July 7, 2008
Posted: 03:55 PM ET

From
Clinton and Gore benefited by the country's poor economic conditions in 1992.
Clinton and Gore benefited by the country's poor economic conditions in 1992.

(CNN) – It's the economy, stupid — again.

A new survey from CNN and the Opinion Research Corporation suggests Americans are nearly as pessimistic now about the state of the economy as they were in 1992 — the year Bill Clinton defeated then-President George H. W. Bush by running a campaign focused largely on America's economic woes. (More from CNNMoney.com)

According to the new poll, three-quarters of all Americans think the country is going through a recession, and a majority thinks it will last at least a year. Close to a quarter of Americans expect it to last more than two years.

Read full poll results [PDF]

The technical definition of a recession is two or more quarters of negative economic growth. This has yet to happen, though many notable economists, including former Federal Reserve Chairman Alan Greenspan, have said an actual recession is likely. Other economists say factors including skyrocketing gas and energy prices, six consecutive months of job losses, and the rise of home foreclosures have led to the worst economic conditions during a presidential election since perhaps 1980.

Americans' views toward the economy are similar to those 16 years ago, when the country experienced an official recession and voters largely blamed former President Bush at the ballot box. In a CNN/USA Today/Gallup poll taken two months before the 1992 election, just under 80 percent of Americans said the country was a in a recession.

In both the 1980 and 1992 elections, poor economic conditions led voters to overwhelmingly reject the incumbent party, a trend that appears to disadvantage the Republican presidential presumptive nominee.

“Whenever a solid majority of voters says the country is in a recession, it is bad news for the party holding the White House,” said CNN Senior Political Researcher Alan Silverleib. “Voters are in a sour mood and, if history is any guide, they are going to take out their anger on the Republicans. These numbers are a huge danger sign for John McCain.”

Watch: Obama, McCain talk economy

Recognizing the economy has firmly become the No. 1 issue on voters' minds — well ahead of the war in Iraq in recent opinion surveys — both candidates have increasingly stressed their plans to solve the country's financial woes. Both John McCain and Barack Obama are kicking off a week during which they will focus almost exclusively on the issue.

McCain will point to 300 economists backing his proposal, which calls for further tax cuts, increased trade, and his a presidential veto of excessive spending bills. He also plans to call for a balanced budget by the end of his first term.

“We must also get government's fiscal house in order," he will say, according to prepared remarks. "American workers and families pay their bills and balance their budgets, and I will demand the same of the government. A government that spends wisely and balances its budget is a catalyst for economic growth and the creation of good and secure jobs.”

Obama travels to North Carolina Monday to kick off a series of intimate campaign events that will focus on voter's economic worries as the Illinois senator courts working class voters, many of whom voted for Hillary Clinton in the party's presidential primary.

Filed under: Barack Obama • Hillary Clinton


IAMWMD   July 7th, 2008 3:26 pm ET

After all the lies that were told on me by the Republicans, I'm here to defend my good name or do I have to change it first to get posted?????

Obama 08

Obama not the one   July 7th, 2008 3:26 pm ET

Obama is not guy we need in the White House. McCain is a true blue Ameriican who will keep us safe here at home. He will be open to how to fix the economy from both sides of the isle. All Obama does is make speeches and walk around looking all smug and cocky. His ego is too much to take anymore. Come on guys, can you imagine 4 to 8 years of him. We will be totally ruined.

Doug Roberts   July 7th, 2008 3:26 pm ET

I would personally rather see Barack Obama in office rather than John McCain but I don't think either one will be able solve the tremendous problems facing the U.S. I think we will see the complete and utter destruction of Empire America and I think it will go with a whimper, not a bang.

Its too bad that the rest of the world will be dragged down (somewhat) but in the end, we will be better off. The U.S. has become the most destructive force in modern history. Good riddance!!

Jose Card - Independent   July 7th, 2008 3:25 pm ET

I would like to hear a debate between Obama and McCain on our economy. Can they debate on one topic each time in any format?

DC   July 7th, 2008 3:25 pm ET

I don't think anyone that hasn't served in the armed forces should be allowed to to be Commander in Chief.

BlackAmMan   July 7th, 2008 3:24 pm ET

Very simple, McCain is the "real" man here. He plans on stopping all of the gov waste and spending what we don't have such as Obambi's plan to send the UN $845 billion of my hard earned money to feed and educate the world. Well let me tell you, I have 3 count them 3 Black American children of my own here in the USA to feed first. They are having a hard time even keeping up with their own grades. We don't even plan college in our household. I work 50 hours a week just to keep them in a home and food on the table. Give me a break, how the heck can I feed Africa? Obambi wants my kids to give their food and school to his Kenyans, I think Obambi should just crawl in a hole somewhere and leave my country alone. Every African I ever meet has a better education than my kids. What are they supposed to do, join gangs and destroy their lives just to feed Obambi's Africa? The American Black population needs to wake up. This dude wants to take what you have and give it all away. McCain is an American for Americans First.

THANK YOU JOHN MCCAIN FOR CARING ABOUT US…THE USA CITIZEN !!!

PRESIDENT JOHN MCCAIN 2008 !!!

C W, Beaverton   July 7th, 2008 3:24 pm ET

Dear David in Silver Spring,

You've hit the nail on the head, although I refer to it as "tinkle down" economics ….

JB   July 7th, 2008 3:24 pm ET

Jessica,

I believe the Congress has tried to end the "Enron" loophole that allows oil speculators to continue to drive up prices even when supply and demand have remained unchanged for the past year. McSame voted against this revision and Bush has threatened to veto.

Mike in NYC   July 7th, 2008 3:23 pm ET

Pamela wrote:

"McCain still doesn't seem to understand that the largest 'excessive spending' issue right now is the war in Iraq!"

Personally, I was/am against the war in Iraq, but liberals really do need to expand their range of outrage. Iraq, Iraq, Iraq, Iraq, ….

The war is costing about $100 billion/year, but federal welfare expenditures are around four times that. Sure, much of that is necessary, but much isn't.

So let’s try to get beyond the snappy slogans, O.K.?

Nishikant Sheorey   July 7th, 2008 3:23 pm ET

"I like McCain's words in the second to last paragraph….
Words like that are very convincing!!
i don't know who to vote for!!"

Unfortunately, McCain doesn't know what the first step towards accomplishing that would be. He'll decrease government income by cutting taxes and continue to increase our spending by keeping us in Iraq. His talk about balancing the federal budget by cutting pork is nonsense, there isn't… what is it, like $600B in pork that he can cut over 10 years, like he'd need to. Obama actually has a sensible economic plan. And he is the only candidate I've heard even hint at the truth — that Americans have largely brought this on themselves by spending more money than they have for decades, and favoring those who move money from one column to another on a spreadsheet instead of those who actually produce something that people can use.

Be Real, RI   July 7th, 2008 3:23 pm ET

It is pathetic to see CNN in Obama's back pocket, kissing his feet along the way. Just looking at the headlines of this blog, it's Obama, Obama, Obama, Obama, McCain, Bush. Obviously, who do you think the people at CNN are for? Talk about trying to control an election.

Matthew, Philadelphia, PA   July 7th, 2008 3:22 pm ET

Obama is no Bill Clinton. He's more of a Jimmy Carter. His inexperience will prove to be his undoing. He'll fail to get reelected and the Democratic Party will suffer for years to come.

Orange County   July 7th, 2008 3:22 pm ET

We have a lot of people out here who would rather KEEP the SAME policies than go for CHANGE. Ya'll know who you are the ones with the small BRAINS.

Steve   July 7th, 2008 3:21 pm ET

McCain is giving us a lot of blah, blah, blah about his fixes to the economy. Most of his "fixes" are just putting a bandaid on a gaping wound. He has no real plan. He has been in the senate for decades, and his voting record is one that is very clearly pro-wealth, pro-business. The "for the people" attitude he has adopted in the past 15 minutes is NOT ANYTHING like his positions during his tenure as a senator. He is clearly pandering to get votes. His own inability to run a fiscally responsible campaign is a small sample of what his administration would be like.

Obama may be new to the game, but he has shown an ability to manage his finances, organize large groups of people, and get things done. McCain has shown an ability to blow a lot of hot air. Hot air won't run a country. My vote goes to Obama (or Hillary, or my dog, if he runs against McCain).

Kris from AZ   July 7th, 2008 3:21 pm ET

In response to Marie. MCcain said we need live within our means. I can repesct that saying ..however MCcain is not going to do that because this war is taking away from our economy. If you think this does not affect it you are so mistakenly wrong. Who is going to pay for this war? Me and you. With MCcain he is just going to make the war bill BIGGER. Our economy is being crippled. Think about it.

As for the independant voter. You wish you had a canidate that was worth somthing. That is an insult to compare Obama to Hitler.

r sisk, nevada   July 7th, 2008 3:20 pm ET

Once again, the democrats will take over a get things back on track. Then another loser GOP administration will get in and screw it all up again……A vicious cycle.

Chuck3011   July 7th, 2008 3:20 pm ET

There is a problem with the premise of this entire article. It ignores Ross Perot. Bill Clinton won in 1992 with less than half of the voters voting for him (Only 43%). Ross Perot picked up 19%, a large portion of which had been Bush supporters. Had Perot not been in the mix the race would have definately been much tighter with Bush possibly winning. This year we do not have any 3rd party candidates with the sway Perot had then and the two main 3rd party candidates we do have (one conservative- Barr, and one liberal- Nader) will probably siphon votes equally. I wouldn't get too comfortable if I were Barack. This will be a very close election and will come down to the line as it did in 2000 and 2004 (and just as it would have in 1992).

McLIES!   July 7th, 2008 3:20 pm ET

McLies

McShame

McWar

McGrampa

McCan't use a computer

McPanderer

McBush

Laura   July 7th, 2008 3:20 pm ET

What about the Democrat controlled Congress? Where have they been? We all know that the Congress technically has more power than the President. Why haven't they done something? I mean, two years ago, gas prices were what, a little over $2. Where have they been all this time?

__________________________________________________
I agree with Jessica. Bill Clinton was able to work with the Republican Controlled Congress in the 1990's despite his personal problems. I think that putting Obama in the white house with an all democrat congress would not have the necessary urgency that we NEED!

I don't agree with McCain on a lot of issues but at least he is talking about said issues and not worrying about whether or not he will fill a stadium with 70,000 vs 20,000 people. Egotism is not what is needed. Humility, strong leadership and solid solutions are what is needed.

I was a Hillary supporter who will be looking to McCain for the answers.

Orville   July 7th, 2008 3:19 pm ET

McCain means more of the same and that, in part, is what got us into our current economic problem…Republicans in Washington are quite obviously afraid of big business, look at the profits the oil companies are earning and the tax cuts that we have given to business. This trickle down theory is BS. No one to date has proven that the theory works. Someone needs to show me SOLID PLAIN SPEAKING PROOF! I no longer will be patient with more rhetoric from the current administration, I no longer want to hear platitudes and more generalities. Statements like, it will work out in due course once we "tighten our belts" just is not good enough. I have faith in people but not with the current policies of the administration….I want to see PROOF!!!…Obama has minimal experience, granted. But I know that he will surround himself with the necessary advisers and strategists that will bring about change…I don't want more of the same nonsense that got us into this mess. …the war and its required expenses is a major problem. When in US history have we given tax cuts when we are war? Only once and we can thank Mr. Bush for that. McCain wants more of this…I say no way!…I want change and Obama is the best hope we have.

Matt, Manchester, CT   July 7th, 2008 3:19 pm ET

Genius observation. If that logic had held true, we would have had either a President Gore in 2000, riding on the deflating balloon of the Clinton administration at the time. As we saw, a good economy at the time did not give Gore a huge popular vote majority, say 5-8 points as it should have – and it won't spell doom for McCain no matter how much you Obama zombie idiots wish.

Will   July 7th, 2008 3:18 pm ET

No more Republicans in any worthwhile office! They are the most vile creatures on the planet. I've worked with many and all they know is to get jobs for their incompetent friends (Michael Brown – FEMA). The rich have gotten more than their share. Anyone who thinks Bloomberg is great doesn't live in New York City. Republicans raise taxes more than anyone!

mike   July 7th, 2008 3:18 pm ET

How the heck does McCain plan on balancing the budget when he plans to continue to dump billions into Iraq in a hopeless war. If any one should have learned the lesson of Viet Nam you would think it would be an ex POW. I just don't understand the logic of the Republican party wanting to continue this obvious fiasco.

VB Lincoln Park NJ   July 7th, 2008 3:17 pm ET

I have to chuckle when ever the Repuglicans say that large government doesn't work, then they get into office and prove it!!

GOBAMA!!!

IAMWMD   July 7th, 2008 3:17 pm ET

It's the Republicans and George Dubya's fault for the mess we call an economy, due to the fact that Congress has only recently come under Democratic rule. Congress has been conbtrolled by Carl Rove, George Dubya's cronies and the Republicans for 6.5 of the last 8 years. George Dubya's and the Republicans elitist mentality has all but destroyed our way of living PERIOD.

It's been over five years and the Republicans haven't found the so called WMD's yet. I know that the WMD's are were big time Republican lies just like the so called Straight Talk Express is turning out to be.

OBAMA 08

Amy   July 7th, 2008 3:17 pm ET

Hmmm…. last week I believe polls were showing trouble for Obama and McCain was doing well.

Here's a thought – STOP POLLING UNTIL OCTOBER!!

BUSHED!!!!   July 7th, 2008 3:17 pm ET

New Yorker ……McCain has an economic plan. Obama's only plan is for his rock concert.
McCain 08
Substance over Hype
SUBSTANCE …….McWar……..SPENDING billions on an UNJUST WAR!!!
Obama 08/2012

terry,va   July 7th, 2008 3:17 pm ET

Why should McCain have more responsibility for the economy than Obama? Both were in the senate. Look at their economic policies and voting records and you see that McCain is a Capitalist and Obama is a Socialist or Marxist. Open your wallet for Obama.

bill   July 7th, 2008 3:16 pm ET

How does McCain think he's going to balance the budget when he wants the war in Iraq to continue? The war in Iraq is one of the major reasons the economy is faltering so badly.

Rufuss from Texas   July 7th, 2008 3:16 pm ET

Jessica said: "It's funny that people are pointing to Bush for ruining the economy. I mean, these are the same people that say we went to war in Iraq for oil and then turn around and blame him for the sky rocketing oil prices."

When will people realize Bush went to war in Iraq solely to INCREASE gas prices. $4/gal = MISSION ACCOMPLISHED!!!

Destabilize the middle east and Bush's oil buddies in Houston make record profits. Could it be ANY CLEARER???

Why do people have this crazed notion that Bush planned to scoop up Iraq's oil and hand it out for free to Americans? Follow the money!

Ed, Santa Fe NM   July 7th, 2008 3:16 pm ET

except that most GOP supporters are probably quite comfy financially…. GOP never cares about the economy in general… just themselves, corporate USA, and wars

psittacines   July 7th, 2008 3:15 pm ET

When a president's policy equates to making your greatest export product be bombs and bullets and grenades and such—which you just blow up–then the value of your economy goes down the tubes….no one in his right mind would base a national economy on something that costs billions to create, then is destroyed in a heartbeat….it makes a few corporations rich, but has no lasting value…:(

Texas Liberal   July 7th, 2008 3:14 pm ET

continued …
If McCain is elected, the nation will be in much worse shape in 2012.

Vig   July 7th, 2008 3:14 pm ET

Clinton left office with a surplus. Clinton never started a war. Clinton knew how to run a country and so does Hillary Clinton. Dump Obama – a wishy-washy know-it-all wannabe. Put Hillary on the November ballot as a write-in candidate. Take back the nomination.

Jose Card - Independent   July 7th, 2008 3:13 pm ET

I do agree that increased trade is good for us when US dollars are cheap.
But we have to be careful with how we trade with foreign countries.
If we only look at short term profits, we will sell ourselves out before it's too late, and it is getting late.

Spirit of America   July 7th, 2008 3:13 pm ET

In 1992 we had a third choice and nearly 20% of the vote went to Ross Perot. There really is no such third choice today due to the viciously repressive election laws making it next to impossible for a third party candidate to be on the ballot in all states, let alone win. Anyone with any sense has long ago realized that the Dems and Reps are merely two wings of the same bird of prey.

Ron Ft. Myers   July 7th, 2008 3:13 pm ET

The bottom line is simple, neither candidate will do anything they promise. The first words out of the next President will be,"It is a bigger problem than I thought, it will take another term." Anyone that thinks either candidate has a clue or is going to turn this economy around by taxing the rich, not taxing the poor, giving everyone healthcare,etc., is dreaming. I think that Bush is over the top when it comes to the war. I believe the money we are spending would be a much better investment by taking care of our own, but it is not the President nor Congress that caused all these investors to create the housing and oil problems. The politicians are all cut from the same cloth. Think about this, when the candidates tell you that all Americans should have the same healthcare plan that the politicians are enrolled in, it would also be nice to have the same pension plan; the one where they pay nothing into social security, yet make decisions as to what we taxpayers will receive. They are all hot air! I feel Obama will win, not because everyone is so warm and fuzzy about him, but by default, as people are sick of the economy.

Rick NC   July 7th, 2008 3:13 pm ET

I knew there was something familiar about the way I was feeling these days. It was the former Bush that made me feel this way and the son appears to be worse than the father. I guess ruining the economy is the Bush gift to the nation. You can't really blame it all on the Bush charisma though, I think it is more a republican gift.

Texas Liberal   July 7th, 2008 3:13 pm ET

Every Republican candidate for president since 1932 has promised to put the country's fiscal house in order. So far, not one of them has made an effort to do it except for Eisenhower, Nixon, and Bush (the good one). Why hasn't McCain had time to mention this issue between 1982 – when he was elected – and now? Why, if he is such a leader, didn't he try to persuade his Republican colleagues that they could try to balance the budget? Why didn't Reagan support a balanced budget like he promised? Why are Americans falling for that same lie that they have heard a thousand times before?

As for our economic recession, it is called a "discretionary recession" because our leadership CHOSE to have a recession. It could have been prevented. The national debt did NOT have to be pushed to $10 trillion. The Fed COULD have chosen to regulate banks that were giving housing loans under terms that were guaranteed to fail. The Congress COULD have cooperated with Jimmy Carter when he wanted to start working on the oil problem in the 1970s so we woudn't be having it now. And, we voters COULD have been a lot more intelligent than we have been.

