Errm, Another Last Reminder Of Bushenomics

GDP officially contracted by 0.3% for 3rd quarter. Remember, that's all BEFORE most of the bailout. Steve Benen makes the point about what this means for the last 6 days:

The McCain campaign, presumably with a straight face, issued a statement that argued Barack Obama, by moving the country in an entirely different economic direction, "would accelerate this dangerous course." The McCain campaign added, Obama is "change Americans cannot afford."

I have to admit, this is rather amusing. The economic policies of the last eight years clearly haven't worked. Obama is offering a new approach. McCain's argument, in effect, is that we need to stick with what we know has already failed. If can only keep doing what Bush has done, and wait for it to start working, everything will work out fine. Indeed, we "cannot afford" to go in a different direction.

Why anyone would find this persuasive is a mystery.

22% of America still believes Bush and his policies are fine, remember?