Here is the problem with this post, and the whole line of thinking. Yes, "fundamentals of the economy" "cost" McCain the election, in the sense that political journalists always seek a single event (like Dukakis in the tank) that can explain a complex process. Many other things happened that week: McCain "declared a crisis" and suspended his campaign. He tried to duck the debate. He ducked Letterman and was exposed and skewered. They all added up to one thing: he had no clue how to cope with a fresh crisis, exactly the sort of thing a president has to do. And yes, he was unable to express real empathy or show he understood the dimensions of the crisis.
But! His comment wasn't "thoughtless." It was intended to be confidence-boosting. America is tough, we'll get through this, our fundamental assets - hard-working Americans, know-how, etc. - are still strong. He allowed it to be played as a gaffe, that was his mistake (because he really didn't "get it"). And yes, Obama hung it around his neck like a flaming tire. But a more skillful politician wouldn't have reacted with the above-referenced weeklong meltdown (also including a hastily staged White House meeting including Obama, arranged to save face for McCain, where he had nothing to say).
And to tell the truth, Obama has some of the same problem, connecting with average people and showing empathy for their distress, like Bill Clinton did, but that was not a factor during the campaign because contrasted with McCain, Obama looked like the one you'd want to have in charge: cool, calm and collected. But that doesn't make it a major gaffe when, for confidence-building reasons, he makes the case that our underlying economy is strong - even though he did demagogue the hapless McCain over a similarly aimed comment.
The biggest factor in the economy right now is consumer confidence, which depends on people expecting the future to be better than the past (as has been on the rise) so they will spend over the holidays, and that is what Obama is hoping to encourage. Sheesh, when he talked about the gravity of the crisis after he was elected, everyone said he was scaring everyone and spooking the stock market.
@momof3wildkids: If he hangs a giant banner that reads "WE FIXED THE ECONOMY" and unemployment stays at these levels for a couple years THEN its his "Mission Accomplished". Until then he just said that at the core America is strong and will get through this.
@momof3wildkids: I'm not assuming that. I'm simply stating what he is assuming. I never said I agreed with him (whether I do or not is for a different post) I'm just saying I disagree with you.
What I mean is there is a LARGE difference between hanging a banner off a ship that says "MISSION ACCOMPLISHED" in regards to Iraq, and Obama saying "The core of America is strong" in regards to the economy.
Mission accomplished is a statement that "We are done. We have accomplished what we set out to do." The equivalent, I believe, is if Obama hung a huge banner that says "ECONOMY FIXED" behind him during a press conference. He didn't do that.
@HeathenKiller: Thanks, you've left very little for me to say. The real analogy to Obama's statement would have been Bush's saying, "We will win this fight, because our service men and women are dedicated, strong, and brave," with a banner behind him that said, "Welcome Home, U.S.S. Abraham Lincoln". And if he had said that, I doubt he'd have caught any flak at all.
This nitpicky, zomg did he just make a gaffe?! style reporting was grating even then. Now it's doubly obnoxious. Can you really not recognize the contextual differences between a) a candidate blithely shrugging off what seemed, at the time, like impending economic armageddon and b) the President reminding a country weary from a year of financial stress that no, this isn't going to last forever--at the end of the day we still have the most powerful economy in the world bar none and the jobs will come back?
McCain said the worst thing possible at a traumatic moment in history. Obama is trying to coax everyone back to sanity in its aftermath. Sort of big distinction?
@flossy: Indeed. Saying it during a campaign is suicide. But if you land the job, you have to be part cheerleader and part pragmatist. Otherwise people will be jumping out of windows and standing in traffic in droves again. Or rather, doing it before the have to.
@flossy: Thank you for saying my thoughts for me very eloquently. Also, McCain couldn't remember how many houses he owned as foreclosures were snowballing. He said something like "I'm sorry people's real estate investments didn't work out for them." McCain's economic advisor, Phil Gramm, was the dick who deregulated the banks (and Enron) to begin with. Gramm was also the dick who said "Americans are whiners who are in a mental recession." His wife got $2 million bucks from Enron, he now works for UBS. You don't hear them whining about the economy, now do you? Time magazine rated Phil Gramm in the top 25 people who ruined the economy, I'd put him at a tie for number one with Ronald Reagan.
@flossy: Even John says it: "Obama is speaking at the beginning of an anemic recovery, when it makes sense for the president to adopt a boosterish stance. "
Yes, the unemployment situation is still horrible, but things are less worrisome in general; at the time of McCain's comment, I wasn't entirely convinced that the fundamentals were strong enough to resist what was coming.
