McCain: Economy is in recession
John McCain has dropped the 'R' bomb.
At an Associated Press forum in Washington, D.C. Monday, the Arizona Republican senator said that he believes the country is in a recession.
“Americans are hurting today,” McCain said at an Associated Press forum, according to a transcript of his remarks in The Hill. “These are very, very tough times in America.”
"While McCain, the presumptive Republican presidential nominee, said he thinks the country is in a recession," the paper adds, "he noted that he is more worried about helping people who are facing 'enormous challenges,' rather than figuring out what the technical definition of a recession is.
McCain recently made news when he said he didn't think troubled homeowners should be bailed out, but later reversed his position amid criticism.
More of McCain's comments during the forum appear on video below -- including his responses to questions on a journalist shield law, and on his age, during which he pretends to fall asleep.
This video is from CNN.com, broadcast Apr. 14, 2008.