Posted by
Jay R on Monday, September 22, 2008 9:28:35 AM
September 22, 2008
John McCain only referred to the FUNDAMENTALS of the economy being good. You would have to be an old time stock picker like me or have knowledge of the economy or Wall Street to realize that McCain was only referring to the underpinnings of the economy such as unemployment, interest rates, GNP, consumer sentiment and other typical data that we see from time to time on our local news. Look at these figures as of the date McCain made a statement that the public did not understand because they are not versatile enough in prior economics1 education, the media too failed to investigate semantics and the Democrats thought was a big pound of fish and you will understand that the fundamentals are good. Of course there is a housing crisis, a credit crunch and layoffs, American people suffering and a troubled economy. So why is John McCain being drawn and quartered for something he never referred to and a statement that was true. McCain was too highbrow by separating the mitigating features of the total economic picture, not realizing that he was addressing an audience needing improved education, something the Obama campaign is banking on.
Jay R