August 13th, 2008
11:50 AM ET
6 years ago

Obama ad: McCain's Iraq policies harm the U.S. economy

New Obama ad says McCain’s Iraq policies contributed to economic woes.
New Obama ad says McCain’s Iraq policies contributed to economic woes.

(CNN) – Barack Obama’s campaign is releasing a new ad pointing to John McCain’s support for the Iraq war as one reason for the faltering state of the U.S. economy.

“Economics … by John McCain,” says the announcer in the 30-second spot. “Support George Bush 95 percent of the time. Keep spending ten billion dollars a month for the war in Iraq while the Iraqis sell oil for record prices - giving Iraq a $79 billion oil surplus, and hurting our economy.

“Barack Obama’s plan: End the war responsibly. Better schools. No more tax breaks for oil companies. Barack Obama … the Middle Class first.”

The campaign said the ad is slated to hit the airwaves Thursday in 16 battleground states, including Alaska, Colorado, Florida, Iowa, Michigan, Missouri, Montana, New Mexico, Nevada, New Hampshire, North Carolina, North Dakota, Ohio, Pennsylvania, Virginia and Wisconsin.

UPDATE:
“In the Senate, Barack Obama has voted in lockstep with President George W. Bush nearly half the time, including the Bush-Cheney Energy bill which gave close to 3 billion dollars in new giveaways to Big Oil – a terrible policy that John McCain opposed," said McCain spokesman Tucker Bounds. "The truth is Barack Obama’s plan is a job killing machine that ignores the struggling economy and raises taxes on family savings, social security and small businesses.”

soundoff (187 Responses)
  1. Greg

    I find it very interesting that a tax and spend liberal like Obama would have a clue when it comes to econonomics. Every idea he has regarding taxes, self sufficiency on energy, his Socialistic views all go directly against sound Economics and against Capitalism. As for me, I can spend my money better than the liberal money exchange ideas of Comrade Obama!!!

    August 13, 2008 02:57 pm at 2:57 pm |
  2. Kim, Charlotte, NC

    “In the Senate, Barack Obama has voted in lockstep with President George W. Bush nearly half the time,

    50% versus 95%. BINGO! You win again McBush!

    LOL

    August 13, 2008 03:00 pm at 3:00 pm |
  3. Filipina

    CNN you have to show the new ad of Obama in "Situation Room" I want to see this ad :-)

    Yes We Can!

    August 13, 2008 03:03 pm at 3:03 pm |
  4. Mike P

    THEN GET OUT!!

    August 13, 2008 03:04 pm at 3:04 pm |
  5. Obama is the dumbest candidate ever

    That's funny, because Obama's policies will cause a depression.

    August 13, 2008 03:04 pm at 3:04 pm |
  6. McCain = War

    McCain is running as a 3rd term Bush-Cheney candidate. With all that we've been through in the past 7-1/2 years, a war that has almost broken our nation, thousands that gave their life in combat, the state of our crititical economic position, volitile gas prices, and healthcare ONLY for the richest of the rich – How could we in good conscience ever settle enough to the level it would take to vote for McCain?

    August 13, 2008 03:07 pm at 3:07 pm |
  7. Debby

    Yeah Obama thats why you agree with some of his policies after visiting there yourself. Please I can't believe people will vote for this empty suit its pathetic.

    August 13, 2008 03:11 pm at 3:11 pm |
  8. Election Watcher

    Gee I guess if Obama says the problem with our economy is the war in Iraq, not the sub-prime meltdown, skyrocketing food & oil prices or a dollar in collapse against other world currencies, it must be true...NOT!!
    Don't listen to this liar for a second!!
    Just say Nobama '08

    August 13, 2008 03:12 pm at 3:12 pm |
  9. FL4Obama

    JP, you appear to have the roles reversed. The trend has been McCain following Obama's lead on many important issues: considering Iraq "horizons," Afghanistan troop levels, mortgage situation, Social Security solvency (aside from McCain's privatization), "change" campaigning, etc.

    Obama is absolutely correct with this ad. He focuses on issues while McCain uses negativity, lies, and distortions. Thank God for factcheck.org

    August 13, 2008 03:13 pm at 3:13 pm |
  10. Tony

    Since when has a REpublican ever put the good of the country before himself?

    This is not news! Same old, same old. YAWN!

    August 13, 2008 03:15 pm at 3:15 pm |
  11. Mikey

    Southern view August 13th, 2008 12:54 pm ET
    How much would oil cost if we lost Iraq? How much would it cost if Iran moved into Iraq? How much would war cost then?
    _______________________________________________
    Dear Paranoid Warmonger: Did it ever occur to you that the actions by North Korea, Iran, and Russia were spurred, in part, because we are overstretched in Iraq and Afghanistan and have lost influence with our traditional allies due to our arrogant, unwise foreign policies these past eight years?

    Here are your questions for you. How much would oil cost if we had never invaded Iraq in the first place? What in the world makes you believe that Iran had any intention of invading Iraq before we messed things up over there? Were the 4,200 American lives, tens (if not hundreds) of thousands Iraqi lives, millions of displace people, hundreds of billions of our tax dollars, loss of respect and moral authority in the world, increase of hatred of America, overstretched military, price paid by our military families, degradation of our ability to recruit for military and national guard, use of torture, suspension of basic legal rights, ............. was all that cost worth it? Would McCain have made the same stupid mistake Bush did? Would Obama have?

