The Presidential Debates

C

CFHockeyMom

New member
Sorry, don't agree that Alan Greenspan is long respected. His constant messing with the interest rate is part of the current problem.

The fundamentals of our economy are strong. As I stated, the fundamentals of our economy are based in capitalism. I'm not debating who's plan is good and who's is bad. (BTW, I think Obama's plan stinks as well). I'm just simply trying to point out that capitalism, free market, and entrepenuership are the fundamentals and those are still strong.

One other point, the fact tha McCain owns 7 houses is really of no consequence. Many politician's including the famed Kennedy's own several houses. Now ask them how many residences they have and you'll get me attention. And before you go off about a $500 pair of shoes, maybe you should look into Obama's closet. Those Armani suits aren't cheap and wasn't it Edwards with the $400 hair cut?

I wouldn't call Palin totally inexeperienced. Inexperienced in the sense that she hasn't been corrupted by Washington, yes.

BTW... Let's not forget the Joe Biden is a plagerist.

Read between the lines and not just what the media tells you.
 
C

CFHockeyMom

New member
Sorry, don't agree that Alan Greenspan is long respected. His constant messing with the interest rate is part of the current problem.

The fundamentals of our economy are strong. As I stated, the fundamentals of our economy are based in capitalism. I'm not debating who's plan is good and who's is bad. (BTW, I think Obama's plan stinks as well). I'm just simply trying to point out that capitalism, free market, and entrepenuership are the fundamentals and those are still strong.

One other point, the fact tha McCain owns 7 houses is really of no consequence. Many politician's including the famed Kennedy's own several houses. Now ask them how many residences they have and you'll get me attention. And before you go off about a $500 pair of shoes, maybe you should look into Obama's closet. Those Armani suits aren't cheap and wasn't it Edwards with the $400 hair cut?

I wouldn't call Palin totally inexeperienced. Inexperienced in the sense that she hasn't been corrupted by Washington, yes.

BTW... Let's not forget the Joe Biden is a plagerist.

Read between the lines and not just what the media tells you.
 
C

CFHockeyMom

New member
Sorry, don't agree that Alan Greenspan is long respected. His constant messing with the interest rate is part of the current problem.

The fundamentals of our economy are strong. As I stated, the fundamentals of our economy are based in capitalism. I'm not debating who's plan is good and who's is bad. (BTW, I think Obama's plan stinks as well). I'm just simply trying to point out that capitalism, free market, and entrepenuership are the fundamentals and those are still strong.

One other point, the fact tha McCain owns 7 houses is really of no consequence. Many politician's including the famed Kennedy's own several houses. Now ask them how many residences they have and you'll get me attention. And before you go off about a $500 pair of shoes, maybe you should look into Obama's closet. Those Armani suits aren't cheap and wasn't it Edwards with the $400 hair cut?

I wouldn't call Palin totally inexeperienced. Inexperienced in the sense that she hasn't been corrupted by Washington, yes.

BTW... Let's not forget the Joe Biden is a plagerist.

Read between the lines and not just what the media tells you.
 
C

CFHockeyMom

New member
Sorry, don't agree that Alan Greenspan is long respected. His constant messing with the interest rate is part of the current problem.

The fundamentals of our economy are strong. As I stated, the fundamentals of our economy are based in capitalism. I'm not debating who's plan is good and who's is bad. (BTW, I think Obama's plan stinks as well). I'm just simply trying to point out that capitalism, free market, and entrepenuership are the fundamentals and those are still strong.

One other point, the fact tha McCain owns 7 houses is really of no consequence. Many politician's including the famed Kennedy's own several houses. Now ask them how many residences they have and you'll get me attention. And before you go off about a $500 pair of shoes, maybe you should look into Obama's closet. Those Armani suits aren't cheap and wasn't it Edwards with the $400 hair cut?

I wouldn't call Palin totally inexeperienced. Inexperienced in the sense that she hasn't been corrupted by Washington, yes.

BTW... Let's not forget the Joe Biden is a plagerist.

Read between the lines and not just what the media tells you.
 
