McCain finally admits U.S. economy is in a recession.
By on Apr 14th, 2008 at 3:53 pm
McCain finally admits U.S. economy is in a recession.
During today’s Associated Press annual meeting, the moderator asked Sen. John McCain (R-AZ), “Are we in a recession?” McCain finally admitted, “I certainly think so,” but then tried to moderate his comment by adding, that the word “recession” is “really kind of a technical term used by people who are economists and make these kinds of judgment.” Watch it:
This admission is a drastic change for McCain. As Bill Scher at the Campaign for America’s Future notes, on Jan. 10, McCain said, “I don’t believe we’re headed into a recession. I believe the fundamentals of this economy are strong, and I believe they will remain strong.”
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McCain finally admitted, “I certainly think so,” but then tried to moderate his comment by adding, that the word “recession” is “really kind of a technical term used by people who are economists and make these kinds of judgment.”
Umm , that’s why they’re correctly referred to as “experts” ; kind of like you being called a foreign policy and national security “expert” , with one tiny caveat……….
They know what they’re talking about.
April 14th, 2008 at 3:59 pmmetaphor for a presidency under McSame:
http://bushstole04.com/Editorials/why_is_mccain_files/image002.jpg
April 14th, 2008 at 4:01 pmWAAAAY OT. Sorry. I’m not seeing any flags or recommends. I have rebooted, logged out and back in and cleared the cache. Any suggestions? I’m rarely available when the threads are active, but flagging trolls at least lowers my blood pressure a bit. Thanks
April 14th, 2008 at 4:01 pmFunny. The Repubs like to talk about how the word “torture” is a technical legal term, too.
April 14th, 2008 at 4:02 pmStormy
None of what you’re questioning is available to any of us………
April 14th, 2008 at 4:03 pmHey all —
We’re working out a few kinks today, which includes the flags/recommends in the comment section. We hope to have them up again soon!
April 14th, 2008 at 4:03 pmSo now McFlopper is saying we are in a recession!!! He should stop all this flip flopping it`s making my head spin, to the left I say, to the Left.
April 14th, 2008 at 4:04 pmMcCain finally admitted, “I certainly think so,” but then tried to moderate his comment by adding, that the word “recession” is “really kind of a technical term used by people who are economists and make these kinds of judgment.”
_____________________________________________
Stay tuned for McCain claiming that the word “torture” is really a kind of technical term used by people who make these judgments. Ditto for “war”, “casualties”, etc.
April 14th, 2008 at 4:04 pmWhat did someone wake the geezer? Cranky old farts like him are always the ones that love war, hate poor people, and like their government entitlements but resent anyone else getting them.
April 14th, 2008 at 4:04 pmKnow what I mean?
MCMetal.
Thanks, thought I was losing it.
April 14th, 2008 at 4:04 pmJust another McCain flip-flop. Ask him again in five minutes, and he’ll deny he ever said it.
April 14th, 2008 at 4:05 pmAmanda Says:
April 14th, 2008 at 4:03 pm
Hey all —
We’re working out a few kinks today, which includes the flags/recommends in the comment section. We hope to have them up again soon!
____________________________________________
Thanks Amanda — and we’ll try to keep quiet about that. If the trolls knew about the flag-free day here, they’d be in here like a plague of locusts.
April 14th, 2008 at 4:05 pmstormy Says:
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MCMetal.
Thanks, thought I was losing it.
April 14th, 2008 at 4:04 pm
I’m not learned enough to comment on that ………
April 14th, 2008 at 4:10 pmDear Senator McCain,
Due to the recession that may or may not technically exist, we are being forced to close our stores. We have, however, referred your account over to our friends at Hostess.
Signed,
April 14th, 2008 at 4:15 pmDunkin Donuts
All the lack of flagging here means is killer-good Whack-a-Troll™ all day!
Woo hoo!
April 14th, 2008 at 4:17 pmjdc Says:
——————————————————————————–
Thanks for the technical difficulties today.
Nothing, in this world, is more devastating than a TP flag.
