Thursday, July 10, 2008

Whiner Candidate

Phil Gramm, McCain economic advisor:
"You've heard of mental depression; this is a mental recession," he said, noting that growth has held up at about 1 percent despite all the publicity over losing jobs to India, China, illegal immigration, housing and credit problems and record oil prices. "We may have a recession; we haven't had one yet."

"We have sort of become a nation of whiners," he said. "You just hear this constant whining, complaining about a loss of competitiveness, America in decline" despite a major export boom that is the primary reason that growth continues in the economy, he said.

John McCain:
Trib: Are we in a recession now in your opinion?

McCain: Of course, I believe that we're in a recession, but the important thing, you know, people sit around the kitchen table at night saying how are we going to make the mortgage payment?

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