Tuesday, September 16, 2008

It's the economy, stupid!

I would have been surprised to hear McCain's comments about a strong economy, but he has made similar remarks at least a dozen times since January.

That's why yesterday, when in Florida, he said "the economy is fundamentally strong", my only worry was that the American public would be suckers for a promise from the same party that got us in this mess in the first place.

Actually, it's not the Republicans who got us here from what they did, it's what they DIDN'T do.

While I do not understand the economy's nuances and twists, I think I get the basics: De-regulation leads to corporate greed, no oversight means no one plays by the rules, and shipping American jobs overseas is not a good way to boost the "fundamentals" of the economy (which is what McCain "clarified" yesterday-- that the American worker is the base of our economy).

Actually, consumer spending-- not work ethic-- accounts for a great deal of our economic growth, 2/3 of our growth from what I've read.

So, if people aren't spending, our economy dies. How can people spend if their banks, their stocks, their homes, their loans, their jobs, and their credit cards are sinking and failing? The short answer: they can't, and that's why it's all about the economy, stupid!

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