C

CFHockeyMom

New member
Sorry, don't agree that Alan Greenspan is long respected. His constant messing with the interest rate is part of the current problem.
<br />
<br />The fundamentals of our economy are strong. As I stated, the fundamentals of our economy are based in capitalism. I'm not debating who's plan is good and who's is bad. (BTW, I think Obama's plan stinks as well). I'm just simply trying to point out that capitalism, free market, and entrepenuership are the fundamentals and those are still strong.
<br />
<br />One other point, the fact tha McCain owns 7 houses is really of no consequence. Many politician's including the famed Kennedy's own several houses. Now ask them how many residences they have and you'll get me attention. And before you go off about a $500 pair of shoes, maybe you should look into Obama's closet. Those Armani suits aren't cheap and wasn't it Edwards with the $400 hair cut?
<br />
<br />I wouldn't call Palin totally inexeperienced. Inexperienced in the sense that she hasn't been corrupted by Washington, yes.
<br />
<br />BTW... Let's not forget the Joe Biden is a plagerist.
<br />
<br />Read between the lines and not just what the media tells you.
 
J

JazzysMom

New member
OH where is Terri when we have fresh blood input on these political issues LOL!
<br />
<br />**sits back & watches**
 
S

Solo

New member
Well by closing special interests loopholes, regulating wall street, and working towards energy independence hereby creating millions of jobs that cannot be outsourced, and most importantly, ending this occupation of Iraq that will save us billions of dollars, Barack Obama can and will fix this monetary mess that we're in.

McCain seems to think this world's like a big monopoly game; buying houses on a whim. Capitalism is a sham, it doesn't reward hard work, but it rewards you based on how many people you step on in order to get in the position you are in. Do you honestly believe people like T. Boone Pickens work harder than someone who collects your garbage? Pickens didn't get his oil out of the ground by himself, no, if not for the people that did it for him, you wouldn't even know his name. We need to reward the hard work that is responsible for wealth. Our economy is topsy-turvy, and rewards wealth at the expense of the hard workers. Of course, there are isolated incidents that people have found the American dream, but that is far and few.

The Kennedy's are political vets, afterall one of them was in the White House. I would be surprised if they didn't own a lot of homes. After a President's 8 or 4 years are done, he is paid I believe 150,000 a year from the government.

Everyone knows Obama is rich, it's no big secret. But he was not rich until his books became best sellers, and he is far from the elitist that Republithugs paint him as. And what's John Edwards have to do with anything?

McCain's tax plan is horrendous at best. But it seems the right wing neocons love it when they hear the word "tax cut", no matter what else happens in the process. Who cares if you start a war that will cost billions, who cares if you use the constitution as toilet paper, who cares if you torture people in secret prisons, just so long as the already wealthy get a tax cut.

Sarah Palin is a novice for the job. She is fit to be a beauty queen or a crew member of McDonald's, but not VP, as she has proved every time she opens her mouth. A handful of Republithugs even called for her to step down as they said she's a disgrace. Weeks ago it seemed as though McCain pulled out an ace picking her, but now the more I see and hear her, the more I detest her. I think she'll put the nail in the Republithug coffin; she's the Democrat's secret weapon.

You mentioned that Joe Biden is a plagiarist, well that was years ago, I really don't think he'll be doing that anymore. Does that somehow diminish his ability to step into the role as Pres if needed?
 
S

Solo

New member
Well by closing special interests loopholes, regulating wall street, and working towards energy independence hereby creating millions of jobs that cannot be outsourced, and most importantly, ending this occupation of Iraq that will save us billions of dollars, Barack Obama can and will fix this monetary mess that we're in.

McCain seems to think this world's like a big monopoly game; buying houses on a whim. Capitalism is a sham, it doesn't reward hard work, but it rewards you based on how many people you step on in order to get in the position you are in. Do you honestly believe people like T. Boone Pickens work harder than someone who collects your garbage? Pickens didn't get his oil out of the ground by himself, no, if not for the people that did it for him, you wouldn't even know his name. We need to reward the hard work that is responsible for wealth. Our economy is topsy-turvy, and rewards wealth at the expense of the hard workers. Of course, there are isolated incidents that people have found the American dream, but that is far and few.

The Kennedy's are political vets, afterall one of them was in the White House. I would be surprised if they didn't own a lot of homes. After a President's 8 or 4 years are done, he is paid I believe 150,000 a year from the government.

Everyone knows Obama is rich, it's no big secret. But he was not rich until his books became best sellers, and he is far from the elitist that Republithugs paint him as. And what's John Edwards have to do with anything?

McCain's tax plan is horrendous at best. But it seems the right wing neocons love it when they hear the word "tax cut", no matter what else happens in the process. Who cares if you start a war that will cost billions, who cares if you use the constitution as toilet paper, who cares if you torture people in secret prisons, just so long as the already wealthy get a tax cut.

