Do they make rose-colored bi-focals?

Hopefully you all remember a moment back in January when Sen. McCain said; "The issue of economics is not something I've understood as well as I should."

He wasn't just whistling Dixie… he REALLY doesn't understand economics, as evidenced by a quote from him this morning after the Dow Jones industrial average dropped 300 points, Lehman Brothers announced they were filing for bankruptcy and Merrill Lynch was forced to sell itself.

McCain; "… the fundamentals of our economy are strong."

Really? They're strong?

It didn't take McCain long to start back-peddling as he tried to amend his words later today by redefining the word "fundamentals", saying; "The American worker and their innovation and their entrepreneurship, the small business, those are the fundamentals of America and I think they're strong."

See what he did there? He's redefined the words he used so now if you say there's something wrong with the economy, you're insulting the American worker…

Very Rovian tactic there… redefine, then offer sound bite after sound bite that you're the only one able to fix the economy.

How? I'd like to know how exactly he's going to fix it…after all, his economic policies aren't any different than Bush's policies… and it's Bush's policies that ignited this economic slowdown in the first place.

Moving the goalposts every time your rhetoric doesn't fit the facts is insulting to our intelligence.

Tell me Mr. McCain; if the fundamentals are strong, why is the dollar so low?
Why is unemployment increasing?

Why is the trade deficit increasing?

Entrepreneurs and small businesses are getting screwed with their pants on in today's economy as they're less likely to be able to afford health insurance for themselves and their workers or compete with the Big Box stores that enjoy tax breaks and the like,

Obama's campaign jumped on McCain's slip-up, issuing a statement that says; "Today of all days, John McCain's stubborn insistence that the 'fundamentals of the economy are strong' shows that he is disturbingly out of touch with what's going in the lives of ordinary Americans. Even as his own ads try to convince him that the economy is in crisis, apparently his 26 years in Washington have left him incapable of understanding that the policies he supports have created an historic economic crisis," said Obama campaign spokesman Bill Burton."

Oh, and by the way… the Dow closed 500 points lower this afternoon, its worst point drop in seven years.

So tell us again Mr. McCain… how is the economy ‘strong’?