McCain calls ‘fundamentals of our economy’ strong
I see that Matt Yglesias is hammering John McCain for saying this morning that "the fundamentals of our economy are strong," and so is Barack Obama (although the latter is conveniently omitting McCain’s following remarks, "but these are very, very difficult times."). Watch him here: It is a pretty tone deaf thing to say on ...
I see that Matt Yglesias is hammering John McCain for saying this morning that "the fundamentals of our economy are strong," and so is Barack Obama (although the latter is conveniently omitting McCain's following remarks, "but these are very, very difficult times."). Watch him here:
I see that Matt Yglesias is hammering John McCain for saying this morning that "the fundamentals of our economy are strong," and so is Barack Obama (although the latter is conveniently omitting McCain’s following remarks, "but these are very, very difficult times."). Watch him here:
It is a pretty tone deaf thing to say on a day when the Dow loses more than 500 points — its worst session in seven years. And it is looking increasingly false, Donald Luskin’s horribly timed best efforts to the contrary.
But still, is what McCain said any different than what Obama might be saying a year from now if he’s in the Oval Office and — as many expect — things continue to go south? What’s he going to tell the American people then? "This economy is going down in flames! Head for the hills and hide the children!"
More from Foreign Policy

Saudi-Iranian Détente Is a Wake-Up Call for America
The peace plan is a big deal—and it’s no accident that China brokered it.

The U.S.-Israel Relationship No Longer Makes Sense
If Israel and its supporters want the country to continue receiving U.S. largesse, they will need to come up with a new narrative.

Putin Is Trapped in the Sunk-Cost Fallacy of War
Moscow is grasping for meaning in a meaningless invasion.

How China’s Saudi-Iran Deal Can Serve U.S. Interests
And why there’s less to Beijing’s diplomatic breakthrough than meets the eye.