October 23rd, 2008
03:15 PM ET
14 years ago

Obama says McCain puts Main Street last

[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/POLITICS/10/23/campaign.wrap/art.obama.ap.jpg caption="Sen. Barack Obama is trying to take the lead in Indiana, a traditionally Republican state."]

(CNN) - Sen. Barack Obama on Thursday charged that Sen. John McCain "wants to keep on putting corporations ahead of workers."

"Just yesterday, Sen. McCain strongly defended the Bush policy of lavishing tax cuts on corporations, including those that ship American jobs overseas.

"He made the strange argument that the best way to stop companies from shipping jobs overseas is to give more tax cuts to companies that are shipping jobs overseas," Obama said at a rally in Indianapolis, Indiana.

Obama was referring to comments McCain made Wednesday in an interview with CNN's Wolf Blitzer.

McCain said that big corporations often move work overseas if they can because the tax rate is much lower.

"If they go to Ireland, they're only paying 11 percent. So where are they going to go where they can create wealth and create jobs? It's simple fundamental economics," McCain said as he defended his plan to cut the corporate tax rate from 35 percent to 25 percent.

Obama on Thursday said, "My opponent may call that 'fundamental economics,' but we know that's just another name for the Wall Street first, Main Street last."

Full story


Filed under: Candidate Barack Obama • John McCain
soundoff (153 Responses)
  1. Hemingway Forbes

    I AM CANADIAN = What is Obama talking about? Socialism or Leninism? It is so easy for white, black, brown, any color, to talk about anything being elitists, or ill informed theorists with too much education and too little street smarts. LOOKS AT CANADA The 30 odd years of Socialism has created one of the worlds most taxed people. Yet they love it. Let Government do everything for them, promise them everything and deliver nothing. That went on for decades. HealthCare is NOT the healthcare originally built for the Country. Today it is porkbarrelling, citizens waiting 18 and 24 months for basic procedures, building hospitals with no beds, nor staff to suffice. What are you people thinking about? Obama is perhaps honest in his vision but stupid in his execution. Also the thought of negotiating with Taliban? Oh boy. They love you Democrats. They see you as weak, stuffed Americans who now has a Black President who empowers the downtrodden. Taliban are NOT down trodden. They kill their women, their young girls, their own. Think America. You are headed down a slippery slope that will take Canada with you. So sad.

    October 23, 2008 04:36 pm at 4:36 pm |
  2. Praetorian, Ft. Myers

    A rebellion is at hand.
    It's not violent–but it is volatile.
    It's a rebellion from U.S. policies–that traditionally side on the behalf of organizations-who increase profits at the expense of displace U.S. employees and the addition of Chinese, Mexican, and Indian employees. It's a rebellion towards a government–that monitors wages and defines "bad news" as increases in wages to U.S. workers. It's a rebellion towards a government that rewards elimination of US jobs and minimal US investment–with enormous tax incentives.

    It's a rebellion from the people, through elected officials, to: American business.

    Pay us what we're worth–reduce the highest salaries–before you cut hourly wage jobs look at the ROI of white collar jobs–and if you export or outsource US jobs–you better have substantial documentation to support the move.

    The message is clear John..perhaps you haven't heard.
    Republicans–and anyone in the current Administration–is out of a job.

    Adieu John–we like you, but you will not lead us in this next socio-economic endeavor to beat back Reaganomics–and 20 years of neglect.

    We will now reclaim our own destiny–with a new "socialist" President who only desires to serve the will of the people. What a breath of fresh air!!!

    October 23, 2008 04:37 pm at 4:37 pm |
  3. Ron L

    I'll keep this short and sweet.....
    HE"S RIGHT...Senator McCain believes in trickle down economcs where it BEGINS as a DOWN POUR on Wall Street and ENDS as a TRICKLE on main street.
    What we have been experiencing for the last 8 years!!!
    IT DOES NOT WORK!!!

    October 23, 2008 04:37 pm at 4:37 pm |
  4. Crank

    My all means, voter early and throw your vote away. The campaigne isn't over by a long shot and Obama wants you to vote for him quickly so when the shinola hits the fan, he'll already have your vote.

    Is this not the politics of fear?

    October 23, 2008 04:37 pm at 4:37 pm |
  5. D.

    McCain has done a lot in many years. Obama is promises that we cannot evaluate...

    October 23, 2008 04:38 pm at 4:38 pm |
  6. J J

    HUFFINGTON POST October 23rd, 2008 4:23 pm ET

    "THE REPUBLICAN PARTY IS CURRENTLY EMPLOYING SEVERAL TACTICS TO SUPPRESS DEMOCRATIC VOTERS IN BATTLEGROUND STATES. THE ONLY WAY YOU CAN BE POSITIVE THAT YOUR VOTE WILL NOT BE SUPPRESSED IS BY VOTING EARLY & IN PERSON AT THE POLLING STATIONS"

    You think the democrats are any less innocent? Their mantra is vote early vote often even if you are dead, an illegal immigrant, or not reside in that state. There are democrat efforts to suppress voting as well.

    October 23, 2008 04:38 pm at 4:38 pm |
  7. McSleeze & Skanky Cindy Lou

    Barack is right. McCain put Main Street last, like he put his first wife and kids last while he had a sleazy, cheap affair with that skanky beer bimbo, Cindy Lou.

    Well, I'm putting McCain last and I will vote for the best man running and that is Barack Obama.

    See ya McSleazoid, go back home to Arizona.

