I still believe the fundamentals of our economy are strong. Senator John McCain endured a round of media scorn, and, ultimately, electoral defeat after he uttered those words on August 20, 2008 (and when he doubled-down on them nearly a month later). After all, the world was in the throes of the early stages of the Great Recession and Americans were feeling anything but strong. Now, nearly a decade on, McCain’s words make sense, and he is widely regarded as having been correct: the structural foundation upon which the American economy is built is indeed strong. Our economy is so strong that it grows and facilitates prosperity despite political calamity. Indeed, during the past 100 years, a
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Glenn D. Surowiec
Registered Investment Advisor
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