[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/10/24/biden1.jpg caption=" Biden claims that the Republican ticket's economic policies are 'upside down.'"]
ARNOLD, Missouri (CNN) – Thursday’s news of a shrinking GDP and record quarterly profits for ExxonMobil have added fuel to Barack Obama and Joe Biden’s attacks on John McCain’s economic proposals in the election’s closing days. The developments are evidence, Biden says, that the Republican ticket has their economic priorities “upside down.”
“Here the entire economy of America is shrinking, and the oil companies are, this one in fact, made the largest profit in its history in a quarter,” said Biden. It was reported Thursday morning that Exxon Mobil made $14.83 billion in this year's third quarter.
“Ladies and gentlemen, what more evidence do we need that the Exxon Mobils of the world don't need a tax break?” he asked, speaking to supporters in a half-empty high school gym. “That $4 billion should go to middle class taxpayers, people who need the money. John and Governor Palin have this upside down. They literally have it upside down.”
As he regularly does, the Delaware senator said the election is ultimately about jobs and pointed to a closing Chrysler plant in nearby Fenton where production has halted indefinitely and 1,700 workers lost their jobs after rolling out the last 2009 Dodge Grand Caravan.
“These workers, at that Chrysler minivan plant took pride to the very, very, very end to produce the best product,” said Biden as the crowd applauded.
He added a personal touch, saying that he stood in the parking lot of a Delaware General Motors plant, greeting workers as it closed. “My plant,” he called it. (Biden noted the plant re-opened a year later.)
In the first few minutes of his speech, Biden had lighter moment that was straight out of last weekend’s Saturday Night Live open that made fun of him for going off-message and recognizing people in the crowd during his speeches.
“Now look folks,” he said, preparing to launch into a criticism of McCain before spotting Fox High School’s band. “Hey, I didn’t even see the band up there. Hey, folks, how you guys doing? Thanks for being here. That’s really nice of you. Thank you.
“That’s what you call getting off-message. But I tell ya, you guys look good.”