McCain attacks President Bush over economic policy

An interesting narrative today from the McCain campaign which is now attacking the current Bush administration over economic policy. This makes both presidential candidates attacking the current administration, maybe a new record? I’m not a historian so I don’t know.

The report from Yahoo News:

CLEVELAND – Republican John McCain promised Monday to break with President Bush’s policies on the economy and put a tight lid on government spending.

Flanked by some of his economic advisers, the Republican presidential candidate bashed Democratic rival Barack Obama, but also made clear he would steer a different course than the current GOP administration.

“We both disagree with President Bush on economic policies,” McCain said. “My approach is to get spending under control. The difference between us is he thinks taxes have been too low, and I think that spending has been too high.”

Before he spoke, McCain met with economic advisers including former rival Mitt Romney and former Housing Secretary Jack Kemp. The event was designed to focus his message on the economic meltdown that has dominated the campaign and left him on the defensive. The economic downturn has helped boost Obama to a lead in the polls, both nationally and in key battleground states like Ohio.

“My plan will create millions of jobs in America, and Americans are beginning to figure that out,” McCain said. “I will protect your savings and stock market account and get the stock market rising again.”

“The difference between myself and Sen. Obama is my plan will create jobs, it’s a difference of millions of jobs in America,” he said.

Obama campaign spokesman Bill Burton responded, “A day after John McCain said that he agreed with George Bush’s economic philosophy, he continued to parrot the same failed policies that give billions to billionaires and big corporations while providing no relief at all to more than 100 million middle-class Americans.”

McCain basically has to take this line of attack since the Obama campaign has been successful, to an extent, with commercials and stump speeches linking McCain directly to Bush.

  • JD

    This is something he should have been doing months ago. It is too late to win over independents and with early voting going on in key battleground states, I beleve it is a day late and a dollar short.

    I don’t believe he has enough time to drive this message home nor do I think he can explain away the many times over he has sided with the Bush agenda.

    Personally, Ruplublican’s should be dissappointed with the way McCain’s campaign was run.

    He play checkers in a chess game.

    It will be interesting to look back at this election season in the future. It was an election process for the record books and I think this years race will change the way candidates run going forward.

  • Babs

    I’ve heard him make this distinction on the stump, but I’m glad he included it in his press conference today. I was also impressed with his advisors, I hope some of them make the Cabinet.

  • Dreadsen

    JD

    an overwhelming amount of them are. That’s why so many are stockpiling over to Obama. 90% of those republicans moving over aren’t going to vote for him if he gets in the 2nd time around. THAT is what people are not considering. By then the republicans will throw out the neo con agenda and have their act together and be a more logical that they used to be years ago or Ron Paul actual along with other anti war conservatives will have tons of support built up.

    This is another sign of how horrible the campaign was ran.
    People all wonder why Ayers isn’t taken so seriously by everyone. How did they expect the voters to take that seriously when their own candidate wasn’t taking it seriously. You can’t just raise the charge that this guy might be a possibly secret terrorist only with in the last 3 weeks! He should have been yelling about Ayers since March. Now he also waits for 9 days before election day to throw bush economy under the bus. He may be sincere. I’ve said before on here that i think if he got elected over bush Iraq possibly wouldn’t have happened. He may have been pandering to the base who loves bush and actually had this different plan all along but didn’t want to push them away. Even if all of this is true everyone is going to see this as just trying another move out of desperation.

  • McCain and Obama both supported President Bush’s bailout. Neither offers the solution, which is the Gold Standard.

  • Mike A

    Mccain has yet to reveal any specifics about his new economic plan because he didn’t realize he needed a new one until last month. What a pickle. Keep the base happy by continuing Bush’s policies, or acknowledge the failure and risk vaulting off party lines. It reduces the whole campaign to vague sound-clips like “cut spending”, “lower taxes”, “invest to create millions of jobs”. You know whose sound clips these are? They are the sound clips of the democrats! Reduced to bits they have no value either. But unlike democrats, without specifics to back them up in the debates or on the stump or in this press conference they don’t amount to anything. Furthermore, his plan is full of spending, except it’s the kind he finds acceptable. Prove me wrong about the Republican economic plan or the spending, please.

