Tumblr Icon RSS Icon

As Wall Street collapses, McCain declares that ‘the fundamentals of our economy are strong.’

By Ali Frick  

"As Wall Street collapses, McCain declares that ‘the fundamentals of our economy are strong.’"

Share:

google plus icon

Speaking in Florida this morning — the very day that two of Wall Street’s major banking institutions collapsed — Sen. John McCain (R-AZ) declared he “still” believes “the fundamentals of our economy are strong.” Watch it:

Though McCain noted that “these are very, very difficult times,” he seemed oblivious to today’s evidence of the crumbling foundations of the economy, with the Dow Jones industrial average dropping 300 points in the first 15 minutes of trading this morning. Yesterday, former Fed chief Alan Greenspan said this economy is the worst he has ever seen. (HT: Ben Smith)

Digg It!

Tags:

‹ McCain Loses Fox News: Megyn Kelly Rips McCain Flack For Claiming Obama Would Raise Middle Class Taxes

Project Palin: Neoconservatives Seize Upon Palin’s Cluelessness To Shape Her Foreign Policy Agenda ›

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.