (Reuters) - In a sharp turnaround, Republican John McCain has opened a 5-point lead on Democrat Barack Obama in the U.S. presidential race and is seen as a stronger manager of the economy, according to a Reuters/Zogby poll released on ...
McCain Again Questions Obama on IraqFOXNews.com 8/20/2008
LAS CRUCES, N.M. — John McCain is telling voters that he’s not challenging Barack Obama’s patriotism, just the Democrat’s judgment on the war in Iraq. During a town-hall meeting Wednesday in New Mexico, McCain repeated his ...
Obama advisors paint McCain more eager for war than BushCNN Political Ticker 8/20/2008
(CNN) – Top Obama foreign policy advisors Susan Rice and Richard Clarke said Wednesday that John McCain had a tendency to “shoot first and ask questions later” – accusing him of “itching for war” with Iran and Syria, and alleging that he pushed for ...
Obama and McCain dodge questions on VPsReuters: Politics 8/21/2008
MARTINSVILLE, Virginia (Reuters) - Democrat Barack Obama and Republican John McCain dodged questions about their looming vice presidential picks on Wednesday as they renewed their battle over who has the best judgment on national security and the ...
Obama: Virginia is for Obama-lovers?First Read 8/21/2008
Stumping in Virginia, "Obama pledged yesterday to create millions of union jobs in alternative energy and to end tax breaks for companies that move jobs overseas, using tough new populist language to persuade voters that he, not Republican rival John ...