June 10th, 2008
12:00 PM ET
13 years ago

Presidential hopefuls eye the economy

[cnn-photo-caption image= http://i.cdn.turner.com/cnn/2008/images/06/10/art.mccainobama.ap.jpg caption="Obama and McCain are battling over the economy. "](CNN) - The economy is the No. 1 issue on the minds of American voters, and Sens. John McCain and Barack Obama offer vastly different plans to improve it.

Watch: Pros/cons of Obama's new plan

McCain on Tuesday told a group of small business owners that his goal as president will be "to get our economy running at full strength again."

The senator from Arizona is attempting to paint Obama as a typical Democrat who wants to raise taxes and regulate government, charging that Obama would institute the largest tax increase in more than 60 years.

Full story


Filed under: Candidate Barack Obama • John McCain
soundoff (259 Responses)
  1. OBAMA FOR PRESIDENT!

    Hillary Is Not Part Of The Race So Please Stop Injecting Her Name Into Everything!

    June 10, 2008 01:13 pm at 1:13 pm |
  2. Andy

    To the Clinton supporters who post here – get off your high horse. Just because you were 1 in 18 million who voted for Hillary does not mean that she was best and you are all the smart Americans. 18 million voted for Obama too, what makes your 18 mil so special?

    I've been an Obama supporter since I saw him last October. I used to be way against Hillary, but once I took the time to learn something about her and her policies I started liking her a bit more.

    A Hillary supporter voting for McCain sounds like a giant temper-tantrum...either that or you never actually cared about the policies that would lead this country.

    June 10, 2008 01:17 pm at 1:17 pm |
  3. congrats to Congress

    First, the GOP energy bill of drilling for more oil was rejected.

    Second, the democrat energy bill for a 25% tax increase on oil companies and a lawsuit against OPEC was rejected.

    Third, the price of gas soars...

    I have news for democrats... you cannot tax your way out of this mess... taxes will INCREASE the price of fuel... that's how it works.

    Nut jobs like Pelosi need to learn that you cannot complain to OPEC for high prices, yet reject a proposal for drilling in Alaska and in the Gulf for environmental concerns.

    So, for some people in Congress, they want to increase our oil supply by zero and magically lower the price...

    amazing... it's like they are deliberately doing this

    June 10, 2008 01:17 pm at 1:17 pm |
  4. kim portland, oregon

    mccain admits he doesnt know anything about the economy, believe him!

    June 10, 2008 01:17 pm at 1:17 pm |
  5. E. POWELL I MD, E POWELL MD II & ER. POWELL MD

    A round of beer for all them republicans for nominating this mind lasping man. His memory is like his plans.

    June 10, 2008 01:18 pm at 1:18 pm |
  6. Tom C. Illinois

    TO ANDY J, Conservatives just do not get it. They honestly believe that if they give businesses every tax break they can, then businesses will pay decent wages, take care of their employees, etc. WAKE UP!!!! These businesses will drop you like a lead balloon and will pay you as little as possible for as long as they can. Corporate America must show a profit better than the previous year, so they will raise their prices and lay off their employees anyway. How can small businesses like hardware stores, small grocery stores compete with conglomerates like Lowe's, Wal-mart, etc. when the conglomerates get all the tax breaks. Hey, give me 6 years to start a business and not have to pay any taxes and I think I can make it. Unions were our last wall of defense in negotioting a decent wage and starting with Ronald Reagan they are not a pitance of what they used to be.