The people who led us into this are now offering to lead us out of the "mess" caused by "Washington."

Only a fool could vote Republican this year. Obama may not become a great president, but he will at least be a good one. If McCain is

New Yorker   July 7th, 2008 3:13 pm ET

McCain recognizes that the President can only do so much. His proposals sound reasonable and in line with what i have always thought were Executive powers.
Obama promises things that are outside Presidential powers. When he says CHANGE, we should HOW and WHY. Obama will not have a congressional rubber stamp- he'll have opposition from Republican and Democrat alike. He should stop promising things that he cannot deliver.

McCain 08
Substance over Hype

YES WE WILL!   July 7th, 2008 3:12 pm ET

Obama 2008 + 2012

Substance and Judgement over bad experience and McLies!

TecumsehSherman   July 7th, 2008 3:12 pm ET

Hey Dave in Illinois,

How many dead Americans left till we can declare "victory" in Iraq?

Here are some questions to ask yourself:

Are the territorial boundaries of Iraq as currently constituted the "right" borders?

Should Iraq be allowed to fight a civil war as we were allowed to fight ours – free from international military involvement?

Do you honestly care about the fate of city-dwelling Muslims in any other country? If not, why are you so concerned with their safety in Baghdad and Mosul? What is your reason for caring?

What could the government do from a foreign policy, as opposed to military perspective to help counter the Wahhabist threat?

# of 9/11 Hijackers from Iraq: 0
# of 9/11 Hijackers from Saudi Arabia: 15

Based on those numbers, do you feel we are doing enough with Saudi Arabia to stop this threat where it actually begins?

Some people's focus on "winning" has no basis in history, and their understanding of the nature of the conflict shows a belief in a "boogeyman" rather than an understanding of the actual causes of world events.

BTW, Ron Paul 08!

Naomi, Texas   July 7th, 2008 3:11 pm ET

McCain does not have any solid provable ideas to fix the economy. He is suggesting an extention of what is already failing and despite what he likes to call experience he seems to lack the actual know how to get things done. He can't manage his campaign… the White House? No thank you! I think basic Economic theories should be emphasized in high school for those who think the Republican economic policy has worked of late or will work with McCain.

Arc   July 7th, 2008 3:11 pm ET

To Harry –

Solution please. What is your solution? You cannot simply say 'no more dependency on oil'. Give. A. Solution.

Or was that it? Stop buying oil? Just don't buy it any more? Is that what you're saying?

woodburn   July 7th, 2008 3:11 pm ET

There are two types of people, – intelligent, and not intelligent.. The non intelligent blindly voted for Bush, the intelligent will elect Barack Obama

Eric   July 7th, 2008 3:11 pm ET

The truth is John McCain have no clue how to fix the economy. He admitted that he has no idea about the economy. Which is why he spends so much time attacking Obama instead of presenting his idea. If his ideas were worthy, then he would be winning the favorablity statistics. He, like other republican candidates, is a sham.
He is too old to be president.

The republicans claim that a free market system, and a limited goverment is the key to a strong national economy. Too bad they would not impliment it even if there were all conservatives in the congress. Let us face the facts that the Republican party is a farce party. John McCain needs to stop before he ruins this country along with the rest of the republican party.

Chris K   July 7th, 2008 3:11 pm ET

Why can't all you republicans understand that the cost of the war in Iraq would feed every American child, pay for universal health care, and ensure social security is around for centuries?

Why don't you face the real issues. The real truth. And stop standing behind a shield of blind right wing patriotism?

It's time for America to stand AS ONE and fix it's problems.

Obama 2008

christine   July 7th, 2008 3:10 pm ET

this really shows that we should have democrats in the white house, because they are always lifting the economy all the time they take office remember bill clinton time for republicans to live this office, mccain wants to stay in iraq for 100 yrs and i was reading an article that said the iraq government wants a timetable for americans soldiers to get out of iraq that is what obama is saying we need to get out maybe violence will stop i believe it will so lets not stay in iraq for 100yrs, It looks like the media likes to stay in iraq because they are always on obama's case on iraq, they dont even ask mccain about pulling out and focusing on afganistan this is the problem with the media

Ken   July 7th, 2008 3:10 pm ET

Let's see how many neo-numbnuts vote for McCain and the stale [R] economic mantra, and against their own economic self-interest. They did it the last two presidential elections and they'll do it again. Afterall this [R] adminstration is a proud economic record breaker: no other administration has overseen TWO recessions. All you bush-voters must be so very proud.

Fillibuddy   July 7th, 2008 3:09 pm ET

One more time I meant.

Fillibuddy   July 7th, 2008 3:09 pm ET

If I see that stupid phrase 'It's the economy …' I will scream, CNN.

Brian - Trinidad   July 7th, 2008 3:08 pm ET

CNN must have an army deployed to dig up any reason to show Obama ahead of McCain.This is as lame a reason to say McCain will lose as any.History also shows us that no black person has ever been elected as president.So how does that reality stack up against others?Always has to be a first time for everything,right?Right!

Bob Texas   July 7th, 2008 3:08 pm ET

I left two comments on Fox about Mr. McCains plans to change our economic future. He stated he wanted to take benefits from Social Security and Medicare. Give corporations more tax breaks. So it apprears that the GOP is still the same rob from the poor and give to the rich but of course Fox will not print my comments. Will you CNN?

Carlos   July 7th, 2008 3:08 pm ET

Does anyone remember tha right now Congress is controlled by DEMOCRATS, and that their approval rating is LOWER THAN BUSH's???

But you won't hear cnn implying that we should put Obama in the White House AND Republicans back in Congress, though that would be the natural solution.

beevee   July 7th, 2008 3:08 pm ET

I am convinced that Mr. McCain knows next to nothing about economy. Tax cuts to the wealthy will not help stimulate the economy. It is tax cuts to the lower income that will send the money back into circulation and stimulate the economy.

rice, bryan   July 7th, 2008 3:08 pm ET

those of us you have a 401k, which is stock based are taking a beating. i think the stock market is trying to get to 10,000, before it can make it to 12,000. the cost of oil, is hurting the bottom line in a lot of small business', unemployment, cost of gas, the housing market, everything that wants to go bad is going bad. and somehow the people at the top can not face the facts that we are in a recession. i guess after the election, and they have been hit over the head with a sledge hammer, maybe we can start turning things around for us.

GooGooCluster   July 7th, 2008 3:07 pm ET

How in the world is McSame a warrior? Just because he flew planes over enemy territory and dropped some bombs before he got captured? How does that a warrior make? I honor him for his time in the military but I don't think that makes him a better candidate. He opens his mouth, all I hear is Bush talking. NO WAY would I vote for him.

C from Texas   July 7th, 2008 3:06 pm ET

Why is it that the Democrats want to tax hard working and smarter Americans more because they're smart enough or work harder to make more money?

Why can't there just be one tax rate for all Americans? Why are the democrats so envy of the people who make more then they do?

People talk about how much we have spent in Iraq but they don't talk about how much we have wasted with the Katrina people, why not?

Besides thing didn't start going down hill until the democrats took over Congress, go figure. This is what the democrats want right now so they can get their people in office and really put the screws to us.

McCain '08

MBFLA   July 7th, 2008 3:06 pm ET

I hardly see how endless wars will fix the economy and that seems to be the only song McBush knows how to sing. Does it make sense to keep borrowing for war in Iraq, Afghanistan and soon to be in Iran when we are in such a mess here? Don't ever try to sell that line about Republicans being fiscal conservatives again. Greedy Oil Profiteers!

Louis   July 7th, 2008 3:06 pm ET

Wake up Americans–Congress and the White House are not the solution. They created our economic problems in the first place through their own fiscal incompetence–wasteful spending, bloated bureaucracies, and unnecessary wars. Don't rely on the government to save you–it's not going to happen.

B-Rad   July 7th, 2008 3:05 pm ET

It's simple, yet strikingly complicated. Conservatism is based around greed, Liberalism around charity and helping others out… and yet, it seems like the Dems are the ones who end up bailing our country out financially the last couple of decades…. interesting.

And if I hear another Invesco Field Speech= Hitler Rally I'm gonna puke. It's like a good friend of mine put it the other day- there are a LOT of people in this country who fear having someone smarter than them in charge of the country. These are the same people who becry Barack's "ego" and "self-importance". Do some real homework, folks and read something offline.

Another old white woman for Obama   July 7th, 2008 3:05 pm ET

The economy is tanking. Who says economy growning? My 401k has been hemmorhaging out and is going to be worth nada by the time I retire. For me, that means the economy is sinking like a lead weight.
IRA are going to buy food for many.
Don't pee on my shoes and tell me it's raining ,McCain.
We will be lucky to stay in recession. I'm thinking depression.
Goodbye GOP. Don't let the door hit you in the rear end on the way out!

Lamont, TN   July 7th, 2008 3:05 pm ET

According to McSame, we're making progess.

Obama 08

Jen   July 7th, 2008 3:05 pm ET

John's wife Cindy won't even let him on her checking account. LOL If your wife doesn't trust you on her accounts, what in the world are you going to do for this country's economy?

Spark   July 7th, 2008 3:04 pm ET

It's funny it all boils down to the "White House". While I'm not a real George Bush fan we do have to realize that the Democrats are in control of both houses.

bob in L.A.   July 7th, 2008 3:04 pm ET

The economy should worry both candidates. Neither has a sound grasp of economics or experience that says they can do anything about the situation. Obama will have an edge because he's the democrat, but for those who actually look at them will see we're in toruble if we are counting on our President to guide us out of this mess.

Kent, OH   July 7th, 2008 3:04 pm ET

We should be pessimistic. We've just been through the worst 7 years that we can remember. The country's in the toilet, but not for long, there's change in the air.

Obama 08

Dave   July 7th, 2008 3:04 pm ET

I just love 'Independent Voter' above slamming Obama for being a phony…let's see, we've got a phony Republican fiscal conservative in office who isn't a fiscal conservative, lying to us about a war to invade the wrong country, we've got a Vice President war monger who worked very hard for 5 deferments during Viet Nam, we've got "President " MIssion Accomplished in his phony flight suit on a deck of a carrier which was positioned for a photo-op so he could say "Mission Accomplished'….which it wasn't.
Clear it up for me, again, Independent Voter: Who's the phony here?

Indiana Voter   July 7th, 2008 3:03 pm ET

The GOP has been in charge for seven and a half years….and where has it gotten the country? Absolutely no where…

Not with foreign affairs…
Not with domestic affairs….
Not with the Iraq and Afgan wars….
Not with Iran….
Not with the economy….
Not with the environment…
Not with health care…
Not with education….
Not with retirement and social security….

Zip. Only the deluded or truly fanatical would elect a GOP candidate and expect some good to come of it…

jfs Memhis, Tn   July 7th, 2008 3:02 pm ET

FOLKS REALITY CHECK………………..McCain has been in Washington 30 years. Did the current issues just POP-UP since his presidential Campaign ???? If he can fix our Economic Woes as President….why didn't his experience and judgement see this issues comming on 2-3- or 5 years ago. I sure didn't see him carrying a torch for us then !!!! Why did he not propose the solutions in Washington over the past 30years ???? Come on……who's kidding whom? He has nothing new to give us…….and certainly not CHANGE. The man has had plenty enough chances with his position in Washington to have been proactive to these current economic issues…………its not as if he were a junior senator. Take it from this Regan Democratic ….how gllable can you be ???? GO OBAMA

beevee   July 7th, 2008 3:01 pm ET

Can we blame the public for telling what they are feeling. McCain is not saying anything that is different from Mr. Bush's plans to improve economy. How can he expect to win public trust in GOP and the race?

Richard   July 7th, 2008 3:01 pm ET

Obama has my vote and Im a republican. Things need to change.

George   July 7th, 2008 3:01 pm ET

Just a couple of points to waste on the abomination, I mean, Obamination people.

1. How does it feel to be talking nice about Hillary after all those weeks and months of blasting her?
2. Rock star Obama is all style, no substance. Maybe he can have (fill in the blank with your favorite actor or actress) as his running mate. It can't hurt the ticket.
3. Remember the Democratic Congress? Yes. The Congress that has a lower approval rating than President Bush.
4. Hey CNN, has any Congress ever had a lower rating?

Change is good. Changing to Obama…no. Not good. He has a busted straight but bluffs like he has a straight flush.

unions are not stupid   July 7th, 2008 3:01 pm ET

Dave in Illinois you really need to rad up on your buddy Mc Cain has laid out nothing but cheap pandering ideas that have been done in the past and we know the result time for America to learn from our mistakes and move forward with a new clear vision. This is not a democrat republican thing this is a American thing! get over yourself! Obama has laid out many plans for most every issues if you would like to go to his website were you would find such things, not in a political rally or event were you speak in general about such things or you would be speaking for days! Some of these people on here boggle my mind the republicans have them absolutely brain washed!

jfffnn   July 7th, 2008 3:01 pm ET

Sen.Obama giving his acceptance speech in a stadium is not new,JFK delivered his at the USC stadium.
Now for all of those who don't trust Sen. Obama,do you really trust Sen.McCain's trickle down economics more ?

saga4obama   July 7th, 2008 3:00 pm ET

A nightingale Sings in Berkley Square" Was that a dream or was it true?"
I see the only way out is to elect a man of experience and know how to retrieve us from this mess. And that man is John McCain…
the last 71/2 years..was it a nightmare or was it true?
______________________________________________________
we just had 71/2 years of McCain experience…it was called the Bush/Chaney express

Independent Voter:
If only Obama were not such phony. He will say anything, do anything to get elected. His new Hitler-esque convention is just one example.
_____________________________________________________
you know a Repub when you hear one because you feel like you need a shower after they leave…you care not how you offend, May be Johnny "dont show them my Military record" will hire you as his Smear commander…GOOD LUCK, hate does not look good on you

sarah   July 7th, 2008 2:59 pm ET

even if the economy tanks completely, the stock market crashes, inflation doubles, gas prices triple and the banking system disappears, i will not vote for a hot air vendor who is so arrogant that he thinks a few yrs in the senate qualify him to be president. he has no plan unless he copies it from clinton. he is not a rock star or a messiah, he is just an arrogant egotistical hypocrit and i will NOT vote for him. i am a democrat and i am voting for mccain.

me   July 7th, 2008 2:59 pm ET

BHO will do the same thing the democrats did when they got into Congress – NOTHING
They promised to end the war and now do not have the balls to vote the end it by cutting off the funding.

They will probably wait until the generals in Iraq say they want to pull out troops and then vote to cut off funding for something that is no longer needed.

Guess the dems are going with the saying – if at first you don't succeed try try again and want to try again with BHO – however with his word games lately it appears he is losing his balls to do it to!

judy, Wisconsin   July 7th, 2008 2:59 pm ET

McCain's talk of balanced budget, cut spending etc. is lip service as usual by the Republicans. They never met a war they didn't like and anything for our own country and people is an "entitlement." Compare the years when each party has had the presidency–the Republicans have consistently much higher deficits, bigger "government" etc despite their reteric. They are liars about the record. CNN please run an article and compare the two.

KMAN   July 7th, 2008 2:59 pm ET

Dave in Illinois … the Republicans HELD both the White House and Congress for 6 years … you are now seeing their policies play out in our downward spiraling economy. Bush and HIS Republican fools in Congress (include yourself here) that supported his 'vision' have now proven they didn't now how to make the country prosper except for those individuals who were already very rich!

ANDY DAAS   July 7th, 2008 2:58 pm ET

You have to be insane to vote for McCain.

Hillary supporter MA   July 7th, 2008 2:58 pm ET

NO OBAMA – MCCAIN PLEASE PLEEEEEEAAAAAAAASE CHOSE MITT ROMNEY FOR VP!!!!!!! I CAN STAND 4 MORE YEARS OF BUT I CAN'T STAND OBAMA'S ARROGANCE. HE HAS NOT EARNED THIS NOMINATION IN TERMS OF HIS SERVICE TO THIS COUNTRY – ABSOLUTELY NOT

IAMWMD   July 7th, 2008 2:58 pm ET

It's the Republicans and George Dubya's fault for the mess we call and economy due to the fact that congress has only recently come under Democratic rule which has been run by the Republicans for 6.5 of the last 8 years. George Dubya's and the Republicans elitist mentality has all but destroyed our way of living PERIOD.

OBAMA 08

pepe   July 7th, 2008 2:58 pm ET

Note to Obama supporters…Socialism doesn't work. It didn't work in Russia, failed in Cuba, doesn't work in Western Europe, and is the root cause of the economic turmoil the US is in. Something tells me this won't get through, and you'll only realise the truth after Obama is given the presidency with a compliant democrat congress. Obama's pet projects in conjunction with Nationializing healthcare, while simultaneously ignoring the ticking fiscal timebomb that Medicare and Social Security represent, throw in the purposeful allowing of the Bush tax Cuts to "expire" and you have a perfect storm that will cause an economic depression. Of course you won't believe me until it happens…but then again it took Jimmy carter to phycologically prepare the country for Ronal reagan's reforms.

Peter   July 7th, 2008 2:58 pm ET

McCain should worry about this election, he might die from a heart attack on election night after getting defeated in Obama's landslide victory.

Obama/Nunn, Obama/Clinton, Obama/Biden '08 and '12

Code Blue   July 7th, 2008 2:58 pm ET

"Don't Blame Me, I voted for Ron Paul!"

South Park Conservative   July 7th, 2008 2:57 pm ET

So in other words, what's "bad for America" is "good for Democrats…"

Brian   July 7th, 2008 2:57 pm ET

McCain is not an option. As long as the original Obama supporters remain respectful of my prior decision to support Hillary and realize there are plenty of valid reasons for doing so, I will go with the apparent consensus and back Obama in November.

me   July 7th, 2008 2:56 pm ET

So BHO thinks raising taxes will help the economy. Let's think about it – small businesses are the backbone of our econony. BHO wants to raise the taxes on the individual whose income is over $250,000 which most small businesses would be. (most small business claim their business income on their own taxes.) This is suppose to help the economy by bringing in more taxes to give more to the poor. Doesn't it seem logical that a lot of these small businesses will not be able to stay in business and the economy would suffer because their loss. Further what about the people these small businesses employ will they lose their jobs so the business can pay higher taxes.

Will two income families become one income family instead of having to pay higher income taxes and the additional tax for social security? This is more people unemployed.

