McCain on economy: 'It's hard and it's tough'
Republican White House hopeful Sen. John McCain seemed at a loss for words today in discussing the declining state of the American economy, particularly in regard to the home loan crisis.
Appearing on Fox News' Your World, McCain was asked by host Neil Cavuto about 'light at the end of the tunnel' for embattled U.S. homeowners.
McCain replied, "Look, I'm not--you know--there's a lot smarter people that are gonna come on your program and spend every 24/7 on this--but I think there are some states--I know there are some states where conditions are better. ... I think we're headed in the right direction. ... But it's hard and it's tough."
The Arizona senator, promoting a recent proposal of his, also said that eliminating the gas tax could be a psychological boost for Americans. "Let's have some straight talk: it's not a huge amount of money, but it might be nice [for them] to be able to save a few bucks..."