Rhetoric and hyperbole from the Oval Office and in the comments here doesn't alter reality. McCain and Obama both came off sounding like Officer Barbrady. McCain's paid for his gaffe. To suggest that Obama is merely trying to soothe the nation is disingenuous. On the contrary he's advancing a political agenda, namely the desire to get health care reform passed. With the concern about costs for such reform front and center, it's an obvious point for Obama to take: we're on solid ground, we can afford and need to take this step. I'm not going to start a debate about health care reform but I do agree with the author of this post that the song remains the same. Both men were telling people what they wanted to hear.
Like I thought when McCain said it - he's right. The job of the President is to be our chief advocate, to point America forward along its path. Our fundamentals are our people, and our people are strong. But we aren't going to come out of this without hardship, and that's the message that Obama really needs to send. Once the money presses turn off and we properly account for our losses, we're in for a struggle - not an insurmountable one, but certainly a difficult one.
@i'm a bottle: His protege Palin is still insanely going on about cutting taxes. Two months after the economic collapse she was still babbling about cutting taxes on the wealthy. Then someone pointed out to her than nobody really gives a fuck about the weary wealthy anymore, so she changed it to cutting taxes on "small business owners." Thanks, Sarah, I used to be a small business owner until Republicans ruined the economy and wiped me out. What kind of complete IDIOT would think you cut taxes after you've run up a massive deficit? Probably the same sort of IDIOT who thought that you pay for two wars by cutting taxes on the wealthy. It was obvious to me before the economy collapsed that there was going to be a tax increase on the way due to all of Bush's ridiculous financial moves. Anyone remember Greenspan warning that if we didn't cut taxes on the wealthy we risked paying off the deficit too soon? Ha, it's funny, because it's so UNtrue.
Well, the right will probably pick Obama apart for saying it, but let's also keep in mind that McCain said the economy's healthy a week before the stock market began its freefall. Then he suddenly decides that he should give a fuck, after which he "suspends" his campaign to participate in bailout talks. It looked supremely manic. This chain of events was more damning than any single quote.
"The fundamentals [of the economy] are sound in the sense that the American workers are sound, we have a good capital stock, we have good technology." -- an actual quote from the White House, March, 2009 (Christina Romer, specifically). This quote, which is far more similar to McCain's then the one you mentioned, had such a huge political impact that you didn't even mention it in your post.
Anyway. No Republican is going to hit him over the head for saying "There are core strengths to the American economy that will put us in good stead over the long term," because you know what core strength he's mainly talking about? Capitalism. Yeah.
Usually you're my favorite writer here, John, but this post seems really off base.
But it kind of is. The market rebound has been sort of shockingly amazing. I have made a fuck ton just investing in a boring index fund this year. Best use of that tax return ever.
@Trulymadlyme: I agree. When McCain made that statement, there was concern the worldwide financial markets might collapse. Lehman Brothers had just filed the largest bankruptcy in U.S. history. Truly fundamental aspects of our economy were on the verge of being wiped-out. That scared me in ways that these unemployment figures don't. Doesn't mean the economy is fixed or that I'm feeling oh-so confident about my economic future, but circumstances don't seem quite as apocalyptic as they did a year ago.
@Trulymadlyme: That's cool if you have a job. The point of the article is that a whole lot of people are unable to take any part in this recovery, because they can't find work. These kinds of statements can be made to seem very indifferent to those hurting in the recession. Who cares that you can't find work? At least my 401K has bounced back. Ugh.
@HelenofPeel: Well I did cash out a healthy chunk to buy a car and spend on various random things. I do "stimulate" the economy by shopping in my neighborhood and spending money in my own community. I'd like to think I've at least kept a few bar tenders from being laid off.
He doesn't need to write a book about her - just do an interview on TDS disputing her claims.
I used to be the biggest fan of McCain. But the fact that he gave birth to this monster (Palin) will forever stain my fondness for him and what he's done in politics.