This doesn't even take into account the costs of his universal health plan that the working people will have to pay for the slakers who cannot afford to pay for themselves.

gerry   July 7th, 2008 2:56 pm ET

McCain talks the talk, but doesn't walk the walk. The reason the deficit is so high is because of the Bush tax cuts which McCain voted for and proposes to continue. These tax custs will add 1 trillion to the national debt over the next 3 years.

harvey   July 7th, 2008 2:56 pm ET

please….. you are not going to create a circular argument that ends in the distruction of the mcain election process. wishing that it would just self emplode will not make it happen. If the american people want a strong, confident, unbendable president then we should have one! (by the way, i wish fred thompson was the candidate).

Democrats are funny   July 7th, 2008 2:56 pm ET

The limited understanding of fiscal and monetary policies made note of here is the reason that the policies and politics that actually bear little on the country's course over the next 4-8 years are at the forefront of every MSM, Blogger, and commentator around.

Heres a break down: Tax policies are a long term ordeal that bear little on the immediate economic picture (besides stim packs and credits they produce short term gain). The thing is if the President is not short-sighted he would se that though a cut in spending would help ease a budget that is about to fail, what is neccessary is both a increase in taxes (to include some more payroll taxes in 1 way or another) and a limited and thoughtful spending plan. The Idea of Pay-as-you-go policyt worked in the 90's now we need payback before we go.

The sad thing is this, if not for a a generally wasteful administration and 8 years of continued wastefulness in congress (where both parties have had control) this would be an easy budget to manage. The No-tax policy of republicans never included the prerquisite no-spend.

Now to be honest in greater study the sit-rep is this. Obama's plans cover this (check his website, detailed policy reports there). McCain actually might work it too, if it is a little more developed to address concerns over some the more radical positions. That is to say though many people who post here and all over the internet are cynical and ignorant to the truth (they haven't learned how to search and go by the misguided efforts of the MSM and talking heads to influence their positions) The truth is out there!

WAR what is GOOD FOR?   July 7th, 2008 2:55 pm ET

New Yorker …… McCain has an economic plan. Obama's only plan is for his rock concert.
McCain 08
Substance over Hype
McWar…………….YEA Right ……..continue to spend Billions on an UNJUST WAr!!!

Obama 08

Gene from Georgia   July 7th, 2008 2:55 pm ET

Re: more Republican tax cuts for the super rich: "trickle-down" is misnamed. It's "tinkle-down."

Bob from Pittsburgh   July 7th, 2008 2:55 pm ET

This is a service announcement to all Americans..

Your Credit Card is Max…

Time to start paying..

Brian G, Sugar Land, TX   July 7th, 2008 2:55 pm ET

Hey Jessica three comments above,

Just in case you have been asleep for the past 8 years. Congress was controled by Republicans for the first 6. Takes more that 2 years to fix Republican mess ups. In fact, it is doubtful any person can fix anything in the next 8 years…so go back to sleep and set your alarm for 2016.

BG

Cornell   July 7th, 2008 2:54 pm ET

The best potential outcome in the Iraq war is not worth our nation's blood and treasure. Afghanistan is the place we need to secure and Iraq is the place we must vacate. There was a time that the US fought just wars. McBush will stay the course in Iraq, no matter the cost to American lives or our economy. Support the troups by taking them away from the flying bullets.

Rich In Seattle   July 7th, 2008 2:54 pm ET

So when John McCain says… "A government that spends wisely and balances its budget is a catalyst for economic growth and the creation of good and secure jobs.” – Yeah, you mean how it was like back when the a Democrat was President? Does John McCain and the Republicans see the mess that they have gotten us into? They had their chance to make things better and they just went and messed everything up. Can the Republicans make it worse? Yes they can! Let's not give them the chance.

James, Redlands, CA   July 7th, 2008 2:54 pm ET

It's amazing how Republicans continue to ignore the fact that McCain himself stated that he did not know much about the economy and that he needed to be educated on it. But I guess now that he's trying to lie and tell people he never said those words (even though reporters are able to specifically reference his comments on multiple occaisons) Republicans can feel that he really does know what to do with the economy.

His current economic advisor is at the bottom of the current housing crisis. Graham is also an oil man who has something to do with the Enron loophole and the current gas crisis.

Wake up Republicans. Your party is for the haves not the have littles or have nots. If you don't make over 250K, you are not their constituents, just their means of staying in office.

Ben from Colorado   July 7th, 2008 2:53 pm ET

Both Obama and McCain have laid out economic policies. Do you and your spouse make over $250,000 a year? If so, tax break with McCain..if not, tax break with Obama.

me   July 7th, 2008 2:53 pm ET

Lol at all the dem bashing. The economy went from stable and growing to in shambles in the 8 years Bush has been in office. And here you all are praising McCain for actually having a plan, ignoring the fact that a plan has to succeed in order for this economy to shape up. And so far, it doesn't look like his ideas on the economy, mixed with the wars we are currently entangled in, will lead to success.

I'd tell you all to go read some more of Obama's economic plans, but arguing with you GOP faithful is like telling a brick wall to jump. You all are going ot vote for McCain anyways, regardless of policies. Why should I waste my time?

rw md   July 7th, 2008 2:53 pm ET

Sorry
Obama is and never will ever be the great president Bill Clinton
was.
This year it's like having 2 Republicans running but John may
have a disadvantage because a very caustic George Bush.

jake   July 7th, 2008 2:53 pm ET

Jessica For the last 2 years the Democrat congress has been getting all their bills vetoed, because the republicans didn't have enough back bone to stand up to boy george.

CW4Barak   July 7th, 2008 2:52 pm ET

Simply put….McBush is looking out rich and well to do…..Obama is looking out for the common man…..now if you are rich, don't have a problem with gas, food, clothes, health insurance, education cost, and you nor any of your neighbors have gone into foreclosure or can't afford to rent or buy a home, you can afford vacation trips abroad, or even around the country and you don't have a problem with your son or daughter losing their lives in Iraq…..then vote for McCain….and he will ensure that you remain happy!! But if you answer no to most of the above then Obama will bring the change the country deserves! It's as simple as that!

william   July 7th, 2008 2:52 pm ET

as best i remember, the dems promised to help the average person if we put them back in control during the last election. well i for one bought their hype and we are worse off now than before, show some leadership, as we need it more than ever. will not fall for their BS again, you can bet your sweet backside on that.

jack shadenfruede   July 7th, 2008 2:52 pm ET

This is only one nail in coffin for the Republican party.Rush Limbaugh and his cronies are already try ing to take over the Party.McSame is a Patsy.They know he will lose big time so they are shouting he is not a true Conservative.We will build the Party back after the election.Lots of luck to the Pill-head lovers or I'm sorry I meant the ditto-head lovers.
jack Shadenfruede

MaryJo Bruce Surprise, Ariz   July 7th, 2008 2:52 pm ET

You think you have worries now. Wait till Obama gets in. HE will raise taxes on business. This will cause them to raise prices on the public that cannot pay for stuff. With the higher gas and food. So business will lay off workers or cuttihng their pay to survive and that will put us more into a recession. He will also raise our private taxes, like
" Oh yeah'" give it to me baby. Thats what we need. Keep it coming Obama. He nor anyone should be raising taxes until this is over..
PERIOD…. What are you all thinking. Obama NO….McCain is left but at least we know where he stands.. There are no perfect Presidents. Not a one. You all just like the good looking, good waffle talking guy. Go for it….

Tony   July 7th, 2008 2:51 pm ET

CNN Senior Political Researcher Alan Silverleib doesn't have a clue. He is just trying to sway the thought of the rest of the American people that aren't socialist democrats like himself and the other CNN socialist. If the people of this country elect Obama President, then you will truely see what recession is, along with more attacks from the terrorists. The Democrat lead congress has led this country down a slow road to recession, not the President. All you Socialist Democrats need to move to France.

R.I.F.   July 7th, 2008 2:50 pm ET

not important July 7th, 2008 12:35 pm ET

People should be worried about McCains economic advisor Phil Gramm.
_________________________________

Exactly.

Why does this not get any run in the media? Phil Gramm helped cause this big mortgage problem and his wife helped create the Energy problem with the Enron Loophole and no one covers it at all. Obama hired a guy to vet possible VPs and all Jim Johnson did was get a good deal on his own mortgage and the media covered the story 24/7. Phil Gramm's out helping McCain write his economic policy and I don't hear a peep from the media and this lobbying for UBS.

Bob from Pittsburgh   July 7th, 2008 2:50 pm ET

David, Silver Spring, MD wrote:
There you have it. The "trickle down" economic theory doesn't work. Can we finally put an end to the nonsense that says that if you cut taxes for businesses and wealthy people, it will spur economic activity and "trickle down" to regular folks?

Sorry David: Trickle Down economy does work, examples are Chile and Canada, Chile has an average GDP growth of 6% per year (not bad for an un-developed country) and Canada has a lower GDP growth but not to bad of a growth.

Here in the USA the Republican talk, talk and talk about Trickle Down, but they have never delivered. During the republican administrations the deficit and debt has always grow, (during the Regan years it went from 640 billions to 3.5 trillion) during Democrats has kept at bay or it has gone down.

That is my two cents..

Adriana Birmingham, AL   July 7th, 2008 2:49 pm ET

Good, McCain is a very dangerous man and he has admitted he doesn't know anything about economics. I pray he doesn't win because we will be in even worse shape if he does.

kim hussein taylor portland, oregon   July 7th, 2008 2:49 pm ET

how on earth does mccain expect to do all of these things, especially since he ADMITS he doesnt know anything about the economy. and he's got a crooked lobbyist, phil gramm, as his economic advisor?? how is that a GOOD thing for the people?

mccain is surrounding himself with BOUGHT lobbyists who are deeply connected to some of the largest companies in the world, do you really think they're going to make decisions that are best for the americna people?? or make as much money as they possibly can??

it's CRAZY to vote for mccain!!!!

David   July 7th, 2008 2:49 pm ET

We had our chance for a good Republican president, and he was named Ron Paul.

To all you twits running the media blackout, the GOP cronies, and ne'er do-wells, thank you for making the nanny state one step closer and rolling our Founding Fathers in their graves.

me   July 7th, 2008 2:48 pm ET

The MSM keeps saying we are in a recession so the average person who has no idea what the definition of a recession is belives them.

This is sad on more than one level. First, it shows the power the msm has over the people and how they abuse that power to make the people believe something they know or should know is not true. Secondly, it shows the education level of the majority of the people in the USA. Of course, the elites do not want to do anything to have the people educated because they would lose their power a/k/a money pit

Frank, Atlanta,GA   July 7th, 2008 2:48 pm ET

Bad news for McBush is good news for America. Just say no to the Keating Five. Just say no to a third Bush, Cheney, Rove term !!!!!!!!!!!

Vote for Barack Obama….because it's the right thing to do !!!!!!!!!!!!!!!!!!!!!

Susan   July 7th, 2008 2:47 pm ET

Times were better when Clinton was President.

Jack   July 7th, 2008 2:47 pm ET

The only thing consistant about the polls is how inconsistant the results are. It is a meaningless tool of persuasion and nothing more.

Jeff Long   July 7th, 2008 2:46 pm ET

Obama was selected, not elected. He is trying to re-enact the "I have a Dream" speech given by MLK. MLK gave this speech on August 28, 1963 and Obama is giving his speech on August 28, 2008. Obama is only in this for himself and not the people of America.

joann   July 7th, 2008 2:46 pm ET

Obama is lying to you all if you think he can get us out of this mess. He knows nothing about running a country. Now you have a problem because if he becomes president, he is going to raise our taxes and help everyone else – we will end up paying for people who don't want to work, for welfare recipients who keep having kids, the elderly who never set up a retirement plan, all of you who don't have health insurance – and that's just the beginning. Watch out what you wish for.

Erik   July 7th, 2008 2:46 pm ET

It's the Democrats race to lose again this time.

larry mn   July 7th, 2008 2:45 pm ET

The Democratic congress has lent a deaf ear to the problems with our economy, and there is a reason for that, to make the Republicans look bad, which should tell all of us that the Democrats are only in this for themselves. They are self serving individuals, and at the expense of all of us. Obama does not have what it takes to turn decasdes of economic abuse around, neither does McCain, simply because there is no short term fix. For Obama to boast how he will do it is nothing more than the rantings of a moron.

Nowhere Man   July 7th, 2008 2:43 pm ET

The economy is struggling, and Obama's solution is to take TRILLIONS of dollars out of our hands (by killing all the Bush tax cuts), and give it to the government! How fricking nuts is that?!!!!!!!!!!!!!!

Brendan H., San Antonio, TX   July 7th, 2008 2:43 pm ET

Gee, let's see.

The GOP have ruined America and made the world a more dangerous place to live, catered to the wealthy and trashed the economy and basically wipe themselves with the Constitution.

And it's going bad for McBush?!?!?!?!?!

SAY IT AIN'T SO!!!!!!!!!!

INTERESTING QUESTION ASKED ON RIGHT-WING RADIO HERE IN SAN ANTONIO YESTERDAY.

"If George W. Bush and the GOP started their own country, would you want to move/live there?"

Yes – 10%
No- 90%

kim hussein taylor portland, oregon   July 7th, 2008 2:42 pm ET

gee, both times we had a BUSH in the white house, QUITE the concidence!!!! greedy neocons make HORRIBLE leaders, and mccain has pledged his loyalty to this losing, hateful group. ICK!!!!

we look forward to welcoming you to the WH, President Obama!!!

An American   July 7th, 2008 2:42 pm ET

Dave, sounds like you don't listen much to Obama and you only hear what you want to. Enjoy yourself and your vote, you McSamer you.

Let the McLame rancor begin 5, 4, 3, 2, 1…..

Dan, Maryland   July 7th, 2008 2:42 pm ET

Sorry to dissapoint some of the posters here, but anyone can clearly see that Bloomberg is not in McCain's corner. On top of that, those saying McCain promises to "WIN" in Iraq when he hasn't even stated what winning actually means is out of their mind.

The fact is, either candidate will be better for the economy than Bush has been because both candidates want to re-implement the pay as you go system that was going on under the Clinton presidency.

Yes, I believe in tax cuts for the wealthy and anyone who's taken basic economic courses can understand why that benefits our economy. However, I also believe in responsible spending, and the spending in Iraq is by far the least responsible policy that America can continue to throw money at.

There have never been tax cuts in a time of war and anyone who believes we can continue with tax cuts while we're involved in one (or two, depending on if we stay or get out of Iraq) war(s)s has their head so far up the right's butt they can't see the light of day.

Larry from Denton, Tx   July 7th, 2008 2:42 pm ET

Correction on Kevin's comment:

Hope Obama wins.. We can really use the increase in taxes "ON THE RICH" to help the economy !

IF people like Cindy McCain paid their fair share of taxes, we wouldn't be in this economic turn down!!

Laddieoh   July 7th, 2008 2:41 pm ET

I have voted Democratic since 1972. This year, I will probably vote McCain. All I hear from Obama is "Change". Does he understand how the current system got into such bad shape? Does he understand what is broken? Does he have a plan for fixing the current system? Will we be able to live with the changes he wants?

BR   July 7th, 2008 2:41 pm ET

The democrats have had control for 2 years now and haven’t accomplished a thing. Why aren’t you upset and commenting on that? We either spend our taxes trying to protect our country or spend it on social programs that continues to make our society dependant upon the Government. It is so sad that a large majority of us have lost all work ethic and feel we have to be supported. Bottom line, like it or not, if large companies don’t make a profit, people don’t have decent jobs.

carlo   July 7th, 2008 2:41 pm ET

No rancor, David; however, I will say that every major recession and the Depression happened with Republicans at the helm. You wanna know why? Because Republicans are greedy, and they use the Bible to hide behind and push their hatred for all things not like their tainted brand of Christianity off onto unsuspecting supporters. People in America are so twisted, they were actually offended by what Rev. Wright said, even though it was all true, and even though I've heard several mainstream white preachers condemn America the same way. A nation of hypocrits, that's what we have become.

what?   July 7th, 2008 2:41 pm ET

Our problems go back farther, much farther. Ronald Reagan started this mess when he was in office and the republicans just carried the torch. We went from a nation where everyone had an equal opportunity, to a nation bankrupted by the greed which is what the Reagan policies fed. Republican politix work for republicans, not for all Americans. Anybody but Republicans in 08. For the conservatives who know all too well what the government should not do, would some conservative please tell me what the government should be doing. All you fools who were blinded and drunk by the policies of Ronald Reagan, 30 years later, here you are. Reagan wanted to change the course, and he did. Now, look at us. Growing up, we had inflation, recession, etc, but NEVER did we have record foreclosures like this and gas prices like this. Can you say D E R E G U L A T I O N ?? Because that's what's killing this country economics. With RRR we got to the bottom line, but everything else went out the window, including our nation's stability. Terror in Clinton's first year as President? Where did that come from? The policies of Reagan and Bush. It took 30 years to get to this mess, no matter who is our next president, our woes won't disappear in 4 years, so don't be fooled. Who has the best chance of moving this country forward? GOBAMA 08

Belle2   July 7th, 2008 2:40 pm ET

I believe McCain will try to fix the economy. Obama will give all our tax money away and then ask for more. With a Democratic Congress and McCain in the White House, we have a chance to overcome our economic woes.

Buddy   July 7th, 2008 2:40 pm ET

That is why Hillary Clinton should be President. Obama is a empty suit .

edward   July 7th, 2008 2:40 pm ET

do you really think Obama, Mr Cool with the Beer and Pizza crowd is the answer to our economy problems? the media has covered his butt on all issues and now they are telling us that he has the cure. this could really turn out to be the end of anybody trusting the media in the future, if Obama is elected and things get worse.

JohnLee   July 7th, 2008 2:40 pm ET

McBush – just more of the same! This country isn't on the right path. Whether Obama and the democrats can take it there, I'm not sure but at least it will be on a different path than what we're on now! I'm tired of the murdering of innocent people, the raping of American citizens and the disdain for the law by those currently in office! May they all get a permanent leave of absence in 2009!

Margeaux   July 7th, 2008 2:39 pm ET

And people think Obama, a guy with no experience is going to get us out of this mess. Please.

The mess is from decades, yes, decades of overspending and you are a fool if you think Obama with his believe in change thing is going to suddenly make it all better.

Brian G, Sugar Land, TX   July 7th, 2008 2:39 pm ET

Darn right I am as worried as in 1992
But this time I have three children raise!
I have bitten my nails down to the nubs…toe nails that is.

