[NYC Republican]

I agree, but it's all predictions. No one knows for sure... It's defined as 2 quarters of negative growth, we haven't had one yet... He shouldn't be in the business of jumping on the doom-and-gloom bandwagon... Sure, things have slowed, but inflation's in check, unemployment is very low, interest rates are low, and retail sales came in the positive territory.

I don't call him a dolt based on this comment alone. I do it based on his amazing ability to try and out-lib the libs...

He's a disgrace, and I've almost reached the tipping point, where I really don't care of he wins or loses.

[Mr. Jeeves]

It's defined as 2 quarters of negative growth, we haven't had one yet...

That's a backward-looking yardstick - in other words, the recession has to be six months old before anyone officially admits it is happening. ;)

Very bad structural problems are starting to impact the US economy right now. The road back to health will take years. It's OK for McCain to acknowledge that.

The Clinton era redefined the President as the National Talk Show Host - so to get elected and govern effectively in these times you have to find out what the public is thinking and empathize with them. McCain is already far ahead of GWB in that regard.

[brydic1]

“Inflation is in check”

Too bad you haven’t visited a grocery or service station in the last three months otherwise you would not be making this totally ridiculous statement.