"The fundamentals of our economy are strong". These are the words John S. McCain and Sarah Palin are using to describe the state of the U.S. economy during the week of September 15, 2008. Okay, let me repeat, they are saying there is great strength in our economic fundamentals… the fundamentals…these two candidates are FOR THE MENTALS. Meaning you have to be totally Mental to trust these two with the economic future of this country. Here is why I do not trust them:
- It's just flat out wrong - We are experiencing one of the most economically unstable periods in the history of this country. Over a trillion dollars of wealth has been lost in the last 3 days with the fall of some of our country's giant financial firms. There are record home foreclosures, meaning people all over the country have lost or are losing their homes. We are experiencing record unemployment rates, meaning many have lost their jobs, and others aren't secure in their current jobs. We have spent $554,949,087,090 during 5 years in Iraq, and will continue to spend millions on a daily basis.
- Some words you just don't use – I'll admit, I am by no means a national or global economy guru, but I like to believe I have common sense, some street smarts if I may. I've balanced a checkbook or two in my time. So even if there is something positive about our economy that is way too complicated for my non-economical brain to comprehend, my street smarts are telling me not to use the word "strong" anywhere near the economy during the week of September 15, 2008. Again, real estate disaster, lost jobs, stock market plummeting, and the government bailing out financial giants... something about that just doesn't seem "strong". So the mere lack of common sense is another reason I don't trust McPal.
- The explanation doesn't make sense – Why would they say this? McPal will tell you their words mean that the American workers and their innovation are the strong fundamentals. Last time I checked, you don't use "fundamentals" when describing a person. You may want to use "fundamentalist", but not "fundamentals". Also, the American worker is not feeling very strong right now, because of record outsourcing of jobs and record unemployment rates.
I don't know, maybe McPal are seeing something that the rest of the nation is not seeing. Or perhaps they do believe that AIG, Fannie Mae, Freddie Mac, and the American workers are going through a MENTAL recession, as their top economic advisor Phil Graham suggested. Either way, don't mind me, I'm just "whining".
1 comment:
YES. I think this feeds into the idea that conservatives usually prefer for the government to not be as involved in the economy, yet look at the way it's having to bail out these huge companies right now. As mentioned in my own blog I find it fun to watch how one day they're interventionists and the next they're non-interventionists depending on what today's need is.
Post a Comment