Farouk   July 7th, 2008 2:39 pm ET

Wow a page of uneducated emotionally unstable fools. A slow-down, sure. A recession? Only according to the far left ideologues who know that perception and propaganda equal reality in the minds of the sheople. So as all the signs show we still have not entered a recession, the harbingers of doom have been screaming RECESSION!!! for more than two years, just like what they started doing in 1990. The facts are that in 1992 statistically we weren't in a recession either!

But the zealots of left-wing intolerance and hate, drummed up enough cohorts in the media to help sway a few people. Ironically it's the Dems who are Big Oil's best friends…since they took over the Congress, prices have doubled and so have profits!!!!!!

Gary   July 7th, 2008 2:38 pm ET

McCain is just fighting to same congressional oppression that every other president has fought. The reality is that he has the tenure on the Hill to know the in's and out's of it all, unlike Obama who is very much his junior.

Seriously, does anyone think Congress will back Obama on some of his "all talk no substance" ideas? Strange as it sounds, they're smarter than that.

McCain is the best choice for getting the country back on track. If people would stop believing the BS (trumped up by the Dems) that "four years of McCain means another 4 years of Bush" they'd see through all the smoke and mirror and finally wake up.

I'm not saying Obama is not an excellent politician, but seriously the US is just not ready for an african-american president. In any case, a women president is more acceptable at the moment (though that got shot down by the people acting like deer in front of oncoming headlights.)

from NH   July 7th, 2008 2:37 pm ET

Couple of things
1. Jessica you are abosolutely correct when you say that a lot of our problems rise from the do nothing congress except spend. What about all of the "ear marks" that your senators and congressman asked for and received from their "buddy's? Talk about padding. Sunday headlines were how my representatives received money on behalf of the state-ha- some was for defense which means what you and I read in the paper or heard on TV was just the bottom of what the defense department got.

2. How about this free trade? All of the jobs that have been taken by the big company's out of the US and given to people in other country's. Phooey with our people, let's make brownie points and help people in other country's.

3. Just heard last night on Larry King the president of one of our oil company's explain why gas prices have escalated so. He claims that it is supply and demand. Does that mean that the world just found a million more people with cars demanding gas? Does that mean the Arab country's that we support financially have decided to cut back on their oil production? That is supply and demand. Do not know what we, the little people can do, but better find an answer fast or we will all be out walking the bread lines like they did back in the early 1930's.

texas DEM   July 7th, 2008 2:37 pm ET

WE NEED VICE PRESIDENT HILLARY RODHAM CLINTON!!!!!!!!!!!!!!!!

Jeff D, South Bend, IN   July 7th, 2008 2:36 pm ET

"These numbers are a huge danger sign for John McCain"

Yeah, if he could remember them after waking up tomorrow.

Wow   July 7th, 2008 2:36 pm ET

Wow. The shills are out in force today. What's with the McCain love fest? Do you people get points or money or something?

dman   July 7th, 2008 2:35 pm ET

Here is a simple word of advice for all of you complaining about the economy, oil, price of gas and food….

IF YOU DO WHAT YOU'VE DONE, THEN YOU GET WHAT YOU GOT!!!!!!!

BOTTOM LINE…Insanity=doing the same thing and expecting a different result.

If you want something different then vote for something different or shut up and stop whining!

Dman

aliek   July 7th, 2008 2:35 pm ET

This is the 1st time I actually get involved in politics and voting. I seriously believe that Obama will win the house putting Hillary as the V.P. He will not only secure his voters, but Hillary's as well. I don't think there'll be a better team at the white house than that of Obama and Hillary. I do believe that we as a country caused these problems we are facing today. We all knew what Bush was all about and still putting in the white house a second term. We asked for it, and now we got it. AMERCA, LETS NOT MAKE THE SAME MISTAKE AGAIN!!! GO U.S.A.

Michelle   July 7th, 2008 2:34 pm ET

The most excessive spending and waste of money is NOT the Iraq war–

It is the pork barrel spending and colossal waste of money perpetrated by members of Congress.

Janey/Michigan   July 7th, 2008 2:34 pm ET

Perhaps we could get a better idea of whose policies are the best if the great Obama would agree to debate. As it is, Obama has laid down more conditions for debating McCain than for meeting with the rouge governments! Obama only wants to preach and rave to a cast of thousands and have no one allowed to question him in any way–(shades of future dictator)?. If he deviates from his prepared text, and teleprompter, he is suddenly mute or close to it. McCain loves interacting with voters and candidates.Obama will raise taxes across the board–you can bet on it. We hard-working middle people will pay for his bloated social programs as usual. Just a Nurse, but I need my money. Go McCain

Doris,Memphis,TN   July 7th, 2008 2:34 pm ET

We can not let the Republicans back in the White House.
Obama is brillant and he will have the brightest people in American around him. McCain can not even run his campaign, how can he run
the country. McCain will only help the rich. He is also very arrogant
and mean.

Tony   July 7th, 2008 2:34 pm ET

THANKS to G.W. BUSH!

Mary   July 7th, 2008 2:34 pm ET

Obamanation sounds a lot like abomination… oh, wait. same thing!

demwit   July 7th, 2008 2:34 pm ET

Obviously Obama's tax increases are the answer to fixing our economy..

Joe Keating   July 7th, 2008 2:33 pm ET

Pam – get a clue. The War in Iraq pales in comparison to the major three .. Social Security, Medicare, Medicaid. If we don't ge these entitlements under control funding wars won't happen because we will be bankrupt.

Sheryl   July 7th, 2008 2:33 pm ET

McCain really has no chance. Too many Republicans want a drastic change and will vote for Obama to get it. McCain came in at the wrong time but I guess at his old age, it may be his last chance to run.

On the lighter side of things, people are actually voting based on ideas and goals rather than if the person is Republican or Democrat. Well, at least republicans are voting that way.

Obama 08

phil   July 7th, 2008 2:33 pm ET

How about the Democratic Congress that was going to turn all this around? Why don't we ever hear their approval ratings vs constantly being bombarded with the Presidents ratings?
Truth is neither one has much to do with the economy as it is driven globally. Also there is no recession – unless you define a recession by the results of a poll. Read your own definition.

ds   July 7th, 2008 2:32 pm ET

Dave, Illinois wroteJuly 7th, 2008 12:51 pm ET

"The simple fact is that McCain is actually laying out ideas to fix the economy, decrease our reliance on foreign energy, WIN Iraq and Afganistan, and try to cut back the partisan rancor in Washington. Obama continues to ridicule and make pretty speaches full of generalities. I know who Im voting for."

WE KNOW WHO YOU VOTED FOR IN 2000 & 2004, DO THE SAME THING AGAIN. YOU ARE A GOP FANATIC, WHO DO NOT THINK ABOUT OTHER CITIZENS, ONLY ABOUT ME AND MYSELF.

Lee, Ann Arbor, Michigan   July 7th, 2008 2:32 pm ET

The Senate and House have been total FAILURES under the democrats. All the promises Harry Reid and Nancy Pelosi made and they haven't PERFORMED OR DELIVERED. If they held jobs in the public sector they would BOTH BE FIRED FOR UNDERACHIEVING.

Obama is a lightweight and is a great speaker but has NO SUBSTANCE. He is too inexperienced for President and will be defeated in the general election once people see who he is.

I'm not excited about McCain, but at least he has the experience and sees the real problems and has the contacts to get things done.

Phil in KC   July 7th, 2008 2:32 pm ET

On a related note, have you heard John McCain's plan for balancing the budget? He wants to balance the budget by taking money away from Medicare, Medicaid and Social Security. Notice there was nothing about reduced spending for the war in Iraq. So, he'll pay for guns, weapons, etc. by taking money away from the poor and elderly. Typical Republican thinking.
The Republicans like to tout that they are the party of 'family values' and of the Christian voters. I would challenge they to look down at that WWJD wristband and apply it to this situation. Would Jesus spend money on weapons and war or on feeding and healing the poor, the sick and the disabled? Rationalize that one.

David   July 7th, 2008 2:32 pm ET

I love watching mccain and obama supporters go at it like their oppinion matters to either canidate at all. It's not like it matters who you back for the presidencyanyway. All you’re really doing is picking the less of two evils. I think both parties need to rethink their nominees

Christopher, Madison, WI   July 7th, 2008 2:31 pm ET

It's amazing that all the McSame supporters have horrible grammar and spelling. Your lack of education is why you would vote for a loser like McSame! How much money did Cindy run up on her credit cards last month? $750,000.00 (American Express). Who is the elitist? Why don't the McSames pay their property taxes on time like the rest of America?
President Obama 2008!!!

Chicago Bobby Burns   July 7th, 2008 2:31 pm ET

MCCAIN IS SAYING WHAT THE GOP HAS BEEN SAYING BUT NOT DOING. THE GOP ECONOMIC PLANS LED TO THIS RECESSION. WHY WOULD WE WANT TO CONTINUE WITH THEM? BORROW AND SPEND UNDER THE GOP HAS BROUGHT DOWN THE DOLLAR.

Larry in texas   July 7th, 2008 2:30 pm ET

That is good news for Obama….but come on, a poorly performing US economy is not the only reason Barrack and the democrats should do well come November. The fact of the matter is that are a lot of educated Americans out there, who realize that the we have been headed in the wrong direction on foreign policy matters as well. And a lesseing of violence in iraq doesn't really change things. I think many Americans don't judge the Iraq debacle merely in terms of whether the surge is working or not. Like myself, they questioj the mentality of our government on moral grounds, and long term political ramifications. Any one who believes that if the Iraq experiment turns out well, curtailment of violence, stabilty, etc…that this justifies the most powerfull nation in the world, to, with-out provacation,, to commit Us treasure and blood, invade,and overthrow a government simply out of dislike for it's president, is ethically and morally corrupt. For those who feel that it's in the ineterest of the US to overthrow certain governments…then i ask…what if a stronger foreign governnment, capable of crushing the US, decided it was in their interest to do so…even though we did nothing to provoke such an attack…would you think that was appropriate?

Jeff Long   July 7th, 2008 2:30 pm ET

Obama was selected, not elected. He is trying to re-enact the "I have a Dream speech" given by MLK. MLK gave this speech on August 28, 1963 and Obama is giving his speech on August 28, 2008. Obama is only in this for himself and not the people of America.

Dave   July 7th, 2008 2:29 pm ET

So many ignorant people, no understanding of the economy in general, very, very sad state of affairs! Some here say all the money wasted on a war, here is a brief education for all the libs:

1) Ask those in the defense sector how their economy has been since 9-11-01?

2) If we leave middle east early, gas prices will be whatever they want to charge us, because, oh yeah, libs dont want us to have our own oil here??????

3) Without freedom, nothing else matters! I know this is hard for libs to understand, all the US haters, who think Canada, UK, France, Cuba, Iran are places they want US to look and act like!

Polls always wrong (i.e. see 2000 and 2004 polls) but then again, libs are not very good at history!

In God we Trust, he will place the right man as President!

Oh one last thing, your boy Obama lies more than a rug, same guy in March 2008 who said he would pull troops ASAP, now today says, probably not!

MCCAIN in 2008!!!!!

marie - ohio   July 7th, 2008 2:29 pm ET

Marie, you said it "ALL" when you said "You think we are in a recession NOW…………….just wait & see what we have if Obama wins in November. AMERICA WAKE UP BEFORE ITS TO LATE

Larry, Hazleton, Pa   July 7th, 2008 2:29 pm ET

I read these comments and simply cannot understand how others can see things so differently than I – case in point – when the republicans took over white house, senate and house of reps – they got a budget that was in surplus – 1st time in like 50 years – in the next 6 years they managed to spend the surplus and several trillion more and know the republicans say that McCain can fix the mess we have by doing things the same way that Bush did – sorry folks this is one ole country boy that is willing to say "that dog just wont hunt"

The Truth   July 7th, 2008 2:29 pm ET

our country is facing very difficult times

I believe either Obama or McCain will have their hands full with the
economy and the on going war on terror. The economy will turn up in a few years this is a normal cycle, but the war on terror is not going away.

I understand many people are very unhappy with Bush and Iraq, that is understandable. But you have to admit we are more secure and this is a direct result of the current administration.

Wisconsin   July 7th, 2008 2:29 pm ET

McWar's idea is to give more tax cuts to the rich.

Decreasing our reliance on foreign energy under McWar will take 10 years to even start BUT their is nothing in his plan that addresses the fact that big oil would not willingly overproduce and destroy their profits.

Obama will end tax cuts for the rich and provide tax cuts for around 95% of Americans.

Obama will make us energy independent by promoting clean energy, not pushing big oil on us.

IF McWar is going to balance a budget in 4 years then he will NEED to make major cutbacks in needed programs.

With a 1 trillion dollar war and more tax breaks for the rich then where is McWar getting the money to balance the budget?

McWar's answer is the same thing as Bush.

Also why don't all the McWar supporters answer this:

Why would big oil WILLINGLY drill more and OVERPRODUCE oil to bring down the cost when they would be lowering their profits?

Then even IF big oil would do this, why are they not doing this ALREADY with the areas they already have that are not drilled on?

Teddy California   July 7th, 2008 2:28 pm ET

There are some big differences. THe most important one is that in 1980 and 1992, the sitting President lost. This year, Bush is not running. Bush would certainly lose if he was running for re-election. Another big difference is the candidate himself. Reagan had been a successful governor for 8 years of the largest state, California. He had already been well known as an actor and a politician. He almost got nomination from Nixon in 1968 and from Ford in 1976. He also had really new policy proposals. He proposed smaller governments in a reccession! That was possibly why he was behind in polls before October. Things were much worse then than now.

Clinton had been a successful governor for more than a decade of Arkansas. Yes, the state is very large. But at least, he was the chief executive. But still he needed Ross Perot to get 19% votes from Bush Sr. to win. Without the strong third party candidate, Would Clinton still win? No one knows.

Now, about Obama? He has very little experieces. He is just like a blank sheet that you can write very beautiful poems or ugly stories. People will hestitate to vote him.

Do you notice that the stock market has been going down ever since Obama clinched the nomination? If he was a strong candidate, he should be leading by double digits, like 20%. He is barely leading. I think race is not the major reason. If Obama was elected, he would become the most inexperienced President. He might do very well. But a lot of people will hesitate to vote for him.

RJB   July 7th, 2008 2:28 pm ET

If you don't have OIL than you have no controll and nothing to say. The ones with the oil wells speak and the US listens and the price of gas goes up. In Canada they have the largest reserves in the world and they pay over $5 per gal so grin and bear it

Barack's Answer for our New America   July 7th, 2008 2:28 pm ET

Just like we had before Clinton was elected the media report at a clip of 80% nothing but negative stories about the economy, and shortly after his election the clip became 80% positive about the election. What a coincidence the liberal media got their way in 92 I am sure they are working hard to get their way in 2008.

I really want someone like Barack, why?

I want my personal taxes to increase by minimum of at least 20%
I want my ceiling for social security taxes eliminated
I do want my ceiling for medicare taxes increased because I want more tax.
I don't want to drill for more oil
I do want to wait in the interim for 20 to 30 years for alternative sources to become viable sources of energy.
I do want the government to increase its spending by over a trillion dollars a year for new earmarks for Barack's solve the world policies.
I do want all the progress of the surge to be for not, as Barack pulls us out.
I don't want to have an economy that trades outside our borders. I do want to have high hurdles to trade and I want an elimination of any free trade deal.
I do think Nancy Pelosi has all the answers for us, and her tax and spend liberal polices are th best for business.
I do want to eliminate business growth as much as policy by increasing their taxes and increasing regulation against them.
I do want the minimum wage to go up for the next five years.
I do want unemployment to go up because of the lower profits caused by increased taxes and an increase in the minimum wage.
I do want all the pensions that are out their for 100 million people to be hit with a near doubling of the capital gains tax, so that they have less to retire with.
I am a masochist, and I am a Barack Hussein Obama support …NOT.

Wakeup America before we have to endure another nightmare for the economy like we had with our last tax and spend President by the name of Jimmy Carter.

Mike   July 7th, 2008 2:28 pm ET

Pamela, from your comments in quotes below, you must not read McCain's policies or take a look at his website. He addresses Iraq in his goal of balancing the budget by 2013. Don't be blindsided by Barack, who has never done a thing in public office and learn about McCain, a real hero, who loves this country and wants to see it succeed more than anyone else.

"McCain still doesn't seem to understand that the largest 'excessive spending' issue right now is the war in Iraq!" -Pamela

NO OBAMA CRY BABY OBAMA   July 7th, 2008 2:28 pm ET

YOU CAN'T DEPEND ON ANYTHING OBAMA SAYS. HE'S RUNNING ON CHANGE BUT THE ONLY THING FOR SURE IS HE WILL CHANGE HIS MIND EVERY OTHER MINUTE. I HAVE NEVER VOTED FOR A REPUBLICAN IN MY LIFE BUT I DO BELIEVE McCAIN WILL DO MORE THAN OBAMA. OBAMA IS MORE INTERESTED IN GLITZ AND IS AN ELITIST THAN HELPING THE AMERICAN PEOPLE. THIS IS WHERE WE NEEDED HRC THE PEOPLE NEW BUT THE DNC AND MEDIA MADE THEIR OWN CHOICE. IT TOOK A CLINTON TO GET OUT OF THE ECONOMIC MESS BUSH GOT US INTO AND IT WOULD TAKE ANOTHER CLINTON TO GET OUT OF THIS HORROR . SO NO MATTER WHO WE GET WE'RE STUCK WITH IT. McCAIN AT HIS AGE WILL ONLY BE IN OFFICE 4 YEARS AND OBAMA WANTS 8. WE NEED CLINTON 2012 TO GET US OUT OF THIS ECONOMIC MESS

aware   July 7th, 2008 2:28 pm ET

Obama is no Bill Clinton! And, he doesn't have the grasp of issues or the ability to address them like Hillary Clinton does.

He blows with the wind and says whatever is politically expedient. Jeremiah Wright was right about Obama!

McCain 08 – the only wise choice! :)

Alex McMahan   July 7th, 2008 2:27 pm ET

Clinton/Gore primarilly benefitted from Ross Perot. They won with only 43% of the vote.

mary   July 7th, 2008 2:26 pm ET

And the main problem for Senator McCain is that with little meaningful exceptions, his economic plan mirrors the current Republican office holder's, and we all know how effective that has been. We can't continue to be a debtor nation and hope that the free market will naturally take care of things. You can't spend more than you have whether you are a single family or a nation. If I followed the same economic policies as the U.S. government, I'd be bankrupt.