Sarah Palin is a novice for the job. She is fit to be a beauty queen or a crew member of McDonald's, but not VP, as she has proved every time she opens her mouth. A handful of Republithugs even called for her to step down as they said she's a disgrace. Weeks ago it seemed as though McCain pulled out an ace picking her, but now the more I see and hear her, the more I detest her. I think she'll put the nail in the Republithug coffin; she's the Democrat's secret weapon.

You mentioned that Joe Biden is a plagiarist, well that was years ago, I really don't think he'll be doing that anymore. Does that somehow diminish his ability to step into the role as Pres if needed?
 
S

Solo

New member
Well by closing special interests loopholes, regulating wall street, and working towards energy independence hereby creating millions of jobs that cannot be outsourced, and most importantly, ending this occupation of Iraq that will save us billions of dollars, Barack Obama can and will fix this monetary mess that we're in.

McCain seems to think this world's like a big monopoly game; buying houses on a whim. Capitalism is a sham, it doesn't reward hard work, but it rewards you based on how many people you step on in order to get in the position you are in. Do you honestly believe people like T. Boone Pickens work harder than someone who collects your garbage? Pickens didn't get his oil out of the ground by himself, no, if not for the people that did it for him, you wouldn't even know his name. We need to reward the hard work that is responsible for wealth. Our economy is topsy-turvy, and rewards wealth at the expense of the hard workers. Of course, there are isolated incidents that people have found the American dream, but that is far and few.

The Kennedy's are political vets, afterall one of them was in the White House. I would be surprised if they didn't own a lot of homes. After a President's 8 or 4 years are done, he is paid I believe 150,000 a year from the government.

Everyone knows Obama is rich, it's no big secret. But he was not rich until his books became best sellers, and he is far from the elitist that Republithugs paint him as. And what's John Edwards have to do with anything?

McCain's tax plan is horrendous at best. But it seems the right wing neocons love it when they hear the word "tax cut", no matter what else happens in the process. Who cares if you start a war that will cost billions, who cares if you use the constitution as toilet paper, who cares if you torture people in secret prisons, just so long as the already wealthy get a tax cut.

Sarah Palin is a novice for the job. She is fit to be a beauty queen or a crew member of McDonald's, but not VP, as she has proved every time she opens her mouth. A handful of Republithugs even called for her to step down as they said she's a disgrace. Weeks ago it seemed as though McCain pulled out an ace picking her, but now the more I see and hear her, the more I detest her. I think she'll put the nail in the Republithug coffin; she's the Democrat's secret weapon.

You mentioned that Joe Biden is a plagiarist, well that was years ago, I really don't think he'll be doing that anymore. Does that somehow diminish his ability to step into the role as Pres if needed?
 
S

Solo

New member
Well by closing special interests loopholes, regulating wall street, and working towards energy independence hereby creating millions of jobs that cannot be outsourced, and most importantly, ending this occupation of Iraq that will save us billions of dollars, Barack Obama can and will fix this monetary mess that we're in.

McCain seems to think this world's like a big monopoly game; buying houses on a whim. Capitalism is a sham, it doesn't reward hard work, but it rewards you based on how many people you step on in order to get in the position you are in. Do you honestly believe people like T. Boone Pickens work harder than someone who collects your garbage? Pickens didn't get his oil out of the ground by himself, no, if not for the people that did it for him, you wouldn't even know his name. We need to reward the hard work that is responsible for wealth. Our economy is topsy-turvy, and rewards wealth at the expense of the hard workers. Of course, there are isolated incidents that people have found the American dream, but that is far and few.

The Kennedy's are political vets, afterall one of them was in the White House. I would be surprised if they didn't own a lot of homes. After a President's 8 or 4 years are done, he is paid I believe 150,000 a year from the government.

Everyone knows Obama is rich, it's no big secret. But he was not rich until his books became best sellers, and he is far from the elitist that Republithugs paint him as. And what's John Edwards have to do with anything?

McCain's tax plan is horrendous at best. But it seems the right wing neocons love it when they hear the word "tax cut", no matter what else happens in the process. Who cares if you start a war that will cost billions, who cares if you use the constitution as toilet paper, who cares if you torture people in secret prisons, just so long as the already wealthy get a tax cut.

