McCain Quote Is Similar to Herbert Hoover Quote

by: Mike Caulfield

Mon Sep 15, 2008 at 23:38:07 PM EDT

"The fundamental business of the country is on a sound and prosperous basis."

"Our economy I think, still, the fundamentals of our economy are strong."

-- John McCain, today

I saw Krugman mention offhand on Olbermann that McCain was channeling Hoover, so I went looking for the relevant quotes. I'm not sure if this is what Krugman was referring to, or if others have dug it up yet. I'm assuming they have. It's not hard to find.

I think it's interesting that despite the slight phrasing difference, the point is essentially the same. We're not going to change policy because of financial disasters. We're going to stay the course. The same course that got us here.