Karen from Charlottesville   July 7th, 2008 2:26 pm ET

We need a paradigm shift in the USA. Let's make saving and Victory Gardens trendy.

Jamie   July 7th, 2008 2:26 pm ET

I think John McCain said it best: "I have to admit I know very little about economic matters, the economy is not my strong suit."
End of story.

Alanna   July 7th, 2008 2:26 pm ET

"Sure has a whole lota no we can't."

Oh come on McCain. Is that the best you can come up with. You didn't even sound serious when you said it.

Give it up.

Tom Eyemdaman   July 7th, 2008 2:25 pm ET

Ah, so the truth comes out! The Democrats in congress made the economy bad so that it would benefit them in November!!!

Just like a "terrorist attack would benefit the Republicans", a recession will benefit the Democrats.

LT for Obama   July 7th, 2008 2:24 pm ET

How is McCain going to achieve all of this if he is still spending 12 billion in Iraq monthly?

So much hoopla about McCain and his plans but how is he going to pay for them?

Tom   July 7th, 2008 2:24 pm ET

Even if McCain wanted to adopt a more pragmatic, sensible, and even bipartisan approach to spending, taxation, and the economy, does anyone for a second believe that the right wing extremists in his party and in his campaign – who worship at the temple of privatization, deregulation, tax cuts for the wealthy, and more power to multinational corporations – would ever allow him to? McCain has clearly sold his soul to the right wing in an attempt to get elected; very little else matters to him now.

For example, his "energy policy" is premised on the notion that more tax incentives for the big oil company and more drilling in environmentally sensitive areas will somehow miraculously lower gas prices, even though most experts don't see these as helping. Also, on the premise that a 3 month "gas tax holiday" will make much of a difference for consumers. The gimmickry and vested interests inherent in these "positions" show how out of touch McCain really and truly is.

Todd in Texas   July 7th, 2008 2:23 pm ET

Democrat policies have worked so well in the past, lets try them again. Oh, they haven't worked. We have a Congress full of Democrats, and the politcally uneducated are going to come out and vote for a Democrat President. Yeah, that will fix it!

Alanna   July 7th, 2008 2:23 pm ET

McCain has a press conference right now.

Sounding like a total dofus and the audience behind him looks a bit bored.

Doesn't even know what straight talk means

Nam Vet   July 7th, 2008 2:22 pm ET

President Clinton proved one thing beyond a shadow of doubt . . . "tax and spend fuels the economy." You are reading this from the keyboard of a Republican. President Bush's tax cuts helped some of us and the stock market soared above historical heights. Even though "tax cuts" fuel the economy, "tax and spend" accelerates the economy at a greater rate. Obama will undoubtedly follow the latter course when he is elected (and who can doubt at this point that he will?) My question is this . . . is money all that matters to Americans? Apparently it is.

Susan from Scotts Valley, CA   July 7th, 2008 2:22 pm ET

Marie, instead of spending $845 billion on global poverty, lets send that money to bribe militias in Iraq who used to shoot at us and do what we can to rebuild THAT country. That makes much more sense.

Joe, Chicago   July 7th, 2008 2:22 pm ET

McCain= NEOCON Foreign and Domestic Policy ADVISORS= Pure Evil

MMN - Milwaukee WI   July 7th, 2008 2:22 pm ET

1992 Déjà vu; It’s the economy stupid.

Anonymous   July 7th, 2008 2:22 pm ET

Independent Voter–another brainwashed in the closet conservative. How can you call him phoney when everything coming out of McCSTank and the current admin is all PHONEY! Face it, it's not his words thats making you say this….Be real with yourself first.

Interesting   July 7th, 2008 2:21 pm ET

Dave,

Not sure who you think Obama is ridiculing?

I don't see how the small amount of oil offshore is going to lower our dependence on foreign energy?

Also McCain's offering 300million vs Obama 1.5 billion/year for 10 years to develop alternative energy technologies.

Dems control both houses. If McCain gets in, it will be more gridlock. If Obama is in, a great deal will get accomplished because they will have a lot to prove.

grant   July 7th, 2008 2:21 pm ET

Vote for McCain and watch the country go down the drain!

Tim Powers   July 7th, 2008 2:21 pm ET

one of the biggest worries investors have right now is what obamanomics and the dems are going to do in regards to taxation of anyone that is capable of earning an above average income and done exceptionally well for them selves. Penalize the financially successful!! Can't wait! If obama gets elected you will watch the market crumble….

mitchell hussein martin   July 7th, 2008 2:21 pm ET

the war in iraq is directly related to our failing economy,and skyrocketing gas prices.the instability we caused with the invasion of iraq,was just the start.the threats back and forth between usa and iran are perpetuating the problem,not to mention what it's gonna take to get afghanistan back on track,since diverting our attention to iraq and their wealth of oil,and not going after the real terrorists hiding in pakistan.republicans are finding out,people are better educated,now,and we wont be fooled any longer.

HRC3655   July 7th, 2008 2:20 pm ET

Bad news for the country if BO is elected!

Sammy   July 7th, 2008 2:20 pm ET

Its only July and fair people will listen to the economic plans of both. November is several months away and people should not come to a conclusion until after the plans have been heavily sifted. These bloggers who already unquestioningly support the economic plan of their candidate would dismiss the opponents plan even if every economist in the world said it was better. Yes its the economy stupid, and I will listen to what the economists say will best get this country out the hole its in. Remember the old saying… when youre in a hole stop digging.

Susan from Scotts Valley, CA   July 7th, 2008 2:20 pm ET

Dave, Ideas to fix the economy? Including balancing the budget? Uh…yea…When was the last time you were able to balance your budget when you didn't increase your income (i.e., he's going to keep the Bush tax cuts and in fact give more tax cuts to corporations) and didn't decrease your spending (i.e., he's going to keep us spending money we don't have in Iraq). Even a fifth grader can see that math doesn't work.

The only way he can make that work is to cut valuable programs (not just his so-called pork barrel spending), which means programs that the rest of us (and not his rich friends) rely on.

That will be great for the economy.

Mark   July 7th, 2008 2:19 pm ET

Jessica, the Dems have had Congress for a year and a half, the GOP held it for the better part of a decade, whose responsible again?

Paul W., Tampa, FL   July 7th, 2008 2:18 pm ET

What do you mean the economy is bad? When the GOP inherited it from the Clinton it was great, as good old Slick Willie fixed all the errors of inbreeding caused by 12 years of GOP control. And now it is bad again? Will we ever learn that Republicans are bad for the Economy, bad on Foreign Policy, and bad on National Security…(AKA 9/11 didn't happen on old slick Willie's watch).

We need a 12 step program to get ourselves off of electing Republican'ts!

Veteran in Kansas   July 7th, 2008 2:18 pm ET

Actually, the economy may have been down when Clinton beat Bush back in 1992, but it was fantasic compared to today.

As a former Republican, a reminder, a balance budget under Clinton, a budget surplus, under Clinton……………..under Republican control of the White House and Congress, tax cuts to the upper incomes, no balanced budget and major, major defeict spending. They call Democrates tax and spend, at least Democrates seem to have it to spend, unlike tax cut and spend Republicans. The dollar was worth what in 92 compared to today………….Who would have though a Republican could destroy the American economy as fast as he did, can we afford 4 more years of McSame.

Anonymous   July 7th, 2008 2:18 pm ET

He admitted that he is weak on the economy, he went to COUMBIA to talk about trade that will TRADE more jobs from here to there–He is in lock-step with Curious George W B's economic policy–Oh yeah, since HE can't come up with anything that will turn his pathetic campaign around, what does he do? He focus's on Obama's every word instead of coming up with his own. He is so done with the election. All of you McCstankofiles are just arguing something that is pretty much a done deal. This ridiculously old man will NOT be president! Not in this race and he will be WAY TOOOO OLD to run again!! THANK GOD!!!! McCstank gone, more seats in the Senate, more seats in the House and OBAMA as president……THE PICTURE FOR THE FUTURE LOOKS FANTASTIC!!!! Now let's keep the repukelicans out of government 4EVER!!!! THEY SUCK! MCCSTANK SUCKS lolololol ObamaObamaObamaObamaObamaObamaObamaObamaObamaObamaObama!!!!!!! Change is on the way!!!!!!

MrManhattan   July 7th, 2008 2:18 pm ET

July 7th, 2008 12:50 pm ET

>>McCain has an economic plan.

Of course he does: Marry a rich woman.

What about the rest of us?

Ken   July 7th, 2008 2:17 pm ET

This is just another reason why Obama needs to have Hillary Clinton on the ticket as his VP. We seen it when President Clinton was in office that we ended up with a balanced budget, a surplus and the economy was doing great.

Obama/Clinton 2008

Marilyn   July 7th, 2008 2:17 pm ET

Obama is no more qualified to manage our economy than he is to address foreign policy. Hopefully McCain will select a VP candidate with strong fiscal credentials to help him get things straightened out. I certainly don't think the socialist desires of Obama will help matters any.

L   July 7th, 2008 2:16 pm ET

Finally. I laugh whenever i read about bush ruining the economy when really everybody should realise there are ups and there are downs in the economy (as there are bull and bear markets in the stock market).

After 9/11 there was a downturn and then a huge boom. House prices were becoming so expensive and out of reach of the lower income earners. People never complained about this though, its only now that the bubble burst that people blame the bush administration, when in actual fact it had to happen.

We will be in a downturn for a while yet and then the economy will grow again. its the nature of economics.

Michael   July 7th, 2008 2:15 pm ET

CNN, I think it is in poor taste to make reference to Clinton/Gore with the issue of the economy, in an article biased in favor of Obama, when Obama was appointed the democratic nominee over Clinton's wife, Hillary. If you hope that voters will be psychologically movitated to vote for Obama given Clinton's historic election and stewardship of the economy, don't count on it.

Mike   July 7th, 2008 2:15 pm ET

It is ridiculous to even imagine selecting McCain for presidency. Even though Obama may not be the best person to run the office, i am absolutely certain that DNC was and is a better choice when it comes to economy. If we make a mistake once its understandable ( Electing Bush Senior), if we make the same mistake again, its still understandable (Electing Bush current), but if we make the same mistake the third time (Electing McCain), i do not think we deserve mercy!!!! Open your eyes! Barack is a better choice from the 2 even though he is not above par!!

Felly   July 7th, 2008 2:14 pm ET

I can't remember the last time a Republican President has balanced a budget. Bush was handed a balanced budget by President Clinton and he turned around and squandered it in Iraq. Sorry McSame, you have no chance in November as we the people are ready for a change we can believe in.

William,from Cali!   July 7th, 2008 2:14 pm ET

Its the same "old thing" all over again. One party( the DemocRATS) saying 'HOW BAD THINGS ARE"! and "vote for us; we will fix everything". And the other party (the Republicans), saying; "although things are bad; they aren't that bad, that you can't vote for us, again". Who's right this time? I guess we will have to wait and see. In the meantime, nothing gets solved, NOW!!! We just wait,til the next time; when we think, "things have gotten worst"…………………………………

Kimberly   July 7th, 2008 2:14 pm ET

If you like the way the American economy is right now. Vote for McSane, if not VOTE OBAMA. It is really just that simple. If you make less than $250K, then expect a tax break. If your income is higher, You man is McSane. The OLD man of yesterday. It is a new day in politics and Barack has our backs. Let's see if the McCain campaign can plan an event topping the 75,000 stadium speech. I would venture to guess he couldn't fill a 500 seat stadium This man is way past his time.

OBAMA 08

DJ, LA, CA   July 7th, 2008 2:12 pm ET

This time the economy is even worse with all-time record gas prices, predatory lenders, housing crisis, and endless war.

Bill Brown   July 7th, 2008 2:12 pm ET

I wish you pundits would quit referencing 1992 as if there is some sort of relevance between that race and this one.

For starters, the notion that a race is ALWAYS won on the economy was proven decisively wrong in 2000 when Al Gore lost during the sunniest economic skies in history.

Furthermore, you are not telling the whole story. The 1992 race has an INCUMBENT who was blamed for the recession. The last time I looked McCain was not in the White House and – in fact – had voted against the very legislation the Dems say is causing this.

And Bill Clinton actually did provide an economic plan. He had no intention of lowering taxes, of course, and he didn't, but he did offer a plan.

Can anyone tell me any economic plan Obama has other than to 'raise taxes on the rich?'

McCain may well lose. But you folks at CNN ought to be fair and when you give Bush's approval rating, you need to point out just as loudly that even at its nadir, he is still more popular than Congress.

Farrell, Houston, Tx   July 7th, 2008 2:12 pm ET

PEOPLE DON'T FORGET THIS ISN'T JOHN MCCAIN'S FIRST TIME CAMPAIGNING AND HE STILL DOESN'T KNOW HOW TO MANAGE A CAMPAIGN. HE SHOULD HAVE BEEN WAY AHEAD OF OBAMA IN STRUCTURING A CAMPAIGN IF "EXPERIENCE" COUNTS.

Get Real   July 7th, 2008 2:12 pm ET

For all of the repubicants that suggest the Dem controlled Congress is to blame, please consider that the Repugs set a record last year for the most filibusters in one session of Congress. That's right, the Dems have been trying to fix things and the Repugs have been blocking all of ther efforts. Now that's progress.

Rudolf   July 7th, 2008 2:12 pm ET

Amrican voters,join me to vote for Obama and stop this mess

HSNP   July 7th, 2008 2:11 pm ET

We need Hillary!!

Donna Canadian Observer   July 7th, 2008 2:11 pm ET

And ya all let an unknown, unproven, inexperianced 2 nd year senator that comes from a state that he has done very little for, Obamas state was ranked 44the as best state to live, well now your gonna get that for your whole country!

james   July 7th, 2008 2:10 pm ET

Why is it that we never see any of McCain's kids?

saga4obama   July 7th, 2008 2:10 pm ET

lets see, it took the Republicans to screw it up, Democrats to fix it, Republicans to screw it up Again…and then some More….Now let the Dems do what we do best…FIX the Repubs MESS!!!
OBAMA 08
will some one tell me why wont Johnny release his Military records? i mean he IS a war HERO right? WHAT DOES JOHNNY HAVE TO HIDE?

and don't get me started on the "McCain" economic plan written out by "ENRON LOOPHOLE" Gramm…America fell for that stuff with Bush and see how we are doing now? 500,000 jobs lost since the first of the year, food and gas record high, people loosing their homes, and Billion Heir McCain with his 10 homes (caught not paying taxes on his SoCa home) whose Barbi, just laid off hundreds of American workers…Johnny McCain, Daddies boy McCain has a plan…what is it "let them eat cake"? HA!!!…NO THANX MCCAIN

roland   July 7th, 2008 2:10 pm ET

Mccain words:- I have to admit I know very little about economic matters, the economy is not my strong suit.

American voters,are you stupid?

Len in Washington   July 7th, 2008 2:10 pm ET

Let's see….TWO different "Bushes" in the Whitehouse and now TWO elections following them where "It's the Economy, Stupid" is the cry of the season. So much for the programs and policies of the Republicans!

LT for Obama   July 7th, 2008 2:10 pm ET

For those of you who keep talking about Obama raising taxes, you are so off base. He is cutting taxes for lower incomes and raising taxes on those who can actually afford it. His plan includes adding up to $1000 back into our paychecks with reduced payroll taxes for those of us making less than $250,000 and $200,000.

As for spending, once he ends the 12 billion spent in Iraq each month, we will have the funds to spend on other projects that he is planning. Additional funds will come from the additional taxes on big business and the rich who really need to pay what they owe and stop getting such wonderful breaks while the rest of us suffer.

Try listening to the candidate and not the media and you would already know all of this.

MIKE   July 7th, 2008 2:09 pm ET

I guess the Fuehrer and McSame know more than the American people. They both say the economy is good.
And remember – McSame is going tio enlighten us this week on his plan to have a balanced budget "by 2013″ I sure can't wait to hear this one. Keep reducing taxes, Keep giving business tax breaks, etc and majically the budget will balance. What about the billions each month we are paying for the Iraq War – oops, that is not in the budget so it doesn't count in a balanced budget. Guess the tooth fairy is going to pay for it.
They are in never, never land. This country is in bad shape and it will take years for us to recover.

Realistic   July 7th, 2008 2:09 pm ET

Alright, W! Last year the only thing that your few remaining supporters could point to was that "the economy was still going strong." But now that the economy is heading into the toilet, you've accomplished that rare "perfect record" as a president — you've done absolutely nothing right.

Anybody who continues to support the Repubs after the last 8 years of disaster is a Fool.

Dusacre   July 7th, 2008 2:09 pm ET

Independent Voter,

It is very sad when you compare Obama to Hitler. I am a German Jew. My parents were killed by Hiltler… People who know history will never put Obama and Hitler in the same place or even likeness what so ever. Obama is a good man and America as well as the world needs Obama.

After 8 years of Bush, what do you expect grandPa McCain to bring? A never ending war? BOOMB BOOMB BOOMB IRAN?

If the republicans cannot fix the economy after 8 years including 4 years as a maojority in both houses, then what can an old man like Mccain realistically do for this country?

Ken   July 7th, 2008 2:09 pm ET

Independent Voter

You are not…you're a Republican. Your little screed doesn't even make sense.

Marie in California

Got anything to back up that figure? Can you even explain McCain's economic plan? Did you know Obama plans to cut taxes too? And how about that $10 billion a month war? Don't you think that might the big drain on our economy?

midget   July 7th, 2008 2:08 pm ET

McCain will veto any bill with pork attached. Obama will raise taxes. Sounds like an easy pick to me!!

H. Thompson   July 7th, 2008 2:07 pm ET

America was incredibly stupid to erase its prosperity by putting it in the hands of one of the dumbest and most incompetent presidents of all time in GWB.

If America elects McCain in November, it's over. There will be no sympathy coming from the international community. America, once a great superpower, will have squandered its potential for recovery. It may not ever recover in this generation.

McCain is an old, medicated man who, by his own admission, has a limited grasp of economics. Who would trust the country's economic future to someone who can't wait to start another war?

California Voter   July 7th, 2008 2:06 pm ET

Unfortunately, Obama and McCain are no Clinton, and it's going to take everyone making changes in their lives to turn the economy around. We needed a moderate democrat in charge and it doesn't look like that's going to happen.

