John McCain recently said “I have a fundamental belief that, I have a great belief that the fundamentals of our economy are very strong, very strong.” John McCain’s economy must be associated with some other nation because it certainly isn’t the way the vast majority of Americans view the economy.
Am I the only one wondering exactly what John McCain considers to be the fundamentals of our economy?
Here are the facts. America is facing record foreclosure rates, oil and gas prices are at record highs and expected to go higher, nearly 325,000 jobs have been lost since the beginning of the year, the U.S. dollar continues to weaken against nearly all foreign currencies, the stock market takes hit after hit, and we still have a huge trade deficit with China.
John McCain is not intelligent enough nor financially literate enough to lead the United States if that is what he considers fundamentally strong. Maybe his wife Cindy should run for President, she has millions and probably understands economic theory and practice far better than John does.
Or better yet we need a come from behind win from Republican candidate Ron Paul. Ron Paul has written several books on economic policy. He votes against rampant government spending and would rid the government of many of its incredibly wasteful programs.
Ron Paul understands economic issues. John McCain is clueless and Ron Paul proved it during the Florida debate. Ron Paul asked an economics related question and all McCain could do was name drop. Watch the YouTube clip. John McCain does not even know what the President’s Working Group on Financial Markets is or what they do. He has been in Washington for YEARS and has run for President before, he should have a better grasp of the Presidency by now.
If you haven’t heard of Ron Paul before you should Google him and check out his many YouTube videos. And consider joining in the Revolution March that is going to be held on July 12th 2008 in Washington DC.