Tuesday, September 16, 2008

What economy is McCain referring to?

I caught an interview with John McCain this morning on the Today show.  Prior to that interview, they showed a sound bite from Monday where he referred to the economy as being "solid."  Huh?

Just yesterday, the stock market dropped 504 points -- the largest fall in recent history.  Lehman Brothers filed for Chapter 11 bankruptcy.  AIG might do the same.  There are a record number of foreclosures, potential foreclosures and personal bankruptcies looming in the wings.  Unemployment is at the highest level in years.  

But John McCain says the economy is solid.

Oil prices, which drive the price of just about everything we touch, eat, drink, wear or use, have increased the point where some small businesses have to shut their doors.  

But John McCain thinks there's no problem with the economy.

I work in the senior housing industry.  Every day I hear about seniors who could very well be your parents and my parents having to choose medicine, food or heat because they just can't afford to live they way they deserve.

Don't worrry - John McCain thinks the economy is fine.

He must be living in some parallel universe. 

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