Hypocrisy: Barack Obama Economic Advisor Dr. Christina Romer … Fundamentals of the US Economy Are Sound
A Tale of Two Sound Fundamental Economies … and One Hypocrisy President Obama are the fundamentals strong? With rising unemployment, continued trillion dollar bailouts, a stock market that has plummeted since you took office and your minions state the economy is sound. Funny, you were not saying that during the election when things were not as bad:
“What’s more fundamental than the ability to find a job that pays the bills and can raise a family?”
We need to look no further than this past weekends Meet the Press to witness the “fundamental” hypocrisy in the main stream media. The Chair of President Barack Obama’s Council of Economic Advisers, Dr. Christina Romer, stated that, “the fundamentals of the economy are “sound.” The MSM is no where to be heard.
The Chair of President Obama’s Council of Economic Advisers, Dr. Christina Romer, on Sunday said that the fundamentals of the economy are “sound,” a comment similar to one that her boss as a candidate repeatedly attacked Sen. John McCain, R-Ariz., for making during the heat of last year’s presidential campaign. “Of course, the fundamentals are sound,” Romer said on Meet the Press, “in the sense that the American workers are sound. We have a good capital stock, we have good technology. We know that, temporarily, we’re in a mess, right? We have seen huge job loss, we’ve seen very large falls in GDP. Certainly in the short run, we’re in a bad situation.”
The fundamentals are what? SOUND? Isn’t this deja vu all over again? Does the Obama Administration think the American people are stupid or just not capable of using an internet search engine.
The fundamentals of the economy being sound is the exact same comment that Republican Presidential challenger John McCain said on September 15, 2008. However, when anyone attached to the Obama Administration makes such a claim, they are given a pass. So which is it President Obama, are the ‘Fundamentals” of the economy sound? If so, then were they back on September 15 when McCain made his statement? After all, the fundamentals would have been more sound then.
“The fundamentals of our economy are strong,” he said.
McCain also said that “these are very, very difficult times,” but the window had been opened.
Barack Obama went on to mock John McCain for his comments during the 2008 Presidential election . I guess it is okay when it is about winning an election vs. reality.
“We just woke up to news of financial disaster, and this morning he said that the fundamentals of the economy are still strong,” Obama told an estimated crowd of 5,800 at the Cross Orchards Historic Site in Grand Junction, Colo. “Sen. McCain –- what economy are you talking about?
“What’s more fundamental than the ability to find a job that pays the bills and can raise a family?” Obama asked, his voice rising. “What’s more fundamental than knowing that your life savings is secure, and that you can retire with dignity? What’s more fundamental than knowing that you’ll have a roof over your head at the end of the day?”