McCain Demonstrates Economic Ignorance (Update with Biden Remarks)
Sep 15, 02:40 PM CST
Today, John McCain asserted that “the fundamentals of our economy are strong.”
Lehman Brothers goes bankrupt. Merrill Lynch is forced to sell itself to Bank of America. And taxpayers have to bail out Bear Stearns, Fannie Mae and Freddie Mac.
We’re $7.7 trillion in debt. 16% of our GDP goes to healthcare. The US has lost jobs for 8 straight months. We’re also spending $10 billion per month in Iraq.
These are not symptoms of a strong economy.
At least Senator Obama gets it:
You can learn more about Barack Obama’s economic policies here.
(hat tip to Daily Kos)
UPDATE:
This is worth watching from Senator Biden:
– by vanhorn | Send this to a friend
