“My opponents may disagree, but those fundamentals – the American worker, the innovation, the entrepreneurship, the small business – are the fundamentals of America and I think they are strong,”
- John McCain 9/15/2008
“I could walk from here to Lansing and I wouldn’t run into a single person who thought our economy was doing well, unless I ran into John McCain”
- Joe Biden 9/15/2008
The American worker, and the spirit of small business, these are not economic fundamentals.
If he really believes that definition - then John McCain doesn't know what economic fundamentals are...
unemployment, supply, demand, inflation, GDP, consumer confidence, these are just a few of many STATISTICAL definitions of fundamentals.
I don't believe McCain to be a fool but the way he puts words out there, they are misleading. One can point at these things as reasons why America is great but they are not economic fundamentals.
but the truth is I don't need to start a thread to tell people what's obvious. when 3 of the 6 largest investment banks in the world, all American, fail at once, the fundamentals of the American economy are NOT strong.