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(CNN)– Senator John McCain talked economy Monday and tried to prove he would be better for the country's jobs than Barack Obama. In the latest installment of CNN=Politics Daily, CNN's Jessica Yellin reports on the presumptive Republican nominee's plans to help the troubled economy.

Meanwhile, Obama had some plane trouble Monday when his plane was forced to divert to St. Louis instead of the scheduled campaign trip to North Carolina. CNN's Miles O'Brien has the details.

One of McCain's economic policies entails balancing the balancing the budget within four years. Senior Political Analyst Bill Schneider looks into why this is a priority for the Arizona senator with the economy in a recession.

Plus: John Kerry was painted as a flip-flopper during his run for president. Now, he is working to put the same name on McCain. CNN's Dan Lothian reports on whether it's sticking.

Finally, President Bush met for the first time with the newest Russian President Medvedev at the G-8 summit. White House Correspondent Elaine Quijano reports from Japan on what happened during the meeting of the world's major industrialized democracies.

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