“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.”
Of course, John McCain quickly distance him from the comments saying Gramm “does not speak for me – I speak for me.”
I look for McCain to more than likely fire Gramm over the comments. I would have embraced the comments, which is why I will never be elected for anything. Gramm is absolutely right. We are in a “mental recession”
By book definition a recession is a decline in a country’s real gross domestic product or negative real economic growth, for two or more successive quarters of a year. We have been close, but we are not there yet.
However the media and politicians have been successful in making people believe we are in a recession. So in this case, perception has become reality even though the textbook definition has yet to happen. It is a “mental recession.”
We have become a country of whiners, because all of a sudden we can’t afford Starbucks in the morning and it is hard times! We need the government to fix it!
However the media and politicians have been successful in making people believe we are in a recession. So in this case, perception has become reality even though the textbook definition has yet to happen. It is a “mental recession.”
We have become a country of whiners, because all of a sudden we can’t afford Starbucks in the morning and it is hard times! We need the government to fix it!
Go to Afghanistan and see how people live. The poorest of the poor in America never had it so good compared to some other places. Yet, they moan, whine and sob about how bad they have it, and then vote for a politician who tells them they will make it better instead of going out, taking advantage of the freedom to make it better on your own.
Yes, I will agree we are a “nation of whiners” as well
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