    June 10, 2008 01:20 pm at 1:20 pm |
  7. AMW

    THERE IS NOT SPECIFIC ARTICLE ON WHICH TO COMMENT REGARDING THE REPUBLICANS IN THE SENATE BLOCKING A BILL TO TAKE WINDFALL PROFITS OF BIG OIL COMPANIES. I SUGGEST IT IS TIME TO REPLACE THE REPUBLICANS IN THE SENATE WITH SENATORS WHO CARE ABOUT THE AMERICAN PEOPLE. SENATORS WHO ARE NOT AFRAID THEY WILL RUFFLE THE FEATHERS OF OIL MEN, NAMELY BUSH AND CHANEY. NO ROOM ANYMORE FOR RUBBER STAMPERS AND KISSER UPPERS IN THE SENATE. VOTE OUT ALL REPUBLICANS ASAP.
    IT THE OIL COMPANIES WOULD SPEND THE MONEY ON ALTERNATIVE ENERGY AND SPREAD THE WEALTH –INSTEAD OF POCKETING IT-THAT MIGHT BE DIFFERENT. I SAY TAX THE WINDFALL PROFITS. LET GET SOME PEOPLE IN THE SENATE AND HOUSE WHO CARE ABOUT ALL AMERICANS.

    June 10, 2008 01:21 pm at 1:21 pm |
  8. JC

    This just in,
    Senate Republicans on Tuesday blocked a Democratic plan to tax the windfall profits of the largest oil companies.
    Isn't McCain a republican? Is this the way he and his fellow republicans will help us americans who are getting taken advantage of at the pump? We need a change, or you can vote for oil companies, it seems the republicans are!

    June 10, 2008 01:21 pm at 1:21 pm |
  9. BUSHED

    Brain Knoxville TN............One of the 18 million betrayed by the Democratic Party's failed leadership.........Obama had 18 million +delagates= VICTORY!!!!!

    June 10, 2008 01:21 pm at 1:21 pm |
  10. Sue

    Obama's plan to increase taxes will also cause prices across the board to rise. It is always the consumer who pays. Why can't the democrats understand this?

    Not only will the consumer be broke, but will be without gas, too.

    June 10, 2008 01:22 pm at 1:22 pm |
  11. Reagan Wins

    McCaine is jealouse that Obama might beat Ronald Reagan's Record.

    Republicans lost that arguement on Fiscal Responsibility after Bush destroied the American Economy balance by Clinton.

    Vetoing everything isn't responsible decision making.

    June 10, 2008 01:23 pm at 1:23 pm |
  12. Greg Pottstown, Pa.

    Andy J, NY June 10th, 2008 11:51 am ET

    Tax tax tax then spend spend spend. Redistribution of wealth.

    Its not rocket science to figure out that if you tax companies more, they are going to respond by raising prices, cutting jobs, and other moves of that sort in order to maintain their profit margin.

    This is America, where all you need is hard work and education in order to be successful. You do not need hard work, education, and the government in order to make your life possible.

    I find it so funny that liberals will say "Keep your laws off my body" when framing the abortion debate, but what i say is "Keep your laws off my body and keep your hands out of my pockets!"

    Exactly !!!!!!!!!!!!!!!!!!!!

    As a small business owner, well part owner ,that is exactly what will happen.

    June 10, 2008 01:24 pm at 1:24 pm |
  13. Linda VA

    Democrats unite and lets kick McCains butt
    That is what it is about at this point.

    June 10, 2008 01:25 pm at 1:25 pm |
  14. Greg Pottstown, Pa.

    OBAMA FOR PRESIDENT! June 10th, 2008 1:13 pm ET

    Hillary Is Not Part Of The Race So Please Stop Injecting Her Name Into Everything!

    Bush is not running so stop injecting his name into everything.

    June 10, 2008 01:25 pm at 1:25 pm |
  15. C Gray

    Calling all present and recently exited Democrats. Lets all wakeup here and see what the message boards here on CNN are doing. They are just keeping to the stories of Obama and Clinton to continually promote the agnst within the party. Don' t fall into the trap. You see they very rarely do any stories about MCCain by himself. Please ask yourselves why that is? Yes he is boring, I agree, but they will get more ratings with the drama that ensues between Hillary and Obama supporters.

