July 10, 2008: Gramm calls slowdown ‘mental’ (Politico)

  • Obama campaign spokesman Bill Burton shot back: "[T]he American people know that our economic problems aren’t just in their heads. They don’t need psychological relief, they need real relief. And that’s what Barack Obama will provide as president."
  • Karen Finney, the Democratic National Committee’s communications director, said: “What John McCain, George Bush, Phil Gramm just don't understand is that the American people aren't whining about the state of the economy; they are suffering under the weight of it — the weight of eight years of Bush-enomics that John McCain and Phil Gramm have vowed to continue.
  • “How dare john McCain and his advisers so callously dismiss the challenges the American people face? No wonder voters feel John McCain is out of touch. He and his campaign don't even understand the everyday issues Americans are dealing with.”