The American Spectator : The Spectacle Blog : About the Economy's "Sound Fundamentals"

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The Spectacle Blog

About the Economy's "Sound Fundamentals"

By Doug Bandow on 3.16.09 @ 7:39AM

As Matthew Vadum points out, after trashing the economy in order to win passage of billions or trillions or who knows how much in "stimulus" spending, the Obama administration has decided that the economy is doing pretty well, thank you very much. There may still be a couple little glitches here and there, but, with the Chinese inquiring about the security of their U.S. securities, the Prez and his buddies say they are focusing on the economy's sound fundamentals. Right.

Catherine Favazza posts a delightful youtube look at what candidate Obama said when Sen .John McCain proclaimed that the economy was fundamentally sound. Strange, there seems to be a little inconsistency. Imagine that ... .

View all comments (9) | Leave a comment

Catherine| 3.16.09 @ 7:50AM

Thank you for linking to the video. I guess this kind of discussion is the "hope" we were promised?

Tom Skypek| 3.16.09 @ 8:05AM

I believe this is also "change we can believe in." Apparently, things are going so well that President Obama is going to be hitting the fundraising circuit again starting March 25th (http://www.bloomberg.com/apps/news?pid=20601087&sid=aBcmH5_wa8J0&refer=worldwide)

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the Prez and his buddies say they are focusing on the economy's sound fundamentals. Right.

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the economy in order to win passage of billions or trillions or who knows how much in “stimulus” spending, the Obama administration has decided…
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