The economy is tanking thanks to the policies put in place by the people behind John McCains run for the White House. McCain Campaign is run, top to bottom, by lobbyists. McCain's, now you see him now you don't, chief economic adviser Phil Gramm aka Forclosure Phil led the way to the mortgage crisis and on to todays banking crisis. We'll have to wait and see if the banking crisis will spark a stockmarket crash and depression.
McCain Says We're Better Off?
We, average Americans, just can't afford a McCain Presidency. Thanks to Bush and all his Republican/lobbyist pals, middle class families incomes have been declining and now the value of their houses are also shrinking while the cost of food, fuel and healthcare are climbing at an alarming rate. And to add insult to injury, investing in the stockmarket has been a loser; $100 invested in a DJIA index fund when Bush first took office is worth only $83 today. That doesn't put much toward sending the kids to college or retirement, does it.
But McCain thinks the "fundamentals of our economy are strong". We just can't afford a McCain Presidency.
Krugman on Phil Gramm