Conservatives talk crazy on economy

From the CNN Political Ticker, a McCain economic adviser seems to think the economy is fine:

Gramm’s comments came in a Washington Times interview published Thursday. "We have sort of become a nation of whiners. You just hear this constant whining, complaining about a loss of competitiveness, America in decline," said the former Texas senator. "You've heard of mental depression; this is a mental recession." Gramm also said the media was responsible for fostering unnecessary anxiety over the state of the economy. "Misery sells newspapers,” he said. “Thank God the economy is not as bad as you read in the newspaper every day."

Gramm is certainly not alone. King from SCSU Scholars has been musing about whether we're in a recession or not for some time. Talk about being disconnected from reality... Ultimately, who cares whether we're officially in a recession or not? The bottom line is that the economy stinks! They can crunch the numbers all they want; the reality on the ground is that there are few jobs to be had, declining wages, and a rising cost of living. Once again, Republicans decline to provide a solution, and instead suggest that we don't even have a problem.

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