    Is it wrong to want to see a doctor when I’m sick and be able to afford it? Is it wrong to want my father, who worked in a factory for 40 years, to retire with dignity with the savings he was promised intact? Is wrong to believe in equal rights on racial and gender lines? Is it wrong to want our schools excelling with achievement regardless of region, county, city, or neighborhood? Because I want these things, because I value my country and think of it this highly, imagining an even better version of it, am I a bleeding heart? Anti-American? Socialist? Unpatriotic?
    Is it wrong to want some guy who works at the library to see more in his paycheck and to receive that little boost from multi-billionaires? Is it wrong to find out the facts about our enemies and try to understand them instead of destroy them without hesitation? Is it wrong to want to save the military as a last resort, and when as a last resort, actually respond with force to who attacked us? The neo-conservative right has made me feel subhuman for wanting our nation to develop these policies. I am voting Democratic and have been for several election. That’s not changing without the right revising themselves with smart people. They’re out there. Better think about getting behind someone who can win and NOT ruin the country.

  • Seems too little too late for McCain to start throwing Bush under the bus.

  • EricF

    lol you guys are just too damn funny. its the dems that are switching to McCain. you can bank on at least 50% of Hillary supporters voting McCain. they are pissed. you guys have no clue. it is alleged that Hillary supporters were intimidated, suppressed and disenfranchised early on. they feel Obama stole the nomination. Obama f***ed up when he didnt pick Hillary for VP. you now have democrats listening to Rush and watching FOX news. lol. too funny.

  • EricF

    Dont know if you were responding to me or not but i was talking about High Up Republicans. you know ex governors, columnist, Senators, etc.

    If 50% of the hilary voters who were being polled during the Primaries were voting for McCain i think the POLLS now would reflect Obama losing by a landslide. OR if that is true then there is an overwhelming amount of Republican and independent voters who made up the difference which i highly doubt.
    So YOU have no clue along with the rest of us.

  • Simple maths: 50% Hillary voters = 9million, and as Dreadsen rightfully points out, that would be reflective in the polls. If it is reflective in the polls, then that means a lot of Republicans aren’t voting for McCain but Obama.

    I would say that at best only around 5% of Hillary voters would vote for McCain and not Obama.

  • DJS

    MikeA…not sure how Obama is going to cut spending with his record of earmarks. And with the democrats having the majority in congress they will be signing off on anything and everything. You think it is bad now. Wait until there is no check and balance between congress and the president.

    Remember the election in 2006? Everyone voted for democrats because they wanted change.

    A little over two years ago:
    1) Consumer confidence stood at a 2 1/2 year high;
    2) Regular gasoline sold for $2.19 a gallon;
    3) The unemployment rate was 4.5%.

    Since voting in a Democratic Congress in 2006 we have seen:
    1) Consumer confidence plummet;
    2) The cost of regular gasoline soar to over $4.10 a gallon;
    3) Unemployment is up to 5% (a 10% increase);
    4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fund
    losses);
    5) Americans have seen their home equity drop by $1.2 trillion dollars;
    6) 1% of American homes are in foreclosure.
    7) Food prices skyrocketing over 30% in 1 year.

    America voted for change in 2006, and we got it!

    Remember, it is Congress that makes the laws and spends our money -not the President. He has to work with what’s handed to him.

    Everyone wants to talk about how bad Bush is and I do agree but congress has a worse acceptance rating then Bush. What is that all about? The democrats are the majority in congress. What have they done the last 2 years that people think less of them now? Or should I say what haven’t they done?

  • Babs

    “If 50% of the hilary voters who were being polled during the Primaries were voting for McCain i think the POLLS now would reflect Obama losing by a landslide.”

    Dreadsen, I agree with the point that it’s probably not 50%, although, the Hillary supporters’ forums and website would have us believe it is.

    Having said that, however, if the organization is as disciplined as they appear to be, there is something to consider on the poll issue, and I’ve reported it before. There is a “pact” if you will, among the Hillary supporters that they will voluntarily and agressively lie to pollsters in order to give Obama a false sense of security. I often wonder how much of the spread among the various polls could be due, at least in part, to this pact.

  • Bill Hedges

    DJS–OBAMA will not cut. He will add $ 1 trillion to debt. Add $2 Tillion more for voter favors.