Sarah Palin is a novice for the job. She is fit to be a beauty queen or a crew member of McDonald's, but not VP, as she has proved every time she opens her mouth. A handful of Republithugs even called for her to step down as they said she's a disgrace. Weeks ago it seemed as though McCain pulled out an ace picking her, but now the more I see and hear her, the more I detest her. I think she'll put the nail in the Republithug coffin; she's the Democrat's secret weapon.

You mentioned that Joe Biden is a plagiarist, well that was years ago, I really don't think he'll be doing that anymore. Does that somehow diminish his ability to step into the role as Pres if needed?
 
S

Solo

New member
Well by closing special interests loopholes, regulating wall street, and working towards energy independence hereby creating millions of jobs that cannot be outsourced, and most importantly, ending this occupation of Iraq that will save us billions of dollars, Barack Obama can and will fix this monetary mess that we're in.
<br />
<br />McCain seems to think this world's like a big monopoly game; buying houses on a whim. Capitalism is a sham, it doesn't reward hard work, but it rewards you based on how many people you step on in order to get in the position you are in. Do you honestly believe people like T. Boone Pickens work harder than someone who collects your garbage? Pickens didn't get his oil out of the ground by himself, no, if not for the people that did it for him, you wouldn't even know his name. We need to reward the hard work that is responsible for wealth. Our economy is topsy-turvy, and rewards wealth at the expense of the hard workers. Of course, there are isolated incidents that people have found the American dream, but that is far and few.
<br />
<br />The Kennedy's are political vets, afterall one of them was in the White House. I would be surprised if they didn't own a lot of homes. After a President's 8 or 4 years are done, he is paid I believe 150,000 a year from the government.
<br />
<br />Everyone knows Obama is rich, it's no big secret. But he was not rich until his books became best sellers, and he is far from the elitist that Republithugs paint him as. And what's John Edwards have to do with anything?
<br />
<br />McCain's tax plan is horrendous at best. But it seems the right wing neocons love it when they hear the word "tax cut", no matter what else happens in the process. Who cares if you start a war that will cost billions, who cares if you use the constitution as toilet paper, who cares if you torture people in secret prisons, just so long as the already wealthy get a tax cut.
<br />
<br />Sarah Palin is a novice for the job. She is fit to be a beauty queen or a crew member of McDonald's, but not VP, as she has proved every time she opens her mouth. A handful of Republithugs even called for her to step down as they said she's a disgrace. Weeks ago it seemed as though McCain pulled out an ace picking her, but now the more I see and hear her, the more I detest her. I think she'll put the nail in the Republithug coffin; she's the Democrat's secret weapon.
<br />
<br />You mentioned that Joe Biden is a plagiarist, well that was years ago, I really don't think he'll be doing that anymore. Does that somehow diminish his ability to step into the role as Pres if needed?
<br />
 
M

Mockingbird

New member
<div class="FTQUOTE"><begin quote>what fundamentals of our economy do you feel are strong? </end quote></div>

Okay, the capitalist system is primarily based on Adam's Smith's theory of economics developed around 1775. He believed freedom was vital to the survival of any economy, especially the freedom to own land or property or the freedom to keep profits from a business. He believed people will work hard as long as they have incentives fro doing so; incentives such as higher pay or promotion. Adam Smith believed when business owners are free to work for their own prosperity and growth, they will also inadvertently help society around them. For example, when a business works hard to expand in order to create more profit, it will also create more jobs. Additionally, people have the freedoms to choose where they want to work and what they want to buy. Therefore, a business which is corrupt will be rejected by the people and will ultimately fail on its own.

These are the fundamentals of our economy which we believe are strong. You can disagree if you want, but you've got over 200 years of history proving you wrong.

Also, the things you listed, <div class="FTQUOTE"><begin quote>The dollar is low, more and more jobs are being shipped overseas, more homes are foreclosing, and some college-educated are finding their having to settle for jobs at Burger King.</end quote></div> are not fundamentals of the economy. These things do not cause the economy to fall, but rather they are the result of the <b>natural</b> rise and fall of the economy. These rises and falls which happen in <b>every</b> economy are called business cycles. Economist Joeseph Schumpeter identified four phases of long-term business cycles:
1. An economic boom in which business is booming
2. A recession, which is two or more consecutive quarters of decline in the gross domestic product (total value of goods and services) (This results in devaluing of the dollar, failure of businesses, high unemployment rates, etc. Not caused by-- results in)
3. A depression, which is a severe recession usually accompanied by deflation (Business cycles rarely go through a depression phase)
4. A recovery, in which the economy stabilizes and starts to grow, eventually leading to an economic boom again.