Cynthia - Arkansas   July 7th, 2008 2:06 pm ET

I believe the definition for insanity is doing the same thing over and over and expecting different results. McBush is going to continue the same failed policies and hope for a different results. Trying to convince workers that NAFTA is good for the economy won't do it. Giving big oil tax breaks won't do it. Cutting programs that help real people won't do it. All they do is attack Obama! That's as far as their plan goes.

I guess the Republicans would like to call the Democratic Convention a hitler style event. I can't wait to hear what 75,000 supports sounds like. I plan to be there!

Cynthia - Arkansas   July 7th, 2008 2:06 pm ET

I believe the definition for insanity is doing the same thing over and over and expecting different results. McBush is going to continue the same failed policies and hope for a different results. Trying to convince workers that NAFTA is good for the economy won't do it. Giving big oil tax breaks won't do it. Cutting programs that help real people won't do it. All they do is attack Obama! That's as far as their plan goes.

I guess the Republicans would like to call the Democratic Convention a hitler style event. I can't wait to hear what 75,000 supports sounds like. I plan to ge there!

vick   July 7th, 2008 2:05 pm ET

Mccain go home please!!!!!!!!!!!!!!!!!!!!!!

j Clark   July 7th, 2008 2:05 pm ET

Didn't the ticker just say that a poll was a bad sign for Obama a few days ago?

A nightingale Sings in Berkley Square   July 7th, 2008 2:04 pm ET

I have been wrong all along. Barack is the man to save us from Bush's failed policies., not John the Traitor. Alas.

fair and balanced   July 7th, 2008 2:04 pm ET

"Independant Voter" said "Hilter-esque" in describing Barack's convention speech venue change. That is fear mongering!! Let's be civilized.

McCain did not actually say he was weak in the economy. He said he is better at foreign policy. I play sports but I am better at singing. Does it mean that I am weak at sports?

Let's be fair and balanced so we can choose the best person from what we have left.

Little Lulu   July 7th, 2008 2:04 pm ET

First of all, let me say that I am and have been up until NOW a democrat. Now I don't have a clue what I am, but it sure "AIN'T" DEMOCRAT. Yes, our country is in way over our heads in many, many areas. And the war that so many people detest so much seems endless. But the fact is that we are there, we have to finish it and not walk away like with Viet Nam.

The main concern of mine is that Barrack has been a money person from day one. He spends, spends and tries to milk the American people out of more, more, more. Just take a wild stab at this latest venture of his to move the convention. He spends like he can just print up a new batch of money (or keep milking the stupid US citizens who jump at his every wish. He does not have America in mind or he would not be taking advantage of hard-working American people who have a hard enough time putting in a tank of gas or a meal on the table. These are hard times, he supposedly has the nomination in his pocket (after being self-selected) so why does he feel so compelled to spend so big on the convention??????? Put that money to good use by helping out the American people and not his own arrogant, self-proclaiming needs. I'd like to have a make over myself but the DNC won't pay for it – they're to busy trying to spruce up Mrs. Obamanation. McCain may not be the total answer – but he is the BEST CHOICE.

Ellen in Ohio   July 7th, 2008 2:04 pm ET

I find it sad that some comments have no basis, so the person making them has to resort to "McSame" and "McBush." Anyone in Washington can attest that John McCain is his own man…if he is elected it will not be "four more years of Bush"…it will be four years of McCain.

Just a few months ago he was not conservative enough to win the Republican nomination. Now that he has, the left is attacking him as a super-conservative George Bush Jr. McCain sounds like he has practical, REAL solutions…based on his experience as a lawmaker. Obama is an idealist…it sounds great, but good luck getting any of it to happen!

I believe the Bush presidency has been a horrible time for our nation (an unnecessary war, for instance), but an equal amount of blame for the current state of the economy belongs on the shoulders of CONGRESS, in which the majority are Democrats.

Well Informed Voter   July 7th, 2008 2:04 pm ET

Sen. John McCain is not much of choice, and that only leave Obama in play.

Brian   July 7th, 2008 2:04 pm ET

Did I miss something or is Obambi's party not in charge of BOTH houses of congress. The economy was fine until the big government tax and spend libs took back power. There is nothing progressive about Obama he represents the same tax and spend, wealth redistribution, big government quasi- socialism every Dem candidate from Carter to Clinton has tried to push. Nothing new there, just a different packaging!

Obama 08: Female, 60, white   July 7th, 2008 2:04 pm ET

Dave: How much is the illegal war in Iraq responsible for our debt??

SDunn   July 7th, 2008 2:02 pm ET

Please Dave from Illinois please let us know in detail what McCain's economic policies are! 5, 4, 3, 2, 1……………..???????????????????????? The stupid gas tax holiday?????? The holiday that will take funding from the infrastructure budget that provides for the maintenance of our roads and bridges? The funding that provides jobs???? What else do you have? Obama has a blue print for his policies in detail on his website. Please get off the McCain media frenzy koolaid. It wouldn't surprise me if McCain begins to use Obama's policies as his own anyway just like he tried copying off his slogan.

Gilbert   July 7th, 2008 2:02 pm ET

When is the country going to get tired of the Bushes and the republicans running our economy into the ground only to help their select few? I am-GO OBAMA

vick   July 7th, 2008 2:02 pm ET

lol Bush was president in 1992 and our economy was doing bad now little Bush is in the office the economy does worst.

Patrick Henry, Fort Myers   July 7th, 2008 2:02 pm ET

What an absurd report.
The economy has been #1 or #2 since the end of the Vietnam war–and so far not a single politician has done a whole lot to change that?

Just once–I'd like to see a President actually return more of our money to us–instead of just promising to do so. Despite the dramatic financial need–the size and cost of government has multiplied to 20% of our GDP–not including military spending. It's time we had some real change–and I'm afraid neither McCain nor Obama have the bravery or the ideology to to it.

Bob Barr 2008

Libertarian Party–real change you can be proud of .

goofus   July 7th, 2008 2:02 pm ET

The sad thing is that everyone can see the economic hurricane coming right for us…and it will be just one tumbling house of cards after another. Let's just pray this doesn't become a depression en route to WWIII. My crystal ball worst-case scenario is a the new tripartite: China, Iran and Russia against the world.

mitchell hussein martin   July 7th, 2008 2:01 pm ET

darn right,we'll hold republicans accountable.we need a democratic president and democratic majority in congress or this country may be headed for bigger problems than we have now.throw the bums out! former republican for obama '08

Obvious   July 7th, 2008 2:01 pm ET

can be* won

Mike - Texas   July 7th, 2008 2:01 pm ET

If you look at Obama's economic plans, I'm afraid that he'd FAIL economics101.

Everything that he is stating is going to add to the economic down turn.

KOS   July 7th, 2008 2:00 pm ET

Oh yes we need these polls months before the election and before a single debate. B. Hussein Obama has no plans for helping our country other than taxing the rich. For those lefties who think that's the solution for everything, move to a socialist country that mistakenly believes the government knows what's best for everyone. They'll let everyone continue their debt inducing lifestyles and have the wealthy pay for all of it.

S. Boatman Warrensburg Mo.   July 7th, 2008 2:00 pm ET

Cutting Or Raising Taxes Will Do Nothing. . . . Its About How Much You Spend! Mccain Will Cut Taxes But Continue To Spend In Iraq! Mccain Will Bring Another Great Depression To America!

Crush Rush   July 7th, 2008 2:00 pm ET

Credit Card Republicans can be thanked,rather than tax and spend now they would rather use a chinese credit card and let our kids and Democrats pay the bill.If thats not a shell game ,what is?Even Limbaughs dittoheads know it, but are too stupid and or rich to care.

Ralph   July 7th, 2008 1:59 pm ET

The bottom line is the Barack Obama will be the president of the United States…..like it or not! After all that this country has been through the past eight years (i would like to thank the state of Ohio for the past four of those years), it seems that everyone in this country should be looking to go in a new direction. I guess some people are just gluttons for punishment. Vote for McCain and you shall be punished. Ohioans and Floridians, as well as the Carolinians, I hope that you are reading.

SDunn   July 7th, 2008 1:58 pm ET

Liz, you can't balance the budget when you're borrowing billions of dollars from foreign banks to pay for the Iraq war. Yes what McCain said in those last statements sound good, but how is he going to balance the budget when we're 9 trillion dollars in the hole and we're still borrowing money for a war that he doesn't want us out of. We're spending 10-12 billion dollars in Iraq every day, but yet our real enemies who killed the citizens of this country are the Taliban in Afghanastan. Please use your head. How is he going to balance the budget when he wants to continue George Bush's same tax cuts to the wealthiest of americans and corporations? Sorry but John is talking on both sides of his mouth. He now claims he's a fiscal conservative, but yet he wants to put us further into debt and still benefit from the tax cuts for the wealthy. Don't fall for his crap. He has no economic policy that will benefit the hard working people of this country!

In Houston   July 7th, 2008 1:58 pm ET

How can Mc Cain simulatneously support continuing a war costs us 720 million dollars a day and talk about cuts in government? A total contraditction. Where is his plan? He is starting to sound like Obama.

Michael   July 7th, 2008 1:58 pm ET

Maybe we should elect democrats to the House and Senate so they can fix it… Oh wait, we already did and they failed miserably. The spineless cowards couldn't even stand up to a president with a 20% approval rating. The Democrats have been played as the fools for years now and I don't see that trend reversing anytime soon.

Dawn   July 7th, 2008 1:57 pm ET

blah blah blah, Democrats control congress, why should this be bad news for McCain?

Peter   July 7th, 2008 1:56 pm ET

It sure seems like we went to Iraq for oil and to keep it flowing for our big oil companies. Problem is, Bush and the boys have messed it up so bad that we do not have stable supplies. With the need for more oil here to power our Hummers and for oil in China and India to continue to make products for our consumption, we are stuck with high prices. It's not all Bush's fault–Reagan cancelled tax credits for solar and wind power as soon as he got into office–but Bush's policies and shortsightedness have made a big problem bigger and bigger.

Would be nice if Congress could do something, but with 49 Democratic Senators and 49 Republican Senators–well, you might understand why nothing gets done.

It is time for change. The policies don't work and, unfortunately, Sen. McCain (a man I admire) hasn't proposed anything to help. Just keep following Bush's failed policies. We can't afford that anymore.

Mike D   July 7th, 2008 1:56 pm ET

Mccain is toast, he has no plans for the future, only to continue the same downward spiral we are caught in right now. Only the 5% richest of the population have a real economic interest in supporting mccain.

al   July 7th, 2008 1:56 pm ET

**********************************************

WE'RE IN THIS HOLE BECAUSE OF POOR SPENDING AND ONE OF THAT POOR SPENDING IS THE WAR IN IRAQ.

pam Eugene OR   July 7th, 2008 1:55 pm ET

McCain says he doesn't know anything about the economics and he can't help us with that. He wants to stay in this horrible war that makes financial matters worse. AFTER the convention Obama needs to debate McCain and let the people really see the difference between the two men.
Obama has the vision and the answers and McCain has the same tired old stuff that has not worked.
Obama for a better America

Michael   July 7th, 2008 1:55 pm ET

Polls like this are only making it worse. When McCain wins in the face of "everything that's stacked against him", the entire world will be crying out "racism". Of course, no one will mention that Obama was a non-viable candidate who was completely unelectable. He's been given the Free-Ride Press Express. Can you imagine if John Kerry had done some of the things Obama has done? He would've been kicked out of the party. This blind support for Obama is doing much more harm than good for the democratic party.

Mauri   July 7th, 2008 1:54 pm ET

Every time someone criticizes Bill Clinton's presidency, I recall 1992 when he took over from another Bush. There were absolutely no jobs to be found in Houston, which is usually one of the best job-providers in the country. By 1996, the economy was humming again, and only then was the recent college graduate living in my home (son) able to find a good job. Now, 12 years later, he and that same employer continue to keep company. Anyone who cares to should research this period so that an educated vote may be cast in November.

Nom Deplume   July 7th, 2008 1:54 pm ET

Dave,

You comment on McCain and mention drilling. Obama isn't for drilling because it will harm the environment and not end our dependence on oil and other polluting fuels.

If you understood, you would know that the only way to end our dependence is to force people to alternatives like public transit, biking, or living closer to the cities. Gas should be $10 per gallon, then the dreams of a less polluted earth with fewer fat cat oil company executives and fewer greedy shareholders will be realized.

JB   July 7th, 2008 1:54 pm ET

David, Silver Springs-

YOU ARE ABSOLUTELY RIGHT!! Trickle down does not work. It used to, but now, tax cuts for businesses means PAY INCREASE FOR EXECUTIVES!!

Jack up the taxes on those making $250,000, decrease taxes for those who make less.

The elites are the ones who make our policy and SPEND our tax dollars, let them have a bigger responsibility for paying for it.

Enlightened Voter   July 7th, 2008 1:54 pm ET

Hey people, I love how you love explaining away how the problems today aren't Bush's fault. Without getting into a long drawn out explanation of why they specifically are, I will say one thing and one thing only – THE IRAQ WAR COSTS US BILLIONS EACH MONTH

Al, NY NY   July 7th, 2008 1:53 pm ET

Jessica. You want to know where the Democratic Congress is? It's there trying to get things done, only to have Duh veto anything he doesn't like OR have his lemmings in Congress (who unfortunately still number too many to override filibusters, etc) nix anything they try.

Chad in Ohio   July 7th, 2008 1:52 pm ET

When your only economic idea is to cut taxes for the wealthy and let those benevolent markets sort it out, its hard to take you seriously as a candidate with 'solutions'. Been there, done that, no McSame…

Beverly Wilkins   July 7th, 2008 1:52 pm ET

McCain needs to STOP talking about more WAR and start talking about domestic issues. We need help here at home. He doesn't get it. I am tired of this BS!!! Housing market-down, gas prices-up, jobs-down, borders-unsecure, immigration-out of control…..memo to new McCain staff TAKE NOTE!!!!!!!!!!!

JB   July 7th, 2008 1:52 pm ET

Longtime Obama supporter with the glimmer of remorse:

So now, in a new ad, Obama is claiming that he pushed for Welfare reform while in IL politics.

Lie!!! We are not stupid Senator. You were quoted as saying you thought welfare reform was "racist". The reason why there was welfare reform in IL is because the federal government made you. Clinton originally vetoed the bill twice, and finally signed it prior to his reelection bid. That MADE states act. You were against welfare reform. And were very verbal about it. Don't play us the fool!

Cut this garbage out Senator, or you will remain just that, a Senator.

Undacovabrotha   July 7th, 2008 1:52 pm ET

David,

You are so right. Time to take from the fat cat suburbanites with their six figure salaries and time shares and beach houses and stock portfolios. Roosevelt once wanted to cap salaries at 25,000 per year and thought no one should earn more than that. We have lawyers and judges that earn 200K per year.

It is time for the people to rise up and take back the wealth that was earned through their sweat and labor. When we progressives say this, we are called communists. It isn't communism to take back what is ours, right?

Maggie Muggins From Selwyn   July 7th, 2008 1:51 pm ET

What people in the U.S. need to do is become familiar with how people live in some of the other modern societies in the world and then examine how they achieved the quality of life they now enjoy. This can't be accomplished by thinking you are the master race in the greatest country in the world. You have to take steps to make your country the greatest in the world and it is a shame with all your resources you are so far behind so many others.

SrChief   July 7th, 2008 1:51 pm ET

The reason the general public blamed President Bush (Sr.) for the economy is that very few people understand how it all works. New policies to improve the economy were put in place during the Reagan era. These policies took hold near the end of the third year of Bush Sr.'s administration. The economy indicators were all positive by the end of the Bush Sr. era and was in full swing through almost 7 years of the Clinton administration. The indicators then tanked and started down. The downward trend was excellerated by 9/11 but their has been fairly strong management to slow the downward spiral. I agree we are now in the beginning of an unavoidable recession. Recessions are, unfortunately, normal and exist as much as strong economies. Most of the economics are handled by the Federal Reserve Board and people such as Greenspan and the current Chairman Barnake, not the president. The public blaming Bush Sr. in the 1992 election for a bad economy or praising Clinton for the Good economy is a uninformed opinion that proves that the average voter doesn't know what he is talking about.

Richard, FL   July 7th, 2008 1:51 pm ET

It's Stupid's economy.

Marc   July 7th, 2008 1:51 pm ET

What you geniuses fail to realize is that managing this war is integral int solving the problems of our economy. McCain has the experience and backbone to do this. And before you go crying that he said he knew nothing about the economy, realize he says this with the intention of hiring the people who can help with this. Barack Obama's ego will never let him admit he doesn't know something when in fact, the record shows he knows and does very little but give big speeches and wastes low income folks' money.

Former GOP   July 7th, 2008 1:49 pm ET

Polls show where the people are. Too bad the press is not leading the way. Wake up America and vote in people with judgement and knowledge. We don't need more "experience" in heading us down the wrong path.
Obama 08

JIM...TX   July 7th, 2008 1:49 pm ET

If McSame is saying NAFTA and CAFTA are the answers to our economic woes he IS an idiot! They may have made our South American neighbors better off but certainly not us.

Ms. Sims   July 7th, 2008 1:48 pm ET

@New Yorker…what plan does McCain have? (crickets…)

Jim   July 7th, 2008 1:48 pm ET

Dave in Illinois has it correct. The media is still blaming all of America's woes on a lame duck President.

Doesn't anybody out there know what congress does???

David Goldman   July 7th, 2008 1:44 pm ET

IT'S BAD ENOUGH THAT THIS MAN IS A SLEAZY, DISHONEST

MORONIC IDIOT, BUT WORSE, THAT HE THINKS WE ARE

MORONS AS WELL. THERE IS NO KNOWN MATH THAT

CAN BALANCE OUR BUDGET WITH THE MCMORON PLAN.

California Gold   July 7th, 2008 1:43 pm ET

McCain is too busy trying to move staff around, too engaged with travel plans to Mexico, Canada and Columbia, and too busy focusing on what his opponent is doing to notice our economy is in the dumper and voters aren't the least bit pleased with the Republican President. Can you imagine his temper blow up and emotional outburst/melt down on election night when he loses by record setting margins? He may need medication to not look bitter during the speech when he concedes the election.

