McCain Drinks The Leftie KoolAid; Spews Economic Ignorance
Is this a preview of how he will govern? Is he just another politician who wants to enforce his beliefs on "the proletariat"?
McCain says he believes U.S. is in a recession
Sen. John McCain (R-Ariz.) said Monday that he believes the country is in a recession, adding that “these are very, very tough times in America.”
[...]
While McCain, the presumptive Republican presidential nominee, said he thinks the country is in a recession, he noted that he is more worried about helping people who are facing “enormous challenges,” rather than figuring out what the technical definition of a recession is.
The senator indicated that both Congress and President Bush are partly responsible for the situation, but argued that others are also playing a role.
“I think that there’s plenty of that blame to go around, including very greedy people that happen to be in Wall Street today ... like the CEO of Bear Stearns who decided the day before he was bailed out by the federal government to cash in millions of dollar’s worth of stock,” he stated, adding that there needs to be “a lot more accountability” on Wall Street.
So, we have the “Republican” candidate for President, who describes himself as “a proud Reagan conservative”, changing the definition of “recession” to suit his political purposes, downtalking the economy, blaming the President and “Big Business”, and generally parroting the leftie line on the economy. What’s wrong with this picture?