So, that's why McCain and Bush say the fundamentals of our economy are strong. They never said we wouldn't have recessions or crises, because every economy has recession no matter how strong its fundamentals are. As McCain might say, "Senator Obama clearly doesn't understand the US economy."
 
M

Mockingbird

New member
<div class="FTQUOTE"><begin quote>what fundamentals of our economy do you feel are strong? </end quote></div>

Okay, the capitalist system is primarily based on Adam's Smith's theory of economics developed around 1775. He believed freedom was vital to the survival of any economy, especially the freedom to own land or property or the freedom to keep profits from a business. He believed people will work hard as long as they have incentives fro doing so; incentives such as higher pay or promotion. Adam Smith believed when business owners are free to work for their own prosperity and growth, they will also inadvertently help society around them. For example, when a business works hard to expand in order to create more profit, it will also create more jobs. Additionally, people have the freedoms to choose where they want to work and what they want to buy. Therefore, a business which is corrupt will be rejected by the people and will ultimately fail on its own.

These are the fundamentals of our economy which we believe are strong. You can disagree if you want, but you've got over 200 years of history proving you wrong.

Also, the things you listed, <div class="FTQUOTE"><begin quote>The dollar is low, more and more jobs are being shipped overseas, more homes are foreclosing, and some college-educated are finding their having to settle for jobs at Burger King.</end quote></div> are not fundamentals of the economy. These things do not cause the economy to fall, but rather they are the result of the <b>natural</b> rise and fall of the economy. These rises and falls which happen in <b>every</b> economy are called business cycles. Economist Joeseph Schumpeter identified four phases of long-term business cycles:
1. An economic boom in which business is booming
2. A recession, which is two or more consecutive quarters of decline in the gross domestic product (total value of goods and services) (This results in devaluing of the dollar, failure of businesses, high unemployment rates, etc. Not caused by-- results in)
3. A depression, which is a severe recession usually accompanied by deflation (Business cycles rarely go through a depression phase)
4. A recovery, in which the economy stabilizes and starts to grow, eventually leading to an economic boom again.

So, that's why McCain and Bush say the fundamentals of our economy are strong. They never said we wouldn't have recessions or crises, because every economy has recession no matter how strong its fundamentals are. As McCain might say, "Senator Obama clearly doesn't understand the US economy."
 
M

Mockingbird

New member
<div class="FTQUOTE"><begin quote>what fundamentals of our economy do you feel are strong? </end quote></div>

Okay, the capitalist system is primarily based on Adam's Smith's theory of economics developed around 1775. He believed freedom was vital to the survival of any economy, especially the freedom to own land or property or the freedom to keep profits from a business. He believed people will work hard as long as they have incentives fro doing so; incentives such as higher pay or promotion. Adam Smith believed when business owners are free to work for their own prosperity and growth, they will also inadvertently help society around them. For example, when a business works hard to expand in order to create more profit, it will also create more jobs. Additionally, people have the freedoms to choose where they want to work and what they want to buy. Therefore, a business which is corrupt will be rejected by the people and will ultimately fail on its own.

These are the fundamentals of our economy which we believe are strong. You can disagree if you want, but you've got over 200 years of history proving you wrong.

Also, the things you listed, <div class="FTQUOTE"><begin quote>The dollar is low, more and more jobs are being shipped overseas, more homes are foreclosing, and some college-educated are finding their having to settle for jobs at Burger King.</end quote></div> are not fundamentals of the economy. These things do not cause the economy to fall, but rather they are the result of the <b>natural</b> rise and fall of the economy. These rises and falls which happen in <b>every</b> economy are called business cycles. Economist Joeseph Schumpeter identified four phases of long-term business cycles:
1. An economic boom in which business is booming
2. A recession, which is two or more consecutive quarters of decline in the gross domestic product (total value of goods and services) (This results in devaluing of the dollar, failure of businesses, high unemployment rates, etc. Not caused by-- results in)
3. A depression, which is a severe recession usually accompanied by deflation (Business cycles rarely go through a depression phase)
4. A recovery, in which the economy stabilizes and starts to grow, eventually leading to an economic boom again.