K in CT   July 7th, 2008 1:42 pm ET

What we need to do is STOP thinking about the candidates as Repub of Democ and start listening to WHAT they are saying.

DO we really believe that who ever gets elected will work for our best interests? Can we really believe that they will make the changes that will benefit ALL Americans? Get us out of the MESS we are in? We need to vote for the best candidate not the one the press is pushing, not the one that will be "the first" anything. We need to be able to TRUST the someone we elect and for him to put his integrity where his mouth is.

We need someone that we can trust to do the right thing for us and our country.

Richardson for V.P   July 7th, 2008 1:42 pm ET

someone needs to put a muzzle on Msnbc's andrea mitchell. she is against obama and needs to be stopped, silly old ugly troll…

Linda K.   July 7th, 2008 1:41 pm ET

If you want experience, vote for McCain.

He has experience supporting Bush tax cuts for the wealthy. He has experience in sending jobs overseas. And of course, by being married to an heiress, he has a great deal of experience in buying houses, jets, and other nice things.

In 1928, American elected an experienced Republican named Herbert Hoover. That worked out well, didn't it? He had whole villages named for him. That's where the homeless lived.

Sharon   July 7th, 2008 1:39 pm ET

I wish we could have the l990's under Clinton administration again. Gas was cheap, life was better for most Americans. Well we could have had it with alot of wise decisions and Hillary Clinton instead we have to choose between – inexperience arrogant Obama or Republican McCain. Yuck!!!!!!!!!!!!!!!!!!!!!!!!

Anti-Hatemonger   July 7th, 2008 1:39 pm ET

I just read this in another ticker comment section:

"The New Age Klan July 7th, 2008 10:25 am ET

Minorities’ and women should never hold a position of authority over a white man, these are not just my beliefs but the principles this nation was founded on. This is the way God intended it to be, that is why this is in the fix that it is now in.

McCain is the only candidate that can begin to restore order to this great nation of ours."

And you wonder what kind of people are backing McBush. Scary that this crizap still persists. If I were undecided before, I've been pointed in the right direction by this quack above. I'll give the new guy a chance. Sometimes the best leadership comes from those with the least experience. After the last 8 years of bush debacle, I'm willing to put ANYONE in office that is enthusiastic enough to get something done.

Mike, Syracuse, NY   July 7th, 2008 1:38 pm ET

Even a freshman in college taking economics 101 will tell you that you don't raise taxes in a recession. Mccain may have said he knows nothing about the economy, but Obama's policies show he is the one who is ignorant about how the economy works.

David Goldman   July 7th, 2008 1:37 pm ET

LETS SEE NOW, THE POLICIES THAT DESTROYED

OUR ECONOMY WERE SUPPORTED BY MCBUSH

AND THE WAR IS GOOD FOR 100 YEARS, AT A

A $ BILLION A DAY. HE WILL BALANCE THE BUDGET

BY CANCELING ALL SOCIAL SECURITY CHECKS, MEDICARE

AND EATING FOR ALL AMERICANS. GREAT JOB MCSLEAZO.

M.S. Indiana   July 7th, 2008 1:37 pm ET

Marie in California, i am sorry to break this to you, but McCain have said he don't even care about the deficit, as long as he can a warmonger and maybe even start a few new ones. He don't stand for smaller government, he wanna make it a little bigger then it already is…

And i think Obama wanna spend money in USA and on us, instead of bombing Iraq and then rebuilding it.. Like fair health care for every one, better education, so we can compete in the new world. Better life for the veterans or future soldiers…

So if McCain is really against waisting money, why do he wanna stay in Iraq ?? because keeping the Arabic countries unstable works better for his ego, then a stable world would do.. else we have no one to do the blaming game on, other then ourself…

Greg Pottstown, Pa.   July 7th, 2008 1:37 pm ET

Jessica,

right on. loved what you said about Iraq war and oil prices,LMAO. neither candidate will change the face of this country. the house and senate could but won't ( to scared to stick their head out). It is down to us if we don't come together as a country and start working together we are doomed. everyone needs to try driving less, carpooling to work for example.

eric   July 7th, 2008 1:36 pm ET

It's beyond me how anyone could think McCain could actually balance the budget and do anything positive for the economy. He's following the same exact playbook Bush did and every Republican has since Reagan! How many times must we see tickle-down economics fail before you people will finally see how stupid it is? Meanwhile, Obama's policies mirror Pres. Clinton's in the 90's, and yet people like Jessica and Marie keep thinking McCain will turn the economy around and not Obama. Truly sad. McCain backers are the only kool-aid drinkers I see on this site.

MO   July 7th, 2008 1:35 pm ET

Yeah let's see how many Republicans come out for the GOP convention maybe 10,000 if he has a good day LOL!!! Obama will fill the Mile High Stadium plus I guarantee you the whole parking lots will be full trying to listen and the parking lots could probably hold another 5,000 to 10,000 so I think there will be more like 80,000 to 85,000 people trying to listen to Obama's speech!!! Um yeah McCain cannot come even remotely close to those numbers when he speaks. Maybe he will only speak to himself and realize he has 0% chance of winning and will drop out and give the Whitehouse to Obama!!!

Also with the economy the way it is such as gas prices, job loses and George W. Bushs approval rating currently sitting around 30 to 28% approval rating gives the GOP almost an impossible task to win this election. It will be so nice once the War has ended, the economy gets back to normal, gas prices drop back to $1.50 a gallon and the Democrats take over and clean up George W. Bush's awful mess!!!

captain   July 7th, 2008 1:35 pm ET

Four more years! Four more years!…

James in NYC   July 7th, 2008 1:34 pm ET

The 'R' in republican stands for Rich!
I laugh at all of those who say that Obama will doom the USA. How is the USA faring right now?
Obama did not sink the United States to where it is today. I attribute this situation to eight years of ignorance by the poor and eight years of opportunity taking by the monetarily wealthy.
To vote for another four years of McCain/Bush is continued ignorance. I will vote for the democrats again like I did four years ago when it wasn't even close.
To all those who voted for Bush's second term: fool me once shame on me, fool me twice I must be a McCain/Bush supporter!

James   July 7th, 2008 1:33 pm ET

Since McCain has gone from maverick to Republican frankenstein (Rove advisors plus Giuliani advisors plus….) I'd say this is terrible news. If he'd stop taking on the advisors of people he;s beaten, he might make a stronger case that he has a plan… hopefully one that makes sense for the lower 99% of the country.

Dr.Mimi De La Cruz   July 7th, 2008 1:33 pm ET

ALL MCBUSH CARES ABOUT IS THE WAR, SAME AS BUSH.

OH, AND GETTING ELECTED, HE WILL TELL YOU ANYTHING

TODAY & IF YOU WANT, CHANGE IT TOMORROW, OR THIS

AFTERNOON IF YOU SO PLEASE. AT THE END OF HIS FIRST

TERM, IF HE HAD ONE, THE GAS PRICES $10. A GALLON.

demwit   July 7th, 2008 1:33 pm ET

I don't think we can believe all this "Doom and Gloom" about the economy.

The Democrats SWORE in 2006 that THEY had a plan to Reenergize this Country, to make it an Economic juggernaut and to freeze or even lower gas prices. I'm sure the Democrats wouldn't have LIED to us, so the economy must really be booming!

David in Dallas   July 7th, 2008 1:32 pm ET

Yeah I am worried. I am extremely worried that Bush and the Democrats have gotten us in a jam.

I see the only way out is to elect a man of experience and know how to retrieve us from this mess. And that man is John McCain

1) Bush and the Democrats? The Democrats tried repeatedly to get the budget balanced, mainly by trying to draw down the Iraq War, the biggest governmental expenditure we've got. Republicans have consistently blocked these efforts.

2) John McCain wants to continue or exacerbate the policies that have created the current situation: lower taxes, more war, and bigger deficits. Nixxing earmarks is a red herring: it wouldn't pay for the war anyway, and trying to nix all earmarks would only alienate Congress and result in a lame duck president.

Brandon Hillary Democrat for Mc Cain-Pa   July 7th, 2008 1:32 pm ET

Mc Cain yes please select substance over hype I agree.

The only difference with 1992 and 1980 was that we didnt have a liberal no-experience candidate running. What resume does he present to repair the economy What accomplishments does he have in this area.

Just Hot Air…. I pray people will see through this bs.

katiec   July 7th, 2008 1:31 pm ET

Economics similar. Give me a break. Our country has never been
in the condition it is in today. The last eight years have almost
detroyed our country.
A friend said, our enemies will win by destroying us financially.
Well, they are on their way with the largest deficit ever, an
unjustified war bleeding our economy etc.
And CNN, you need to get back to a news media we can trust.
Thousands upon thousands are upset and tired of your favoring
the right, just like above article, touting McCain.
We want and expect unbiased, fair reporting from you and we are
not getting it. You also have resorted to distorting, exaggerating
and sensationalizing instead of being fair and factual.

gluv   July 7th, 2008 1:30 pm ET

also, the ecomony was actually in an uprise when bill clinton was in office…not to say he's the sole reason (actually it was due to a republican congress), but this isn't something due to decades, but basically issues sparking from the last decade riding over to now and from the incompetency with the war in iraq which affected funding from the domestic side of the fence…..

Franky   July 7th, 2008 1:30 pm ET

"What about the Democrat controlled Congress? Where have they been? We all know that the Congress technically has more power than the President. Why haven't they done something? I mean, two years ago, gas prices were what, a little over $2. Where have they been all this time?"

You know, pretty good point BUT let's just say my best buddies(Reps) in the whole wide world are one fo the finest spectators I have ever seen in my adult life. Plus, I'm only 22 so who knows, maybe it'll be the Dems next time, LOL!!! To tell you the truth, I'm not blaming Congress, let's just say they're having a "hangover" after all this time……plus, is my boy who basically got me not questioning Congress. I mean, the Dems are cool but they gotta show off those muscles baby!!! Let the Reps knows who's also tough as well………

john williams san diego, ca.   July 7th, 2008 1:30 pm ET

the obama dali has the problem solved—raise taxes and work at home, but whatever you don't do is drill for oil on our lands and offshore . That is not the way to punish opec.

CITIZENS FOR AMERICA FIRST   July 7th, 2008 1:29 pm ET

MCSAME WILL TURN THIS RECESSION INTO

THE A DEEP DEPRESSION. IN MCSAME'S OWN WORDS

HE DOESN'T KNOW MUCH ABOUT THE ECONOMY.

BUT HE KNOWS HOW TO BOMB, BOMB, BOMB,

Junglista   July 7th, 2008 1:28 pm ET

Since comments for the Mile High Stadium article are closed, I'll put this here:

I live in Portland. I was at the big rally. It was NOT a free concert that Obama showed up at. It was an Obama rally – nobody even knew there would be a concert, until we got there and had been waiting for hours. Only ONE band played, for less than an hour, and nobody was even really paying attention – everyone was sitting around reading, chatting, etc. waiting for Obama to come on.

So give it a rest – if you don't know what you're talking about, shut up.

Dawn   July 7th, 2008 1:27 pm ET

Then you'd think Obama would be much further ahead in the polls. For all the media hype, he's clearly not the people's choice. When will the media learn to stay out of our business?

Philip L Wiggle, CSE CME CPA   July 7th, 2008 1:27 pm ET

McCain has chosen the wrong path yet again. His clain that he is the FREE – TRADE candidate in the face of our pathetic economy will be his kiss of death in November.

What the heck is it with these Republicans that cutting taxes for the top 1% of the voters and out-spending every Democratic Congress in the past 50 years, that the GOP does not understand?

Farrell, Houston, Tx   July 7th, 2008 1:26 pm ET

Voting McCain with expections of fixing the economic problems, which he admits he knows nothing about, can prove to be very dangerous. Economic advisors can be good or bad and McCain would need to know and understand economics to make the right judgements. That's also is a problem, his judgement and temperment is not good. On McCain's latest anger outburst is proof enough that he needs some type of anger management.

Chris from NY   July 7th, 2008 1:26 pm ET

WHAT WORRIES ME IS NOT SO MUCH ABOUT THE ECONOMIC HARDSHIP WE ARE CURRENTLY EXPERIENCING BUT THE ONE THE MEDIA HAS BEEN PUSHING AT THE FORE FRONT AS THE ONE WHO HAVE A SOLUTION TO THE PROBLEM:MCCAIN. I HAVE NEVER WITNESSED SUCH A DISTORTION OF SOME ONE'S WORDS LIKE THE MEDIA HAS ABOUT OBAMA'S.

Obama has been consistent on the issue of Iraq and death penalty. He has been consistent on the issue of abortion and the economic plan on how to help us come out from this economic mess. He is a christian who is not ashamed to talk about it. Yes, he had a heated primary with Hillary where most of the specifics were missed and both had similar take on almost all the issues. But for the media to try and tanish this man's image for a reason I can't seem to understand is beyond me.

There is no investigative journalism anymore. All the media does is run with what they perceive to be a story and distort someone's image and standing in the community in the process. Thanks for trying though because it's not going to work this time. You may have succeeded with Al Gore and Kerry but not this time. Many of us are very much aware how you work. It's not going to pan out this time.

Vig   July 7th, 2008 1:24 pm ET

Just imagine if we were hearing the voice of Hillary Clinton instead of Barrack Obama as the authority. Why is it that 220 years later, women have been excluded from the spotlight, have been excluded from the Oval Office as leading this country? Why because men control the media, men control the power structures, men can't handle a woman leader in this country. Obama has not earned nor he is qualified to be running for President. He's a wishy-washy wannabe. Put Hillary Clinton on the November ballot as a write-in and take back her hijacked nomination.

EDW   July 7th, 2008 1:22 pm ET

Off topic:
I find it very sad to hear people say they have a problem with Obama because he is smart, well spoken and appears arrogant. Isn't arrogant in itself for someone to believe they can run our great nation? Look were it got our nation by having an idiot in office for eight years. Think about it…

Matt.G   July 7th, 2008 1:21 pm ET

McSame doesnt know anything on the economy. McSame is another Bob Dole of 1996. Yes change we all can beleive in!!

Obama 08′

David KY   July 7th, 2008 1:21 pm ET

Amen Jessica!!!!

Obama Supporter from FL   July 7th, 2008 1:20 pm ET

Hey Independent Voter –

1) Did you think it was Hitler-esque when JFK gave speeches in stadiums? For example, the one he gave in Rice Stadium in Houston about the US going to the moon? Perhaps you could explain to all of us how JFK and Obama giving a speech in a stadium has anything to do with Hitler.

2) Obviously you haven't been following this race closely enough, or you would know that Obama refused to pay "street money" in the primaries. Hillary Clinton actually did pay "street money," but Obama said that he didn't feel it was ethical and his campaign wouldn't do it.

S. Boatman Warrensburg Mo.   July 7th, 2008 1:19 pm ET

Mccain Is Lousy When It Comes To The Economy! That Combined With His Poor Judgement On Everything Else Will Surly Cost Him The Election!

DM, Arlington TX for Barack Obama 08   July 7th, 2008 1:19 pm ET

So, how will John McCain plan to stay in IRAQ while the IRAQ president wants the US forces out.. Oh my! after 4,000 of our troops have die they are showing us the door..

What a slap in the face..

What is the stance now?

Matt.G   July 7th, 2008 1:17 pm ET

The Economy is going right down the tubes. This should be a easy election year for the Dems and Obama. Just like the Dems and Clinton in 1992. Same setting.

Obama 08′

Beth from Virginia   July 7th, 2008 1:15 pm ET

Is it a coincidence that the economy ends up in the crapper after an 8-year stint with a Republican administration. No – wait – with a BUSH administration?

Hillary Backer for McCain   July 7th, 2008 1:15 pm ET

I really hope HRC comes back as McCain's VP choice.
She would make an outstanding conservative christian.

Gary of El Centro, Ca   July 7th, 2008 1:14 pm ET

The Republican Party is "toast" this year, from the top of the ticket right down to the people running for dog catcher. The Republicans have had their run at governing and the country has suffered mightily from their incompetence. With no viable third party out there, the Democrats will now get their turn again. With Obama's high level of intelligence and his ability to inspire…….there is hope for us yet.

COL.{retd]A.M.Khajawall   July 7th, 2008 1:13 pm ET

Dear American Voters, reporters, media. professionals, political parties, and our hon. Presidential Nominees,

Subject: Presidential Temperament

Please talk about and "Compare And Contrast" the " Presidential Temperament" of our Presidential presumptive nominees. I will also request and plead to the nominees themselves [ Hon. Senator McCain and Obama ].
Our nation has been applying this yard and stick tor the appointments and confirmation process of our Supreme Court Justices nominees.
Our Greatgrand Nation Foundations are as under:
Family, friends, fellows, faith, funds, fun, with fairness & freedom And without fear, favor, and failure.
It will be disgrace and shameful if the nominees and media will not look into this critical and crucial aspect under current challenging times and circumstances within our country and all around the Globe.

America wake up and the discuss the " Presidential Temperament" of our presumptive presidential nominee's [ Hon. Senator McCain and Obama].

Yours sincerely,
COL. A.M.Khajawall [Ret].
Disabled American Veteran
Forensic psychiatrist, Las Vegas, Nevada

PS: Economic challenges and Presidential Temperament two key worries for me.

tigerakabj   July 7th, 2008 1:13 pm ET

Well, don't tell McCain this. After all he said and I quote, "I don't know as much abou the economy as I should."

I can't wait until Barack tears him apart in those debates.

BrendaF, Mesquite, TX   July 7th, 2008 1:11 pm ET

The question Americans should be asking themselves is why the economy finds itself in such bad shape after a Bush presidency? Why must we constantly have to clean up after this family?

STILL VOTING FOR HILARY!   July 7th, 2008 1:11 pm ET

WHERE HAVE ALL THE EXPERTS BEEN THE PAST YEAR? ORDINARY PEOPLE WHO GO TO THE GROCERY STORES ETC COULD HAVE TOLD YOU, WE ARE IN A RECESSION. I CANT BELEIVE THEY PAY PEOPLE (ROCKET SCIENTISTS) TO TELL US WHAT COMMON SENSE DOES… GET A CLUE WASHINGTON!

Johnny Mac is bad cheese gone worse   July 7th, 2008 1:10 pm ET

Yep, here's Johnny come lately NOW saying we need to get the government's fiscal house in order. So what has all that "experience" taught him about the economy? Nuttin'. And that goes for IRAQ as well when you consider all the "experience" in total in the Bush administration.

