A good article from Paul Craig Roberts in VDARE. McCain’s top economic advisor, Phil Gramm, has this to say about the American economy:
The Times said Gramm said he expects a McCain administration would inherit an economy “weighed down above all by the conviction of many Americans that economic conditions are the worst in two or three decades and that America is in decline.”
The Times quoted him as saying: “You’ve heard of mental depression; this is a mental recession. … We have sort of become a nation of whiners. …
“You just hear this constant whining, complaining about a loss of competitiveness, America in decline. … We’ve never been more dominant; we’ve never had more natural advantages than we have today.”