The fundamentals are strong?

Tuesday September 16, 2008 | | Permalink | Digg It

A short list of fundamentals:

  • Unemployment rate: at a 5-year high, NOT STRONG
  • Inflation: highest since Sept. 1982, NOT STRONG
  • Trade Deficit: highest level in 16 months and bad for the economy, NOT STRONG
  • Annual Budget Deficit: will soar to over $500 billion by the time Bush leaves office. Bush inherited a $208 billion surplus — that’s a $708 billion swing. NOT STRONG
  • Total National Debt: $9.6 trillion or approx. $31,621 for every citizen in the U.S. NOT STRONG

So, what fundamentals is McCain referring to? Please enlighten.

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