Ken Austin, TX   July 7th, 2008 1:10 pm ET

Well if this isn't a recession, then I don't want to see one.

Roger Troutman   July 7th, 2008 1:09 pm ET

Ha!

All W has to do is unscrew the economy in five months-

Good luck with that, GOP

Trey J.   July 7th, 2008 1:08 pm ET

Just another reason why McCain can't win!
Most of the country is hurting and high gas prices make for a change in government. Sorry McCain but you can't fool us into thinking it's gonna all be ok if we just keep the faith.

ANGIE   July 7th, 2008 1:08 pm ET

i think we have to worry about the fact john mccain has admitted not knowing much about the economy not to mention his trip to canada and columbia and mexico take a look at john mccains economic plan on politico i dont know folks sounds bushy too me!!!!

Lynn   July 7th, 2008 1:07 pm ET

I remember the Clinton years as great years for my family and friends. If people would had open their eyes and ears instead of drinking the koolaid we could have had Hillary. I think we could have had those years again. What was wrong with those years – gas $1.49 gallon,when he left office – most American families was in great financial shape. Why would you pick someone with little experience to run this country is beyond me. God help us all.

Chris, Middletown, CT   July 7th, 2008 1:07 pm ET

As a Republican (who is supporting Obama) – the reason I want him in there is because we need to heal not only the US…but also the world….to show them that we want to be a participant in the global marketplace…not a country who forces their will on others….we are mettling where we shouldn't be….this needs to stop – unfortunately the Republicans chose McCain….he's not a bad guy….but the wrong tool for the wrong job…

alone in VT   July 7th, 2008 1:06 pm ET

the last recession was last half of 2000, BEFORE bush took office
look it up I DARE you.

Jason   July 7th, 2008 1:05 pm ET

I like the fact the McCain is offering evolving proposals that still stay in line with original stances. Drilling change is a necessary evil and we have to do it. To follow democratic party line of it will be ten years till it comes on line wont reduce price blah blah. Wel don't forget in ten years we will still need oil and if the price is still high isn;t better to put all that money in American oil and not terrorist oil? Domestic or bust we can't continue to bury our heads in the sand take back our energy. Oh and the other argumnt it will ruin our coast, tourism, and oil spills is silly. You cant see the rigs they propose from shore so it won't affect tourism and it is more dangerous importing on large tankers than drilling ourselves. Ask any country far greener than us who ALL drill off their shores.

Phil in KC   July 7th, 2008 1:05 pm ET

I am a Democrat, but if I could offer a word of warning to my party, it would be this. Don't count your chickens before they're hatched. A lot can happen between now and November 4. But I would play it for all it's worth in the meantime.

Bob Indianapolis, IN   July 7th, 2008 1:04 pm ET

Anytime a Bush is in power, bad things happen economically. Let's not forget when Poppy was St. Ron's veep, he managed to bail out Neil for a billion bucks in bad loans at the Silverado Savings and Loan. After being sued for millions, Neil finally settled for a fine of $24,000. Poppy was up to his ears in Iran/Contra and thanks to another crooked AG, Ed Meese giving Ollie Norh 72 hours to shred as much as he could, Poppy skated. Now thanks to complicit mainsream media, his kid, the War Criminal gets to serve out his term. The war was an excuse to complete the looting of the U.S. Treasury that began with the S&L bailout in the 80s. Congrats, America! Your short attention span has lead to the bankrupting of our nation…

Pam   July 7th, 2008 1:04 pm ET

NOBAMA NO WAY

Ellie in Aurora, CO   July 7th, 2008 1:02 pm ET

John "I need to be educated on the economy" McCain's worst nightmare. He's wrong on taxes, wrong on jobs, wrong on Iraq (where we spend 10 billion a month), wrong on healthcare. He stands back and let's people like Phil Gramm, one of the author's of the Exxon and mortgage disasters, answer questions about the economy. What a horrifying thought to have McCain as president! We desparately need Obama!

The Surly Scholar   July 7th, 2008 1:01 pm ET

Trickle down theory is a republican myth propagated by deluded (and already-wealthy) Reaganites ever since the 80s. It didn't work then. It doesn't work now.

And the fundamental lie about government spending is that spending is fundamentally bad and the government should spend as little as possible. However, the economic rule is that government expenditure increases private investment, which generally leads to higher GDP and overall higher prosperity.

Unfortunately, as this current administration has so handily proven, government expenditure needs to be prudently appropriated in order to do any good. Obviously, it has not, especially when coupled with ill-conceived tax cuts for the wealthiest 1% of Americans along with excessive military spending. And apparently, McCain would just love to have us keep doing that. Brilliant.

AnotherGasTaxGimmick   July 7th, 2008 1:01 pm ET

McCain is getting desperate.Grandpa, sit down & shut up we all know that you support the Bush tax-cuts which have not benefited anyone in the last 8 years.Your tax plan only benefits the rich(Cindy McCain).This is just a bunch of hog-wash you bumbling fool like the gas tax holiday & your supposed upcoming jobs proposal.Another farce, action speaks louder than words Caney-Cane, Nafta(which you support) is the reason for job loss.Fool me once shame on you.Fool me twice shame on me.

Michelle   July 7th, 2008 1:00 pm ET

Obama will raise taxes and Congress will continue to
waste.

Might as well flush your money down the toilet–Obama will fix nothing and you will be paying more for it!

McCain is right.

And how will Obama fill a 75,000 seat stadium? He won't.
Instead, there will be another event going on (like a rock concert) and Obama will show up.

The Oregon Obama event was a farce–the audience was there for a rock concert.

Franky   July 7th, 2008 12:59 pm ET

"It's the economy, stupid — again."

LOL!!!! Yeah, stupid! LOL!!!

You know what guys? Who knows, maybe it could be better in the next upcoming months…..that's a big maybe though, LOL!!!

KansasDog   July 7th, 2008 12:59 pm ET

So who was running Congress when the economy went south? Demoncrats! America is running low on brains.

susie   July 7th, 2008 12:57 pm ET

Obama needs to debate McCain, liked he promise, so the public can find out how much the candidates know about issues.

NotFallingInLine.org   July 7th, 2008 12:57 pm ET

If you're looking for the Bill Clinton of the 2008 presidential race, Barack Obama is no Bill Clinton.

Joe Regis   July 7th, 2008 12:56 pm ET

The economic mismanagement is something we have not seen in nearly 10 years.

In any event, the Bush Repubs and Mcain are going down in a hand backet this year. The American people will make history and vote to change the way Washington has been running thing over the last 8 years.

The dismal economy, the war, lost of jobs and houses are the legacy of the current republican administration.

The democrats will fix the economy the country.

Obama 08 & 12.

BV   July 7th, 2008 12:56 pm ET

What do you mean when you say three quarters of all Americans think…?
No one asked me…
No one asked my husband….
No one asked my two sisters…
What do you mean?

Sweetie   July 7th, 2008 12:56 pm ET

The reason that the Republican Party isn't being blamed for the bad economy is because it was once the

Left Wing Democrats TOOK OVER CONGRESS that our economy started to tank

And their do nothing; get nothing done approach has us in the mess we are in now!

McCain 08

Keeping It Simple Stupid   July 7th, 2008 12:56 pm ET

What leadership role has John McCain had regarding economic policy since he joined the Senate?

What decisions has he made … what direction has he moved things?

Elaine Guerra   July 7th, 2008 12:55 pm ET

The first paragraph has the definition of a recession.

See ya,
Daniel

Forest Gump   July 7th, 2008 12:55 pm ET

I'm not a smart man! But I know when we are in a recession thing. You don’t need to be to smart to know that! Gas is high, Food high, Everything high, and people starving, people have no place to live, things like that is not good! What next? I’m Forest Gump and that is all I can say about that!

Dave   July 7th, 2008 12:55 pm ET

"It's the economy, stupid."
When will journalists stop using this cliché? It's getting overused.

Peter   July 7th, 2008 12:55 pm ET

Guess the Bushes do a good job of sending this country down the tubes.

McCain has said he does not understand economics and, given that he wants to continue W's disastrous tax cuts, he has clearly proven it.

Why would you vote for a guy who does not seem to understand the problems this country is having? A guy who has spent the last several months doing whatever he can to appease Rush, Sean Hannity, and the rest of the right-wing elitists who think they can continue to rape this country for their benefit.

Voter   July 7th, 2008 12:55 pm ET

Greenspan gave you the housing crisis by casting about for something to replace the money Americans were pouring into tech stocks. That blew up in everyone's face. Greenspan looked the other way rather than regulate lenders in order to encourage every American, qualified or not, to get a mortgage.

That wasn't too bright. But Greenspan's out of harm's way now – close to billionaire status. Only Americans were losers here.

And Obama is playing a financial shell game covered by his outlandish sums of money available to pitch it successfully to naive Americans. Sooner or later, we have to pay for some of this.

I see us in Iraq for 3 to 4 more years, Obama explaining off and on that he's "listening to the troops on the ground." Where have we heard that before? He's already said this last week!!!

Obama is a lightweight – a product of advertising and "community organizing. No self respecting funder, including the federal government, has been willing to fund community organizing for years.

Beware. Ask questions. Get out your calculators before you vote.

Alex M   July 7th, 2008 12:54 pm ET

Hey maybe people will finally realize that it's smart to always keep a democrat in office…

David KY   July 7th, 2008 12:54 pm ET

Let's compare today to 1992. So many similarities. Really? 911 had not happened. No Iraq or Afganistan. Gas was not 4.00/gallon. No mortgage crisis. And, in my opinion, both candidates have been in a position to make a difference, both U.S. Senators. If things are so bad, then let's point the fingers in the right direction. Where have they been all of this time?

Henry Miller, Cary, NC   July 7th, 2008 12:54 pm ET

Let's see… on the one hand, we have a tax-and-spend socialist, Obama, who won't hesitate a millisecond to steal more of our paychecks to make the Nanny State government even bigger and more intrusive. On the other hand we have a tax-and-spend authoritarian warmonger, McCain, who won't hesitate a millisecond to steal more of our paychecks to wage pointless wars and establish an American police state.

Economically speaking, there's not a dime's worth difference between Obama and McCain–both are determined to raid our wallets to pursue economically disastrous agendas.

Mary wa   July 7th, 2008 12:53 pm ET

And McMillionaire, with his 7 homes, tax breaks for the wealthy, Cafta, hugh lobbyist ties and Keating 5 friends, IS NOT the answwere!

jason, texas   July 7th, 2008 12:52 pm ET

well, i've had more than two quarters of negative economic growth in my house due to all this stuff. For me, this is a recession. Forget what the mighty mega-global, colonialist economists say.

Dave, Illinois   July 7th, 2008 12:51 pm ET

If the Dems held the Whitehouse and the Reps held Congress, then this story would state that whoever held Congress would be in trouble.

The simple fact is that McCain is actually laying out ideas to fix the economy, decrease our reliance on foreign energy, WIN Iraq and Afganistan, and try to cut back the partisan rancor in Washington. Obama continues to ridicule and make pretty speaches full of generalities. I know who Im voting for.

Let the Obamite rancor begin 5, 4, 3, 2, 1…..

Jessica   July 7th, 2008 12:51 pm ET

It's funny that people are pointing to Bush for ruining the economy. I mean, these are the same people that say we went to war in Iraq for oil and then turn around and blame him for the sky rocketing oil prices.

What about the Democrat controlled Congress? Where have they been? We all know that the Congress technically has more power than the President. Why haven't they done something? I mean, two years ago, gas prices were what, a little over $2. Where have they been all this time?

Barack Obama is not going to help our country. Neither is John McCain. The economic problems we are facing are the result of DECADES of poor spending and consumers buying on credit. We all need to tighten our belts and once we do, the economy will bounce back.

New Yorker   July 7th, 2008 12:50 pm ET

McCain has an economic plan. Obama's only plan is for his rock concert.

McCain 08
Substance over Hype

Susan   July 7th, 2008 12:50 pm ET

Whatever McBush does, it will only make the economy worse than what the Republicans have already made from it. He will continue on spending on wars, and our great grandchldren will be paying the defecit. Play now, pay later is the Republican Motto.

Xavier, Saint Louis, MO   July 7th, 2008 12:50 pm ET

This shouldn't be a surprise to anyone, especially with gas at $4.00 a gallon, high unemployment, foreclosures at historic highs and our US dollar worth less than the Euro. Not to mention all the money that is spent on Iraq which is badly hurting our economy. This is a no brainier. Time for change we can believe in!

Obamanation '08

YES WE CAN!

K in CT   July 7th, 2008 12:48 pm ET

IF Senator John McCain CAN balance the Budget he is the MAN we should elect. However, what are his plans to balance the budget? CAN WE BELIEVE HIM? It will be interesting to hear his and the Democrate plan. Which one can we believe. Who is the bigger talker? Who has the most experience and who will take the advice of better advisors? WHO WHO WHO WHO?

Tom Bruce   July 7th, 2008 12:47 pm ET

The poor state of the economy is why I believe it is imperative that John McCain select Michael Bloomberg as his running mate. McCain has admitted that the economy is his weak suit. With Bloomberg on his team, that weakness is eradicated. America needs a successful businessman on the ticket — and that is Bloomberg.

Independent Voter   July 7th, 2008 12:47 pm ET

If only Obama were not such phony. He will say anything, do anything to get elected. His new Hitler-esque convention is just one example.

Now he's backing down on his Iraq claims – the rush to the middle now that he's sucked in the entire DNC. He will be presenting the Clinton policies of the 1990s as a solution. How original! What a guy!

The problem is you can't really be all things to all men – and I do mean men!

Iraq is being funded entirely by borrowed money. Even if this used car salesman actually leaves in 16 months, he will have to continue to borrow money to do anything he says. The only viable solution here is to STOP SPENDING MONEY. START PAYING BACK MONEY.

So he can drive us even deeper in debt by staying Iraq while spending money on domestic programs, or he can fail to make good on all his empty promises.

I'm looking forward to the senate races, since I wouldn't vote for this phony product of the DNC if you paid me! And Barack has more money than he knows what to do with, so he can pay.

Ask the DNC about "street money." Go ahead, ask.

Marie in California   July 7th, 2008 12:45 pm ET

I like McCain's idea. As with individuals, our country has to live within its means, which means cutting government expenditures, cutting taxes so people have more money to spend, and eliminating deficit spending. Ultimate goal: balanced budget…and kept that way.

Obama just wants to increase numerous taxes and spend even more. As a primary example, there is the Global Poverty Act that Obama co-sponsored, to the tune of about $845 billion dollars. That;s money we really don't have to give away. We can't even take care of our own people right now, so why should we be sending all that money elsewhere in the world?

If you think we have a recession now, just wait and see what you're stuck with if Obama ends up at the helm.

Kevin   July 7th, 2008 12:45 pm ET

Hope Obama wins.. We can really use the increase in taxes to help the economy ! !

A nightingale Sings in Berkley Square   July 7th, 2008 12:44 pm ET

Yeah I am worried. I am extremely worried that Bush and the Democrats have gotten us in a jam.

I see the only way out is to elect a man of experience and know how to retrieve us from this mess. And that man is John McCain

He is a warrior and I trust him to protect my values. It seems that the only values that obama has is who he wants to impress that day.

He is the candidate of change. He changes his positions as the wind blows. How can anyone trust him?

For Real?   July 7th, 2008 12:42 pm ET

McCain could care less about the economy or americans struggling. He's a republican. Besides, out of his own mouth he stated "I have to admit I know very little about economic matters, the economy is not my strong suit."

Craig Hastings, MN   July 7th, 2008 12:42 pm ET

Yep. More tax cuts for the wealthy. More cost shifts to everyone else. Not that Obamarama is going to anything to help either. I grow very weary about all these so called experts whose ideas don't amount to a beer-fart in a Texas tornado. Just look at the great job they've done so far.

insanity   July 7th, 2008 12:42 pm ET

well.. bad news for McSame.
Somebody needs to give McSame and his campaign a dictionary. They seem to think refinement is a synonym to change in the context of policies.

They're not only clueless on the economy, but also needs to learn English.

Chipster   July 7th, 2008 12:41 pm ET

McCain thinks we should get our fiscal house in order? That's amazing from someone who has supported the reckless borrow, borrow, borrow and spend, spend, spend policies of the Current Occupant.

Republicans talk about fiscal responsibility but it was President Clinton who reduced the size of government, balanced the budget, and reduced the deficit. The only thing Republicans seem to do very well – far too well – is marketing. They've been able to convince a "sound bite" public that they're the Party of security and economic stability when it's obvious to anyone who looks beyond the sound bites that they aren't. They aren't exactly the "moral majority" either!

Candy West Virginia   July 7th, 2008 12:41 pm ET

Will somebody please tell McCain that. All he seems to care about is the war (keeping us there), Attacking Obama and managing his bumbled campaign. But i guess it is hard for someone like him to really care about what ordinary americans are going through. He never did the whole time he was a senator, why should he start now?

LIZ   July 7th, 2008 12:41 pm ET

I like McCain's words in the second to last paragraph….
Words like that are very convincing!!
i dont know who to vote for!!

Billy J in the Heart of Texas   July 7th, 2008 12:41 pm ET

Hillary would have made more sense for what we are inheriting. I will be voting for Barack with my fingers crossed.

David, Silver Spring, MD   July 7th, 2008 12:40 pm ET

There you have it. The "trickle down" economic theory doesn't work. Can we finally put an end to the nonsense that says that if you cut taxes for businesses and wealthy people, it will spur economic activity and "trickle down" to regular folks?

It's been proven wrong, but you won't hear John McCain say that. He's all for continuing the tax policies of GW Bush and the "trickle down" scam artists.

Harry   July 7th, 2008 12:39 pm ET

Economic worries should dominate the campaign because we are sending billions and billions of dollars to Iraq.

Let's straighten our spines and say no more dependancy on oil.

Pamela   July 7th, 2008 12:37 pm ET

McCain still doesn't seem to understand that the largest 'excessive spending' issue right now is the war in Iraq!

Judgement over Experience   July 7th, 2008 12:36 pm ET

Yeah, see while McCain is relentlessly attacking Obama and traveling all over the world campaigning and flip flopping and mismanaging his campaign staff he is blissfully unaware that america is in trouble big time. Sorry John, but you can't even manage your campaign, there is no way I want you managing my country.

not important   July 7th, 2008 12:35 pm ET

People should be worried about McCains economic advisor Phil Gramm.

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