White House won’t say that 'fundamentals are strong'

[babylonsister]

Isn't McBush supposed to be running from them? :crazy:


White House won’t say that 'fundamentals are strong'
By Sam Youngman
Posted: 09/17/08 03:26 PM


The White House on Wednesday refused to repeat earlier statements — echoed this week by Republican presidential candidate John McCain — that the fundamentals of the economy are strong even as a Wall Street crisis has deepened amid a major bankruptcy and another federal bailout.

White House press secretary Dana Perino was asked repeatedly at the daily briefing Wednesday if the president continues to think, as he has said before, that the economy remains fundamentally strong. Sen. McCain (Ariz.) repeated the president's point Monday, after Lehman Brothers filed for bankruptcy, saying that "the fundamentals of our economy are strong."

Democratic presidential candidate Sen. Barack Obama (Ill.) seized on McCain's remark as evidence that the Arizona senator is out of touch and lacking in economic knowledge and appreciation of the degree of the current crisis.

Perino would say only that Treasury Secretary Henry Paulson said "that as he looks at our country and compares it with other countries, that we are in a position of strength to be able to deal with this crisis, and it's going to take us a while to work through it.”

Perino indicated that she would not discuss the statement about the strength of the fundamentals of the economy because her remarks would be used in the presidential campaign.

“I recognize that this issue of strength has come into the 2008 election; I'm not going to try to get involved in it,” she said.

more...

http://thehill.com/leading-the-news/white-house-wont-say-that-fundamentals-are-strong-2008-09-17.html

[NYC_SKP]

1. I heard that earlier today. Now Bush #2 is distancing himself from Bush #3!!!

:rofl: