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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 ... .

Comments

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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About the Economy’s "Sound Fundamentals" — But As For Me links to this page. Here’s an excerpt:

…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… → Read full article… About the Economy’s "Sound Fundamentals" Tagged as: billions, economy, Quot, Sound Fundamentals, Stimulus, Trillions, Vadum { 0 comments… add one now } Leave a Comment Name…

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Obama's Miranda Madness

Less than an hour into the interrogation of the Christmas Day "underwear bomber," the U.S. Justice Department instructed FBI agents to advise Abdulmutallab — an al Qaeda operative from Nigeria — of his Miranda rights. Shockingly, interviews since have yielded "no actionable intelligence."

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