It’s impossible to get those out of your permanent record.
April 14th, 2008 at 4:14 pm
Well most of us aren’t fortunate enough to have a family that made their money off an ancestor doing business with the Nazis and a daddy that bailed them out of everything until he stupidly and illegally invaded and occupied Iraq…………
April 14th, 2008 at 4:34 pmThinkOutsideTheBush Says:
——————————————————————————–
Dear Senator McCain,
Due to the recession that may or may not technically exist, we are being forced to close our stores. We have, however, referred your account over to our friends at Hostess.
Signed,
Dunkin Donuts
April 14th, 2008 at 4:15 pm
McShitstain along with the rest of the garbage GOP is going to start a new ’store’ ; in line with their behavior , as well as the behavior of their imbecilic backers like jdc :
Dunkin Dognuts…………
April 14th, 2008 at 4:36 pmMcCorpse was unaware of the recession before he was aware of it.
April 14th, 2008 at 4:39 pmCould someone explain why, now that McCain says we’re in recession, why the lib-ral side knew it much sooner than he did ?
Isn’t he either arguing that the liberals are closer to the people or that the liberals understand the economy so much better than he does ?
April 14th, 2008 at 4:41 pmMCMetal Says:
Dunkin Dognuts…………
April 14th, 2008 at 4:36 pm
Dunkin Dognuts — with sprinkles!
Now I have suddenly lost that afternoon craving for a snack…
April 14th, 2008 at 4:56 pmSen. McCain says:I believe the fundamentals of this economy are strong, and I believe they will remain strong.”
I believe the fundamentals of this economy are….an infrastructure designed for $25/ bbl oil trying to function with oil over $100/bbl. As long as gas stays above $3 a gallon….working peoples discretionary income is going into the TANK.
The reason oil is so high , is because our friends the Saudi’s cut back production 800,000 barrels a Day in late 2006.
April 14th, 2008 at 5:00 pmhttp://www.newsweek.com/id/119895
Go back to late 2006. Crude prices were slipping from about $70 a barrel in August toward $50 a barrel (a level that, a few years earlier, seemed astronomical). A true cartel would cut production to prop up prices. That’s what OPEC did. In two steps, it reduced oil output by about 800,000 barrels a day, notes economist Larry Goldstein of EPRINC. “By July, 125 million barrels of oil inventory had been wiped out,” he says. At the end of 2007, inventories (measured by days of supply) were at their lowest point in three years. Prices rose. Without OPEC’s supply cuts, they wouldn’t now be at $100 a barrel”
I don’t see anything changing right up to the election, and beyond.
Another flip-flop.
April 14th, 2008 at 5:04 pmCould someone explain why, now that McCain says we’re in recession, why the lib-ral side knew it much sooner than he did?
Because McCain is a blatant opportunist.
April 14th, 2008 at 5:06 pmDon’t know much ’bout history,
April 14th, 2008 at 5:25 pmDon’t know much biology,
Don’t know much about a science book,
Don’t know much about the economics I took
Off topic but a**wipe chris matthews is finding it harder and harder to not sound like a paid McCorpse campaign shill.
April 14th, 2008 at 6:15 pmMcCain is completely out of touch on the economy – he has flip-flopped so many times on so many issues, why would anyone pay any attention to what he says? He’s clueless – he is simply a pandering, warmongering politician.
April 14th, 2008 at 6:33 pmAs ABC News helpfully reminds us, April 15th is John McCain Tax Flip-Flop Day. McCain, as you’ll recall, twice voted against President Bush’s budget-busting tax cuts for the richest Americans who need them least. But having undergone a supply-side conversion on the road to the White House, John McCain now wants to make them permanent.
For the details, see:
April 14th, 2008 at 6:58 pm“April 15th is John McCain Tax Flip-Flop Day.”
.
What McFish meant was:
“Yes it is… no it’s not… yes it is, too…”
.
April 15th, 2008 at 2:06 amMcCain is getting better at coming around. How long did it take him to become enlightened of MLK and the civil rights?
April 15th, 2008 at 4:02 am