SmellingTheCoffee Forum Plebian

Joined: 15 Apr 2008 Posts: 122 Local time: 11:45 AM

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Posted: Thu Jul 10, 2008 11:23 am Post subject: Phil Gramm to America: Quit Whining!! |
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GRAMM'S QUOTES FROM THE WASHINGTON TIMES:
" 'You've heard of mental depression; this is a mental recession,' [Gramm] 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.
" 'We've never been more dominant; we've never had more natural advantages than we have today,' he said. 'We have benefited greatly' from the globalization of the economy in the last 30 years.
"Mr. Gramm said the constant drubbing of the media on the economy's problems is one reason people have lost confidence. Various surveys show that consumer confidence has fallen precipitously this year to the lowest levels in two to three decades, with most analysts attributing that to record high gasoline prices over $4 a gallon and big drops in the value of homes, which are consumers' biggest assets.
http://www.washtimes.com/news/2008/jul/09/mccain-adviser-addresses-mental-recession/
John McCain’s Fiscal Strategy: “There’s nothing wrong with the economy so quitch y’r bitchen’….AND GET OFF MY LAWN….damn kids… _________________ I have no objection to a God who refuses to prove that he exists; but what to make of one who creates so much evidence that he doesn't? |
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