Dear Sen. Phil GrammJuly 10, 2008 - Author: newscoma - Comments are closed
I know you are out there advising John McCain and stuff, but I don’t think you and he are saying the same thing. Just a few days ago, McCain said the economy was in shambles.
No, really. That’s what he said.
And then, doggone it, you go and say this.
You’ve heard of mental depression; this is a mental recession,” he said, noting that growth has held up at about 1 percent despite all the publicity over losing jobs to India, China, illegal immigration, housing and credit problems and record oil prices. “We may have a recession; we haven’t had one yet.”
“We have sort of become a nation of whiners,” he said. “You just hear this constant whining, complaining about a loss of competitiveness, America in decline” despite a major export boom that is the primary reason that growth continues in the economy, he said.
Sen. Gramm, let me ask you sir, could you come over here to northwest Tennessee? I can show you about seven empty plants, downtowns with more closed businesses than open ones and … awww, forget about it. You don’t get it. I understand that.
Oh, and now that you are with usB, well, how’s that going?
Sir, I am not a fan. I admit it. But if you are going to be McCain’s economic advisor, maybe you should know about the entire country’s economic condition and not just your rich buddies complaining that poor folks are messing with your good life.
The 12-year-old in me says this: “Bite Me.”
P.S. You might want to talk to Warren Buffett.