Hit the rewind button to August 24th, 2008. McCain is vetting VP candidates. Steve Schmidt mentions Palin. Ideal scenario, McCain responds with, "Who the fuck is that?" "Oh, she's the Governor of Alaska, Senator." "What the fuck has she done?" "Well, she's a former local news anchor who barely graduated with a BA in Journalism from the University of Fucking Idaho. She was Mayor of Podunk-Wasilla for a few years and now has been Governor for two. Her political career so far has been noted for ethics violations, questionable spending habits on the public dime, sponsoring a bill that allows hunters to shoot wolves from helicopters, and building a gas pipeline. She shits out kids like there's no tomorrow and is generally an idiot." "Fuck-in-A, Schmidt. Are you TRYING to lose this thing for me? Get Lieberman on the phone. We're gonna go bi-partisan on this thing from here on out. Fuck Sarah Palin"
11/24/09
But! His comment wasn't "thoughtless." It was intended to be confidence-boosting. America is tough, we'll get through this, our fundamental assets - hard-working Americans, know-how, etc. - are still strong. He allowed it to be played as a gaffe, that was his mistake (because he really didn't "get it"). And yes, Obama hung it around his neck like a flaming tire. But a more skillful politician wouldn't have reacted with the above-referenced weeklong meltdown (also including a hastily staged White House meeting including Obama, arranged to save face for McCain, where he had nothing to say).
And to tell the truth, Obama has some of the same problem, connecting with average people and showing empathy for their distress, like Bill Clinton did, but that was not a factor during the campaign because contrasted with McCain, Obama looked like the one you'd want to have in charge: cool, calm and collected. But that doesn't make it a major gaffe when, for confidence-building reasons, he makes the case that our underlying economy is strong - even though he did demagogue the hapless McCain over a similarly aimed comment.
The biggest factor in the economy right now is consumer confidence, which depends on people expecting the future to be better than the past (as has been on the rise) so they will spend over the holidays, and that is what Obama is hoping to encourage. Sheesh, when he talked about the gravity of the crisis after he was elected, everyone said he was scaring everyone and spooking the stock market.
11/23/09
This could be Obama's "Mission Accomplished" moment -- pretty risky given the employment numbers
11/23/09
11/24/09
#tips
11/24/09
11/24/09
#tips
11/24/09
What I mean is there is a LARGE difference between hanging a banner off a ship that says "MISSION ACCOMPLISHED" in regards to Iraq, and Obama saying "The core of America is strong" in regards to the economy.
Mission accomplished is a statement that "We are done. We have accomplished what we set out to do." The equivalent, I believe, is if Obama hung a huge banner that says "ECONOMY FIXED" behind him during a press conference. He didn't do that.
11/24/09
11/23/09
11/23/09
This nitpicky, zomg did he just make a gaffe?! style reporting was grating even then. Now it's doubly obnoxious. Can you really not recognize the contextual differences between a) a candidate blithely shrugging off what seemed, at the time, like impending economic armageddon and b) the President reminding a country weary from a year of financial stress that no, this isn't going to last forever--at the end of the day we still have the most powerful economy in the world bar none and the jobs will come back?
McCain said the worst thing possible at a traumatic moment in history. Obama is trying to coax everyone back to sanity in its aftermath. Sort of big distinction?
11/23/09
11/23/09
11/23/09
We're not in the aftermath. I think the statements are similar. But I agreed with McCain then, and I agree with Obama now.
11/23/09
Yes, the unemployment situation is still horrible, but things are less worrisome in general; at the time of McCain's comment, I wasn't entirely convinced that the fundamentals were strong enough to resist what was coming.
11/23/09
11/23/09
11/23/09
11/23/09
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11/23/09
Anyway. No Republican is going to hit him over the head for saying "There are core strengths to the American economy that will put us in good stead over the long term," because you know what core strength he's mainly talking about? Capitalism. Yeah.
Usually you're my favorite writer here, John, but this post seems really off base.
11/23/09
11/23/09
Hey, the man is just buffing up the fitness sector by giving a subliminal pitch for the Ab Roller Plus.
11/23/09
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11/17/09
I used to be the biggest fan of McCain. But the fact that he gave birth to this monster (Palin) will forever stain my fondness for him and what he's done in politics.
Hit the rewind button to August 24th, 2008. McCain is vetting VP candidates. Steve Schmidt mentions Palin. Ideal scenario, McCain responds with, "Who the fuck is that?" "Oh, she's the Governor of Alaska, Senator." "What the fuck has she done?" "Well, she's a former local news anchor who barely graduated with a BA in Journalism from the University of Fucking Idaho. She was Mayor of Podunk-Wasilla for a few years and now has been Governor for two. Her political career so far has been noted for ethics violations, questionable spending habits on the public dime, sponsoring a bill that allows hunters to shoot wolves from helicopters, and building a gas pipeline. She shits out kids like there's no tomorrow and is generally an idiot." "Fuck-in-A, Schmidt. Are you TRYING to lose this thing for me? Get Lieberman on the phone. We're gonna go bi-partisan on this thing from here on out. Fuck Sarah Palin"
Again, ideal scenario. #sarahpalin
11/17/09
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11/17/09