why does mccain continue to say the economy is "stable"? with a 6.1% unemployment rate?

cause hes a republican.

all that republicans do are talk nonsense.

Well, I think he was looking at the Payroll reports, Real Wage differentials over the last 8 years, and the fact that we've overcome the Trade Deficit by [Finally] exporting more than we are importing. All of those still signify that the Economy is stable. There's a gold mine of information over on the St. Louis Federal Reserve Bank site. I'll drop the link below for the heck of it. Pay close attention to the Economic Data for the past 8 years, too. The results of Real Wages and Payrolls is pretty interesting.

Unemployment in France is 8 percent, and is higher in most European countries compared to the US. I mention this, because you seem to insinuate that the assertion that the economy is stable cannot be combined with an unemployment rate of 6.1 percent. I would rather say that the economy is unstable because of the false anti market forces imposed by government regulation. Social Security and medicare are unfunded entitlements. Banks are forced by law to make unsound loans, or risk litigation by government lawyers enforcing anti redlining statutes. Landowners are forbidden from using their land by environmentalists that lobby politicians with far greater cash than a landowner has, what is the point of trying? Phil Graham was right, Americans are complainers. The glass is half full, we have a 93.9 percent employment rate, now we need to reverse the scourge of an illegal and corrupt federal entitlement nanny state.

Because McCain has lived through periods of 8+% unemployment and the Jimmy Carter economy, unlike the young of today who have been spoiled with historically low rates of inflation and unemployment throughout most of their lives.

The young do not know how good they have had it. Just wait until you experience the next 20 years. Surely, these recent times will look quite good in comparison.

You would too if you're in the 6 figure salary range.

Get real people .. the people that are elected into office rarely feel the masses pain hence the continue status of the countries economy, when the voter registered average Joe get some sense and logical and join forces to make a change only then will you see a real change and not before.

Because Republicans aren't about taking responsibility for anything.

Indymac collapsed, Freddie mac and Fannie Mae would have if the government wouldn't have taken them over.

Washington Mutual is heading down the same slippery Republican economic slope.

it isn't stable. It isn't becoming stable. And McCain isn't going to do squat to stabalize it because he plans on expandin NAFTA so even more jobs head over seas.

Notice how Republicans have been claiming the economy was in great shape, until the rich started feeling it?!

The McCain campaign has yet to come up with anything original. it appears his Bush advisers and lobbyists are slipping. Those running the McCain campaign think their constituents are such morons as not to notice. McCain himself admitted to not understanding economic issues.He is so far removed from the everyday lives of U.S. citizens. I wouldn't expect him to say anything different. I see people here trying to compare these times to others. These aren't those times. And it is not comparable. Just another duck and dodge tactic. Instead of admitting what is real. We aren't Europe either.

whip - just FYI, high unemployment rates aren't a good thing.

And for those who say "Well what about Clinton", yes - what about Clinton? The unemployment rate when he got into office was over 7% and when he left it was 4%, the lowest in almost 30 years.

And for the idiot who said France has a 66% unemployment rate - no, it's 8.7%. Nice job pulling numbers out of nowhere though.

Looking at the last time the Democrat's ran all areas of government under Jimmy we had 13.5% inflation with 7.0 % unemployment. Looking at that past i would say we are not as bad as we were.Remember he did not have the housing institution lending out money for mortgages that people could not afford. Oh I forgot that was Bush's fault right!.

McCain's not my favorite guy and our economy is hurting now, but it is still pretty stable. We don't have wild fluctuations in prices or even stocks like other countries do. Our unemployment rate has gone up, but not dramatically at any given time. So, if you compare us to other countries, we are quite stable and still doing well. But, compared to ourselves over the last fifteen years or so, we are doing poorly.

Because he lives in one of his 7 homes and doesn't have to worry about stuff like that. He could end up representing people that he doesn't even care about. McCain will neglect the American Public just like his buddy George Bush.

Vote NO to McCain 08'