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McCain's Psychological Problem McCain's Psychological Problem
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Old 07-01-2008, 10:13 AM
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Default McCain's Psychological Problem
McCain displays his admitted lack of understanding of the economy again this week.

Already on record as saying the problems with economy are "psychological" McCain was confronted with the fact that his offshore drilling plan wouldn't affect gas prices for years, and even then, only minimally, he stated it would have the "psychological" impact he thinks would help.


Our energy dependence is a very real, material problem.

I'm thinking the psychological problem is McCain's.
Last edited by f0ca1; 07-01-2008 at 10:14 AM.
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Old 07-01-2008, 10:19 AM
hendrixpujols11 hendrixpujols11 is offline
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Originally Posted by f0ca1 View Post
McCain displays his admitted lack of understanding of the economy again this week.

Already on record as saying the problems with economy are "psychological" McCain was confronted with the fact that his offshore drilling plan wouldn't affect gas prices for years, and even then, only minimally, he stated it would have the "psychological" impact he thinks would help.


Our energy dependence is a very real, material problem.

I'm thinking the psychological problem is McCain's.
Do you have a link to a video of him saying that or something? Or the context?
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Old 07-01-2008, 10:22 AM
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Originally Posted by f0ca1 View Post
McCain displays his admitted lack of understanding of the economy again this week.

Already on record as saying the problems with economy are "psychological" McCain was confronted with the fact that his offshore drilling plan wouldn't affect gas prices for years, and even then, only minimally, he stated it would have the "psychological" impact he thinks would help.


Our energy dependence is a very real, material problem.

I'm thinking the psychological problem is McCain's.
you are clearly the one *EDIT* whose feet I should be learning at! Consumer confidence drives many key economic indicators. Consumer confidence is pyschological! Are some of the underlying causes real and tangible? Yes, but McCain never said that they weren't!

EDIT: I ASPIRE TO YOUR WISDOM!
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Old 07-01-2008, 10:23 AM
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Originally Posted by hendrixpujols11 View Post
Do you have a link to a video of him saying that or something? Or the context?
http://www.nytimes.com/2008/06/25/us...5campaign.html
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Old 07-01-2008, 10:24 AM
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Consumer confidence is pyschological!!

Right, it has nothing to do with gas prices, or anything to do with reality.

It's all a make-believe world with gum drop houses on lolipop lane.

Grow up.
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Old 07-01-2008, 10:27 AM
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Consumer confidence drives many key economic indicators. Consumer confidence is pyschological! Are some of the underlying causes real and tangible? Yes, but McCain never said that they weren't!
that cheerleading made me think of a word which needs to be coined:
sycophrant
Last edited by catzmeow; 07-01-2008 at 02:12 PM. Reason: thread continuity.
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Old 07-01-2008, 10:43 AM
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that cheerleading made me think of a word which needs to be coined:
sycophrant
Cheerleading? just read some books on economics! You can read...right?
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Old 07-01-2008, 11:59 AM
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just read some books on economics!
Cite one that says gas prices are affected by psychology.
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Old 07-01-2008, 12:03 PM
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Originally Posted by f0ca1 View Post
Cite one that says gas prices are affected by psychology.
Heavy Sigh....where did I allege that they are? I didn't so cut the crap!
Consumer confidence is what drives the stock market, and the stock market is what a lot of people consider the bellewhether of the economy, although it really isn't or shouldn't be.
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Old 07-01-2008, 12:05 PM
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Originally Posted by Whaler17 View Post
Consumer confidence is what drives the stock market, and the stock market is what a lot of people conmsider the bellewhether of the economy, although it really isn't or shouldn't be.
So, you're not really saying anything, at all.

Why is consumer confidence so low? Is it because of "psychology," are people "crazy" or is it because of high gas prices, and the falling value of the dollar?
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