Tuesday, September 16, 2008

Thougth of the Day: John McCain on the Economy

by Eyck Freymann
You know, many of us here at www.youngsentinel.com have been pretty tough on Senator McCain. We've (rather I've) called him out of touch, incompetent, and dangerous. But I think we have to be fair. Give McCain a shot. He deserves the same opportunity to give his economic positions as Obama.

"The fundamentals of our economy are strong". -John McCain, Yesterday

"It is a bad economy." - John McCain, Today

I see. I really know where you stand. Thanks for the update, John.

6 comments:

Anonymous said...

For the record, [[citation needed]].

Rishubhav said...

Yes, please. What if he meant that while the basic fundamentals of our economy are strong, and that this is a temporary downturn that does not necessitate a total overhaul of our economy and economic principles, at the moment the economy is in a rough stretch?

Note: I have no clue what McCain really meant in those fragments, I'm just giving an example of how they might make sense in context.

Anonymous said...

Quotations out of context are fun with friends, but when they may be misleading...

Examples: "There is no sun!"—sensible in context, entertainingly non sequitur-ish out of it.

This: possibly has some sense in context (no idea for sure), seemingly nonsensical/contradictory out of it.

Anonymous said...

His comment leaves much up to discussion. I think when he said the "fundamentals of the economy are good", I think he meant that capitalism itself which drives the idea of our economy is good. The economy itself is bad.
John McCain 2008

Eyck Freymann said...

http://thepage.time.com/2008/09/16/mccain-wraps-up-florida-swing/

http://www.youtube.com/watch?v=D1wag6M8_aQ

I don't report without a source.

What does he mean? If unemployment is rising, we have hundreds of billions of dollars in deficit, tens of trillions in debt, foreclosures are hitting tens of thousands of families a month, the major financial institutions in our nation (Bear Stearns, Fannie Mae, Lehman Brothers, AIG, Merril Lynch) are going under or falling apart, the dollar is falling, median income is falling, the housing bubble has popped, and we're spending ten billion dollars a month on a terribly run war, I would say that our economy is not strong.

Name a single part of our economy that has improved in the last six months.

___


To True Conservatism: Why does he have to say "capitalism is good". It's completely unnecessary. If Obama gave a speech and said "I believe that Democracy is a good thing," we would make fun of him, and rightly so.

"The sky is blue". Yes. We have eyes, so we can see it.

If that is the most substantive thing McCain has to say on the economy, give him the benefit of the doubt.

Rishubhav said...

Well, what if Obama gave a speech saying that the fundamentals of our political system are strong, and then the next day beomaned the hyper-partisanship that permeates Washington? We probably wouldn't make fun of him then, we would treat his first statement as a way to qualify his second.

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