Let's see? The people who were right about it knew because they understood something you don't?
Not to defend Cain, but there were some misunderstandings (and spin) in that interview.
When Cain said he was listening to the media about the economy, I guarantee that he was listening to Larry Kudlow. That was back in the days when Kudlow spent every single day disputing that there was any problems or bubbles at all in the economy. It was the "Goldilocks economy", and we had "King Dollar" and Alan Greenspan was "the Maestro". He would have Peter Schiff on his show, and he and his cohorts would make fun of him.
The media was almost unanimously in denial about any problems, which makes Chuck Todd's assertion that the media was "right" completely wrong. Ron Paul and Peter Schiff were complete outsiders, and if they were mentioned by the media, it was to ridicule their positions.
I spliced this together quick!
Herman Cain 2012
"I Have People"
Not to defend Cain, but there were some misunderstandings (and spin) in that interview.
When Cain said he was listening to the media about the economy, I guarantee that he was listening to Larry Kudlow. That was back in the days when Kudlow spent every single day disputing that there was any problems or bubbles at all in the economy. It was the "Goldilocks economy", and we had "King Dollar" and Alan Greenspan was "the Maestro". He would have Peter Schiff on his show, and he and his cohorts would make fun of him.
The media was almost unanimously in denial about any problems, which makes Chuck Todd's assertion that the media was "right" completely wrong. Ron Paul and Peter Schiff were complete outsiders, and if they were mentioned by the media, it was to ridicule their positions.
Epic fail. Ron MUST bring this up in the next debate.