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.