    June 10, 2008 01:27 pm at 1:27 pm |
  16. Ellie in Aurora, CO

    Look at all the Republicans posing as Hillary supporters! Don't let them create divisions – we need to unite against 4 more years of war, spending, and conservativism!!!

    June 10, 2008 01:28 pm at 1:28 pm |
  17. leon

    HIllary Suppoters do not believe in Obama as the president to unite our country he will go from the extreme right to the extreme left.

    Obama represents the values of the corrupted school of politics from Chicago. Read the article of Bill Cosby about Obama on Wall Street Journal.

    HIllary supporters stay home, write in Hillary's name on ballot or vote for McCain.

    June 10, 2008 01:30 pm at 1:30 pm |
  18. ANGIE

    the primaries are over hillary lost obama won face it thats it enough now you have to decide who you think the president should be not the nomoniee people WAKE UP LISTEN to both canidates and base your vote on their policys THE PRIMARIES ARE OVER GET OVER IT MOVE ON TO THE GENERAL ELECTION ITS NOT ABOUT HILLARY AND OBAMA ITS ABOUT MCCAIN AND OBAMA ENOUGH ALREADY MOVE ON LET THE PAST GO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    June 10, 2008 01:30 pm at 1:30 pm |
  19. Michele, Oregon

    To Mary and all others who like to say that people are lazy and don't want to work hard. I understand what is behind what you are saying and you have probably worked hard to have what you have.

    But there is a philosophical difference about what we believe that our "community" American means. The Republican model is a system where we live to make money off of each other but one which which leads to self-protectionism so that the "haves" can keep what they have. The Democratic model is more concerned with taking care of the least. It is not all just about having money, but the distribution of it.
    Wouldn't it be wonderful if when we have two coats we would give one away?...if we spend our time and resources in activites which reflect true care for our brothers and sisters? Both parties have a long way to go, but I will be sticking with the Dems this year. They do a better job. Obama to the White House!

    June 10, 2008 01:31 pm at 1:31 pm |
  20. leon

    Obama for president

    You are wrong Hillary is still a big part of this game and we do not believe Obama is the best person to lead our counttry he is too the left and we do not support his policies about the economy or foreign affairs.

    he represent the values of the corrupted school of politics from Chicago

    June 10, 2008 01:31 pm at 1:31 pm |
  21. Julie

    Chris, Middletown, CT June 10th, 2008 11:55 am ET

    As a Republican….McCain is not wrong – the majority of our GDP is spent on entitlements…the war in Iraq is only 1.5% of the GDP
    **********

    Actually Chris, the majority of your tax dollar goes to substaining the military. A very small portion of it goes to entitlements.

    June 10, 2008 01:32 pm at 1:32 pm |
  22. mikky from grand rapids, michigan

    No Obama..NEVER.

    June 10, 2008 01:32 pm at 1:32 pm |
  23. leon

    Obama can repeat again and again the McCain is like Bush but he knows and we know that it is not true. McCain has a real record of his own something Obama does not have Cliton would have been a much better candidate

    June 10, 2008 01:34 pm at 1:34 pm |
  24. Sam Houston, GA

    Geeez – the long-winded typists say absolutely NOTHING !!!!!

    Go Obama 08

    June 10, 2008 01:35 pm at 1:35 pm |
  25. joe in VA

    I've never known of a politician whose words I can trust. So, I cast my vote based on the candidates track record and what they've accomplished. Actions speak louder than words.

    I wish so of the Obamaniacs out there would ask themselves "What has Obama DONE?" If you blindly believe every word uttered by him or any politician for that matter, then you ought to get your local used car salesman to run for office.

    The more I read some of the comments posted here the more I'm conviced that Obama supporters like to be entertained by their candidate. Independent thinking appears to be too much of a challenge. The country would be far better off without lazy voters like that. I haven't decided who I'm voting for yet but unless I see more action and less talk from BHO, I'm not voting for him. I suggest you don't either.

    June 10, 2008 01:35 pm at 1:35 pm |
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