So, that's why McCain and Bush say the fundamentals of our economy are strong. They never said we wouldn't have recessions or crises, because every economy has recession no matter how strong its fundamentals are. As McCain might say, "Senator Obama clearly doesn't understand the US economy."
 
M

Mockingbird

New member
<div class="FTQUOTE"><begin quote>what fundamentals of our economy do you feel are strong? </end quote>

Okay, the capitalist system is primarily based on Adam's Smith's theory of economics developed around 1775. He believed freedom was vital to the survival of any economy, especially the freedom to own land or property or the freedom to keep profits from a business. He believed people will work hard as long as they have incentives fro doing so; incentives such as higher pay or promotion. Adam Smith believed when business owners are free to work for their own prosperity and growth, they will also inadvertently help society around them. For example, when a business works hard to expand in order to create more profit, it will also create more jobs. Additionally, people have the freedoms to choose where they want to work and what they want to buy. Therefore, a business which is corrupt will be rejected by the people and will ultimately fail on its own.

These are the fundamentals of our economy which we believe are strong. You can disagree if you want, but you've got over 200 years of history proving you wrong.

Also, the things you listed, <div class="FTQUOTE"><begin quote>The dollar is low, more and more jobs are being shipped overseas, more homes are foreclosing, and some college-educated are finding their having to settle for jobs at Burger King.</end quote> are not fundamentals of the economy. These things do not cause the economy to fall, but rather they are the result of the <b>natural</b> rise and fall of the economy. These rises and falls which happen in <b>every</b> economy are called business cycles. Economist Joeseph Schumpeter identified four phases of long-term business cycles:
1. An economic boom in which business is booming
2. A recession, which is two or more consecutive quarters of decline in the gross domestic product (total value of goods and services) (This results in devaluing of the dollar, failure of businesses, high unemployment rates, etc. Not caused by-- results in)
3. A depression, which is a severe recession usually accompanied by deflation (Business cycles rarely go through a depression phase)
4. A recovery, in which the economy stabilizes and starts to grow, eventually leading to an economic boom again.

So, that's why McCain and Bush say the fundamentals of our economy are strong. They never said we wouldn't have recessions or crises, because every economy has recession no matter how strong its fundamentals are. As McCain might say, "Senator Obama clearly doesn't understand the US economy."
 
M

Mockingbird

New member
<div class="FTQUOTE"><begin quote>what fundamentals of our economy do you feel are strong? </end quote>
<br />
<br />Okay, the capitalist system is primarily based on Adam's Smith's theory of economics developed around 1775. He believed freedom was vital to the survival of any economy, especially the freedom to own land or property or the freedom to keep profits from a business. He believed people will work hard as long as they have incentives fro doing so; incentives such as higher pay or promotion. Adam Smith believed when business owners are free to work for their own prosperity and growth, they will also inadvertently help society around them. For example, when a business works hard to expand in order to create more profit, it will also create more jobs. Additionally, people have the freedoms to choose where they want to work and what they want to buy. Therefore, a business which is corrupt will be rejected by the people and will ultimately fail on its own.
<br />
<br />These are the fundamentals of our economy which we believe are strong. You can disagree if you want, but you've got over 200 years of history proving you wrong.
<br />
<br />Also, the things you listed, <div class="FTQUOTE"><begin quote>The dollar is low, more and more jobs are being shipped overseas, more homes are foreclosing, and some college-educated are finding their having to settle for jobs at Burger King.</end quote> are not fundamentals of the economy. These things do not cause the economy to fall, but rather they are the result of the <b>natural</b> rise and fall of the economy. These rises and falls which happen in <b>every</b> economy are called business cycles. Economist Joeseph Schumpeter identified four phases of long-term business cycles:
<br />1. An economic boom in which business is booming
<br />2. A recession, which is two or more consecutive quarters of decline in the gross domestic product (total value of goods and services) (This results in devaluing of the dollar, failure of businesses, high unemployment rates, etc. Not caused by-- results in)
<br />3. A depression, which is a severe recession usually accompanied by deflation (Business cycles rarely go through a depression phase)
<br />4. A recovery, in which the economy stabilizes and starts to grow, eventually leading to an economic boom again.
<br />
<br />So, that's why McCain and Bush say the fundamentals of our economy are strong. They never said we wouldn't have recessions or crises, because every economy has recession no matter how strong its fundamentals are. As McCain might say, "Senator Obama clearly doesn't understand the US economy."
<br />
<br />
 
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