Friday, September 19, 2008

Just don't call the U.S. economy solid

John McCain was right when he said Monday that despite the bad news about Lehman Brothers filing for bankruptcy and AIG trolling for help from Uncle Sam, "the fundamentals of our economy are strong."

As politicians running for the White House learn, honesty is a commodity best used sparingly on the campaign trail. Voters apparently believe that America is in a terrible recession - even though the gross domestic product grew at an annual rate of 3.3 percent last quarter...

[facts even the SF Chronicle can't deny]

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