"I say that the fundamentals of our nation's economy are strong..." said President Bush last September. (He's said a similar thing many times.)
The President has told many whoppers over the last 7+ long years, but that one may well be the biggest.
In fact, it's exactly "the fundamentals" that are broken, thanks in large part to his action and inaction. With median income actually declining since the start of his presidency; health insurance prices up 75%; gas prices up 100%; college tuition up 50%; food prices up drastically in the last 2 years (yet magically--no inflation!)...
A crumbling infrastructure; dwindling funds for student loans; a negative savings rate; a deteriorating industrial base; a growing deficit; a growing separation of wealth...
A stagnant stock market; a bursting real estate bubble; and endless war providing the necessity for larger and larger signing bonuses and the use of high-paid contractors and mercenaries...
What "fundamentals" is it possible he is referring to?