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September 10, 2004

Stump gem: Cheney's stupid economy

If you can't make money in Bush's economy, it's your own f#@%ing fault:

Indicators measure the nation's unemployment rate, consumer spending and other economic milestones, but Vice President Dick Cheney says it misses the hundreds of thousands who make money selling on eBay.

"That's a source that didn't even exist 10 years ago," Cheney told an audience in Cincinnati on Thursday. "Four hundred thousand people make some money trading on eBay."

So right. People selling second-hand wares at an online flea market is a sign of good times. In the old days, the economically challenged had to peddle Grandma's flatware on street corners.

Cheney serves up a meatball, Edwards hits it out:

Democratic vice presidential candidate John Edwards responded that Cheney's comments show how "out of touch" he and President Bush are with the economy.

"If we only included bake sales and how much money kids make at lemonade stands, this economy would really be cooking," Edwards said in a statement.

TAPPED: "But now here's the thing--as Brad DeLong notes we actually do include eBay's domestic revenues in our economic statistics."