    October 23, 2008 04:38 pm at 4:38 pm |
  8. deb in az

    well i can tell you that a lot of jobs will be folding if these businesses have to pay higher taxes.....why should they stay if they can pay less somewhere else......sorry to say that i think most people with large stock investments are pulling out and sticking the money that have left in off shore accounts.......i am a democrat that will not vote for some marxist that wants to do share the wealth thing....i have dreams and goals and have enough drive to make it and i dont intend on sharing a dime with good old barrack

    October 23, 2008 04:39 pm at 4:39 pm |
  9. OBAMA 4 President

    OBAMA is going to do it for us, he's gonna win with a resounding victory.

    He did the hard work and deserves the results while his opponent is busy buying his new barbie luxury goods that her husband Todd cannot afford to buy her.

    This lifestyle of having personal shoppers shop for Sarah at Neimans and Saks is unsustainable, she'll need a sugar daddy afterwards to sustain this lifestyle Mcshame has introduced her to.

    Do you thing Mcshame is trying to buy himself a girlfriend to console him after a devstating loss? he he!

    October 23, 2008 04:39 pm at 4:39 pm |
  10. NANCY FROM MONTANA

    McCain/Palin represent the tried and failed trickle down economics, and show no capacity for change.

    Time for change, time for the future.

    MONTANAN FOR OBAMA/BIDEN

    BIG SKY COUNTRY TURNING BLUE!!!

    October 23, 2008 04:39 pm at 4:39 pm |
  11. BAKERSFIELD

    OBAMA SAID
    THAT THIS IS THE GENERATION THAT THE WORLD HAS BEEN WAITING FOR.
    THE OFFSPRING FROM THE WEATHER UNDER GROUND TEACHING

    MAYBE ANTI – USA – YOU BE THE JUDGE

    October 23, 2008 04:40 pm at 4:40 pm |
  12. Maggie from Virginia

    I will be at the polls first thing tomorrow morning. That one gets my vote.

    October 23, 2008 04:40 pm at 4:40 pm |
  13. therealist

    Spreading the wealth is a socialistic tenet, dangerous to Americans main street and wall street..

    October 23, 2008 04:40 pm at 4:40 pm |
  14. Xavier, Saint Louis, Missouri

    I AGREE!
    NO WAY, NO HOW, NO MCCAIN OR CLUELESS AIRHEAD PALIN!

    OBAMA/BIDEN 08'

    October 23, 2008 04:41 pm at 4:41 pm |
  15. Simmy

    Stop wasting your time reading about McCain and Palin, and read the TRUTH! Obama can be depended on for truthfulness. I like the way he took the time to talk to Joe (the Plant/non Plumber-non Joe) these are the stories CNN and others should be obsessed with. McMain Street is really pathetic. Check out his interviews with Brian Williams, and watch the body language between McP. Astounding! OB08!

    October 23, 2008 04:41 pm at 4:41 pm |
  16. D&D

    Remember to VOTE folks, VOTE early for Obama/Biden!

    October 23, 2008 04:41 pm at 4:41 pm |
  17. Tony

    If he is elected.......

    The vindication of McCain is going to be sooooooo sweet!

    October 23, 2008 04:41 pm at 4:41 pm |
  18. J.S.

    Most Main Street Americans DO NOT want a hand out with his "spread the wealth" promise. We want real jobs with real opportunites.

    October 23, 2008 04:42 pm at 4:42 pm |
  19. Michael

    Who wrote Main Street, Senator Messiah? Was Main Street used as a pejorative term by its author?

    October 23, 2008 04:42 pm at 4:42 pm |
  20. LIP

    Obama knows that Main street was where he bought his cocaine and that he got most of his Acorn experience on Main Street and that most of his hoodlum friends all came from main street and that it was right on Main Street where the Reverand Wright preached his hatred of America, so I guess Obama speaks on a subject he knows well.

    October 23, 2008 04:42 pm at 4:42 pm |
  21. paul (reformed republican)

    McCain will put us all in the poor house by the time he's done cutting MediCare and Medicaid, taxing us on our health benefits, and leaving us hanging out to dry with Reagan's "Trickle-down Economics" which didn't work in the 80's and have failed miserably over the last 8 years.

    We need to tell McCain/Palin "No thanks. Been there, done that."

    October 23, 2008 04:42 pm at 4:42 pm |
  22. AR Truth

    If the corporations were actually creating jobs and using the tax money to expand, I could understand the tax cuts. However, this is obviously not what they're doing. They are keeping the profits in their pockets and paying people overseas less money for more work and no benefits. We have to have some incentives for them to stay here. Besides it is the average American that does all the spending, but what can we spend if we have no money and no jobs. It's really crazy when you think of it. Conservatives worry so much about social programs, thinking everything is a handout. Well the a few million in food stamps is nothing compared to this $700billion in the bail out plan.

    October 23, 2008 04:42 pm at 4:42 pm |
  23. demwit

    Obviously, there's no truth to corporations going over seas because of taxes...

    October 23, 2008 04:42 pm at 4:42 pm |
  24. Thera

    To anyone who believes that either party has their interest at heart, I have some ocean front property in Arizona to sell you. Neither one of them cares about Main St., since neither one of them have lived the life of average citizens.

    October 23, 2008 04:42 pm at 4:42 pm |
  25. Chuck

    Look who is running his campaign. A bunch of lobbyists. I have never heard of lobbyist who lobby for keeping jobs in America, taxing oil companies, national healthcare, raising taxes on the greedy. McCain and Palin are two of the most dangerous people in the country. They would just as soon divide the nation than help those in need.

    October 23, 2008 04:43 pm at 4:43 pm |
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