July 28th, 2008
10:45 AM ET
10 years ago

Obama, McCain talk economy

Obama and McCain are talking the economy.

Obama and McCain are talking the economy.

The nation's economic woes take center stage this week on the campaign trail.

Barack Obama plans a round-table discussion with his top economic advisor later Monday in Washington. According to the campaign, Warren Buffett, former Fed Chairman Paul Volcker, former Treasury Secretary Robert Rubin, AFL-CIO President John Sweeney, SEIU Secretary-Treasurer Anna Burger, and Google Chairman and CEO Eric Schmidt will participate in the event.

Ahead of that meeting, some of John McCain's top economic advisors held a conference call with reporters to tout the Arizona senator's "Job's for America" plan. That call included Harvard Professor Martin Feldstein, Stanford Professor John Taylor, Ebay CEO Meg Whitman and former Hewlett Packard CEO Carly Fiorina.

Listen: Obama advisors discuss McCain's job plans

Related from CNNMoney.com: Record 2008 deficit – Bush official

Filed under: Candidate Barack Obama • Economy • John McCain
soundoff (245 Responses)
  1. Obama 08

    AMERICA...do we want to entrust our economic future to a man (John McCain) whom 'DIVORCED HIS WIFE' (Carol McCain, handicap from a car accident) when he returned from Vietnam, to marry Cindy McCain. IF HE WOULD DO THAT TO HIS WIFE, JUST WHAT WILL HE DO TO YOU? Complete details online!

    July 28, 2008 02:38 pm at 2:38 pm |
  2. not important

    So McCain thinks that americans are a nation of whiners? Is Phil Gramm still McCains economic adviser?

    July 28, 2008 02:39 pm at 2:39 pm |
  3. Annoy the Media, say NO to Obama

    Obama's economic team = 50% college professors, 50% politicians

    McCains team = 50% business owners or ceo's, 50% politicians

    Which team can create more jobs.

    Go McCain 08

    July 28, 2008 02:41 pm at 2:41 pm |
  4. Me!

    This goes to show how out of touch McWar is...One of his top advisors is a former CEO of HP...Meanwhile you have Obama meeting with the CEO of Google one of the best search engines around...It is old vs new...dummy terminal vs PC...Mainframe vs Server!

    July 28, 2008 02:43 pm at 2:43 pm |
  5. BWM

    It seems that McSame continues to criticize Obama on Iraq. I get it. That is because he wants a distraction from talking about the economy, so he makes this his number one priority, the war in Iraq. Why can't all the brilliant reporters see this?

    July 28, 2008 02:44 pm at 2:44 pm |
  6. joe

    Mccain admits he knows little on economy, he got an advicer to advice him on the subject and all he wanted to teach him is that americans are whiners...good tactics he is now following Obama on this so he can just pick his points from what Obama says and maybe try to add some salt n pepper...nice tactics...but got ya on this too

    July 28, 2008 02:50 pm at 2:50 pm |
  7. MemeForObama

    Yeah let's hear mccain talk about the economy-ohh i forgot, he doesn't know anything about the economy
    this time around, open your eyes America and vote wisely


    July 28, 2008 02:51 pm at 2:51 pm |
  8. Martin

    Econonomy is number one issue that touch all lives, we need the candidate to focus more on the economy and not so much about who is more experienced. My observation so far is that the generally acclaimed experienced candidate lack originality in proposing solution to the economic hardship; but highly glutonised in flunting how many years he has been in the senate. Please give it up to the young, brainy couple with good judgement ;as we need all the boldness and energy that he to brings to bring the the change that benefits old and young.

    July 28, 2008 02:52 pm at 2:52 pm |
  9. Greg, Brattleboro, VT

    McCain, a hidden Obama's disciple!

    July 28, 2008 02:56 pm at 2:56 pm |
  10. Sherry, Atlanta

    McCain only has one thing in mind, DRILL. Would the OIL SPILL in Louisana be an example???

    July 28, 2008 02:56 pm at 2:56 pm |
  11. Terri in Fl

    I certainly hope the media starts asking McCain the hard hitting questions they've been asking Obama now for a while. McCain isn't going to explain anything on his own, he's only going to whine and complain – it's up to the media to ferret out what this guy really knows and what he doesn't.

    July 28, 2008 02:59 pm at 2:59 pm |
  12. Martin

    Why can't McCain follow his own schedule, he does everything Obama is doing and criticise where he can't ; i guess he is already quietly taking leadership lessons form the young senator.

    July 28, 2008 03:02 pm at 3:02 pm |
  13. Shannon in California

    Hopefully McCain will stop whining about what Obama is doing and stay on message.

    He wasted an entire week when he got off message and focused on what Obama was doing. Perhaps that has contributed to Obama doing so well in the polls now.

    July 28, 2008 03:04 pm at 3:04 pm |
  14. scooter

    SAm Bobama its nice to see you in the states again. as we can tell by most of the posts and the way you talked over seas.your already the President. so who really cares about the Economy anyway. its all about how good you look that in photo opts.

    July 28, 2008 03:08 pm at 3:08 pm |
  15. No Obama in 08

    Nothing is wrong with teh economy. Look around hotels packed, beach resorts packed, airports packed, malls busting at the seams.
    As for jobs leaving the country, well it is real simple workers in foreign countries will provide their services for a significantly lower wage than Americans. That's why you can afford to shop at Walmart.

    July 28, 2008 03:08 pm at 3:08 pm |
  16. Michigan for Obama

    i am getting so sick of the media. The Center for Media and Public Affairs at George Mason University, which has been studying the media 20 years, has now released a study that shows 72% of the opinions expressed on news networks about Obama were negative and 28% positive. For McCain the figures were 57% and 43%. How about you guys start covering obama with more fairness in respect to him, that made me sick looking at that study.

    July 28, 2008 03:22 pm at 3:22 pm |
  17. Ron L

    iI am looking forward to the debates..When they are sitting next to each other and give their viewpoints on the economy. It will be like night and day and McCain WILL lose that argument. Trickle down does not work. The rich have gotten over the last 7 years and the country is in a complete mess!!!

    July 28, 2008 03:41 pm at 3:41 pm |
  18. Bernie Gignac

    This letter is for Sen Obama. I was a Canadian who joined the US army and spent 6 yrs during Vietnam. My point is that since we have a problem with our shortage of enlistments why dont we put our ellegal young men into the army teach them english and if they serve 3yrs with honorable discharge, then they would be given cittizennship. For most of them the pay would be better and also their living conditions ,would be an improvement..

    July 28, 2008 03:42 pm at 3:42 pm |
  19. Sherry, Atlanta

    If McCain truly wanted to curtail the Economy, he would not be accepting Social Security...if he was a true American, and thought about the conditions of our Economy. With Millions at hand, does he really need Social Security. I would think that, with the Elderly Population that we do have, he might give SOME THOUGHT!!!

    July 28, 2008 03:45 pm at 3:45 pm |
  20. TonyinKentucky

    The longer this goes on, the more it becomes crystal clear that John McCain knows very little about anything, surrounds himself with people that are either evil or incompetent, if not both, and McCain has personal holes that indicate he'll never be any more on top of issues than he is now (ie limited intellect, out of date and ineffective policies, and a dangerous demeanor).

    McCain = 2nd term for Herbert Hoover at BEST!

    July 28, 2008 04:23 pm at 4:23 pm |
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