“The fundamentals of our economy are strong.” – Jon McCain, September 2008
“He doesn’t get what’s happening between the mountain in Sedona where he lives and the corridors of Washington where he works…. Why else would he say, today, of all days — just a few hours ago — that the fundamentals of the economy are still strong? Senator — what economy are you talking about?” – Barack Obama, September 2008
If nothing is done, this recession could linger for years. The unemployment rate could reach double digits. Our economy could fall $1 trillion short of its full capacity, which translates into more than $12,000 in lost income for a family of four. We could lose a generation of potential and promise, as more young Americans are forced to forgo dreams of college or the chance to train for the jobs of the future. – Barack Obama, Janaury 2009
“The federal government is the only entity left with the resources to jolt our economy back into life. It is only government that can break the vicious cycle where lost jobs lead to people spending less money which leads to even more layoffs.” – Barack Obama, February 2009
“If we are keeping focused on all the fundamentally sound aspects of our economy, all the outstanding companies, workers, all the innovation and dynamism in this economy, then we’re going to get through this,” Obama said, March 2009.
Whatever.
March 15, 2009 at 3:03 pm
And this week one of Obama’s advisors said that the fundamentals of the economy are strong in a Meet the Press interview. Not a cinflicting message at all.