fundamentals

[papalovesmambo]

Posted: 3/16/09 at 11:00am

john mccain, gop candidate - 9/15/2008

"the fundamentals of our economy are strong."

unemployment rate: 6.1%
dow jones industrial average: 10,917.51
reaction: he's out of touch


christina romer - obama admin economic advisor, 3/15/09

"of course the fundamentals are sound in the sense that the american workers are sound, we have a good capital stock, we have good technology."

unemployment rate: 8.1%
dow jones industrial average: 7,223.98
reaction: she's optimistic

what a difference six months makes

Updated On: 3/16/09 at 11:00 AM

[SNAFU]

Posted: 3/16/09 at 1:21pm

My question is: What would you want her to say? The Economy is in the crapper and it is everyone for themselves? What good would that do in the shaky place we are right now? We really do not need scared investors panicking any more then they already are. We don't need a rush to the banks to withdraw funds.
It is time to work and wait to see if the stimulus package will work. We need to try to keep positive.

[KrissySim]

Posted: 3/16/09 at 2:10pm

papalovesmambo wants the American economy to collapse completely. He wants to see the country overtaken by Russians.

[papalovesmambo]

Posted: 3/16/09 at 2:12pm

as opposed to the gloom and doom the administration has been harping on for the last two months in order to scare people enopugh that they would accept stimulus package? just wait until they need the budget to pass, the horror and awfulness of the economy will again be brandished like a cutlass before the soft belly of the american people.

but i do love that with the economy way further in the dumper that the obama administration admits that the comment they used to portray mccain as out of touch was and is accurate.



memories

Updated On: 3/16/09 at 02:12 PM

[papalovesmambo]

Posted: 3/16/09 at 2:20pm

and nothing would have collapsed without these stimulus packages.
so sayeth the cbo