    August 13, 2008 03:16 pm at 3:16 pm |
  12. aware

    Clueless is at it again! Grin and pay-back is the name of his game! :(

    August 13, 2008 03:18 pm at 3:18 pm |
  13. Chris

    McCain is such a liar! He keeps repeating that Obama will raise taxes on American families, even suggesting that for people making $42,000. Obama will LOWER taxes for those people! The indepedent Tax Policy Center confirms that 95% of Americans will take home MORE money under Obama!

    McCain knows the truth hurts him with average American citizens, so he lies.

    August 13, 2008 03:20 pm at 3:20 pm |
  14. Mikey

    Greg August 13th, 2008 2:57 pm ET
    I find it very interesting that a tax and spend liberal like Obama would have a clue when it comes to econonomics. Every idea he has regarding taxes, self sufficiency on energy, his Socialistic views all go directly against sound Economics and against Capitalism. As for me, I can spend my money better than the liberal money exchange ideas of Comrade Obama!!!
    __________________________________________________
    History does not bear out your argument. If you look at economic statistics over the past 50 years, you find that the economy has done better with Democrats in the White House than with Republicans. In fact, 4 of the last 5 recessions were during Republican Administrations. The current economic woes follow 7 years of Bush Jr and the last recession followed 10 years of Reagan and Bush Sr.

    Republican Administrations over the past 50 years have run up about 80% of the entire U.S. National Debt. You have replaced the actual historical facts with conservative mythology.

    Oh, and Obama is NOT a socialist. Calling him one 500 times will never make it true. His economic policies are very sound and will produce benefits for American and most of its citizens for decades to come. That is in complete opposition to what we have experiences over the past 8 years, where a very small portion of our population has experienced a windfall while the vast majority of Americans have seen their incomes stagnate.

    Where did you get your advance degree in economics? Fox News? Flush Slimeball?

    August 13, 2008 03:26 pm at 3:26 pm |
  15. rhoward

    Senator Obama needs to stick with the economy and energy independence as the issues to hit the McCain campaign with. I think all of those celebrity ads both sides ran were pretty stupid because if no one has ever heard of you, why would they want to vote for you?

    August 13, 2008 03:27 pm at 3:27 pm |
  16. Puffin

    Our support for Georgia did not come cheap either. Ask McCain. Why do we always have to get into this bloody mess? Time to re-think our foreign policy before it's too late.

    August 13, 2008 03:31 pm at 3:31 pm |
  17. Kevin Leo (Jonesboro, GA)

    The last time that I checked 95% was still more than 50%. McCain is trying to make a big deal out of Barack siding with Bush 50% of the time, while trying to run away from the fact that he has sided with him 95% of the time. Oh, that's right...McCain is not too strong with mathand economics! Just the person that we need to head up our government...NOT!!!

    August 13, 2008 03:33 pm at 3:33 pm |
  18. Greg Pottstown, Pa.

    What do you think the oil companies will do to make up the money Obama will take in taxes? You don't think they will just turn the other cheek, do you? Do you think they will just increase the price of harvesting, refining and delivering? If so you are correct. The Obama plan will Increase the price of oil. BTW, This is the same kind of add that you dems complain about. But it is OK for Obama .

    August 13, 2008 03:35 pm at 3:35 pm |
  19. Jonze

    "Voted in lockstep nearly half the time" What is that supposed to mean?

    So John McCain who has voted 95% with Bush this past year is a Maverick, whereas Barack Obama who voted with Bush "nearly half the time" is to be condemned for the Bush Policies?

    I don't even think he's trying to make sense anymore. His whole campaign is based on lying about what Obama is saying, nothing about what McCain is about.

    Ask Ohioans about McCain and campaign manager Davis' job killing abilities.

    August 13, 2008 03:35 pm at 3:35 pm |
  20. lou

    Hey "former republican white man from california"...you hit the nail right on the head.

    August 13, 2008 03:38 pm at 3:38 pm |
  21. Mary

    John McCain, come on people, he is so out of touch , when speaking
    he repeats the same things over and over again. There is nothing positive and nothing make you feel good about what he saying.

    August 13, 2008 03:39 pm at 3:39 pm |
  22. Willy

    Wasn't Obama's Great Grand father an oilman?

    August 13, 2008 03:40 pm at 3:40 pm |
  23. Barbara - 65 yr old white female in NC

    Our worst president EVER beat McCain in 2000. Ha ha ha ha ha ha ha

    Now McCain thinks he can scare us into voting for him, a demented old fool.

    No Way !!!! No more wars !!!!

    Obama '08

    August 13, 2008 03:50 pm at 3:50 pm |
  24. Salina, Washington, DC

    [b]The so-called Update was given by a spokesman from the McCant camp. [/b] Why does CNN let them tell blatant lies about Obama like this. CNN seems to favor McCain over Obama. When the McCain ad lies about Obama, there's no so-called update to rebut those lies. The difference between Obama ads and McCant ads, is that Obama ad tell the truth, are about substance, while the McCain ads are about lies and garbage. When will the media get back to reporting the facts. CNN is getting to be worse than FOX (Fixed) News.

    Obama '08/'12

    August 13, 2008 03:51 pm at 3:51 pm |
  25. Chicago Red

    Dave, Illinois- Obama is a snake oil salesman**Your Mom is his
    Co worker ......HUH!!!

    August 13, 2008 03:52 pm at 3:52 pm |
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