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McCain says Bush policy on economy is wrong
AP ^ | 27 Oct 2008 | Mike Glover

Posted on 10/27/2008 10:24:57 AM PDT by BGHater

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."

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Editorial; Government; Politics/Elections
KEYWORDS: bush; economy; mccain; politics
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1 posted on 10/27/2008 10:24:58 AM PDT by BGHater
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To: BGHater

Is McCain running against Obama, or Bush? I’m confused.


2 posted on 10/27/2008 10:26:29 AM PDT by 1rudeboy
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To: 1rudeboy

This is good. Now he just needs to point out that Obama wants to spend even more money than Bush has.


3 posted on 10/27/2008 10:29:12 AM PDT by frankiep (Every socialist is a disguised dictator - Ludwig von Mises)
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To: 1rudeboy

I think this article mis-attributes one of McCain’s lines about Obama—the thinking taxes are too low—to it being about Bush.


4 posted on 10/27/2008 10:29:18 AM PDT by 9YearLurker
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To: BGHater
Why isn't he hammering what Obama/Pelsoi/Reid will do to the economy?

Like McCain said to Obama, "if you wanted to run against Bush you had your chance in 2004".

5 posted on 10/27/2008 10:29:39 AM PDT by AU72
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To: 1rudeboy

Don’t believe the LSM headlines.

THey are trying to divide the base.

jeeeeshh


6 posted on 10/27/2008 10:29:39 AM PDT by Perdogg (Raila Amollo Odinga - community organizer)
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To: 1rudeboy
Is McCain running against Obama, or Bush? I’m confused.

Both. Primarily, he's seeking to wedge the "ABB" vote away from Obama by distancing himself from a President who's unpopular on all sides.

7 posted on 10/27/2008 10:29:41 AM PDT by kevkrom (If Obama promises to tax your neighbor to give to you, what's he promising your neighbor?)
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To: 1rudeboy
He forgot who the REAL enemy is ! - Watch the first line (last 8 years bad per McCain).
8 posted on 10/27/2008 10:48:03 AM PDT by anita
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To: BGHater
There are plenty of jobs in America, the point is that millions of them are held by illegals and the republicans have been all in favor of depressing wages for way to long.

Send the illegals home, wages will increase, people will be able to pay for their over priced mortgages. Problem solve, no money spent.

9 posted on 10/27/2008 10:49:17 AM PDT by org.whodat ( "the Whipped Dog Party" , what was formally the republicans.)
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To: BGHater

Please shut up, John. It’s hard enough to support you.


10 posted on 10/27/2008 10:50:21 AM PDT by Deb (Beat him, strip him and bring him to my tent!)
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To: kevkrom

Oh, I understand that . . . it’s just that at this stage of the game McCain needs to start running against his opponent.


11 posted on 10/27/2008 10:50:43 AM PDT by 1rudeboy
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To: BGHater

Tax revenues will likely be down by double digits next year. From about $2.6T to maybe only $2T. And if the US government loses the ability to create more debt, because of a collapse in the international credit market, the next president may be forced to make massive cuts in government spending.

How massive? Barney Frank may be correct about a 25% cut in Defense spending. But this could also mean 25% cuts in Social Security, Medicare, Medicaid, and everything else. The only part of the budget that truly cannot be cut is the 10% which goes to paying the interest on the national debt.

So the very first thing will be a “means test” for everything. If you have enough money so you are not in poverty, you get nothing from the government. Not very popular, to say the least.

If they are smart, they should exchange tax deductions for benefits, which is better than just means testing, and also helps get the economy started again.

This will all begin with the new president suspending grand parts of the government, so their money can be diverted to the critical parts.


12 posted on 10/27/2008 10:52:52 AM PDT by yefragetuwrabrumuy
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To: BGHater
As Rush said a few weeks ago, we're going to have to drag this guy across the finish line.
13 posted on 10/27/2008 10:54:39 AM PDT by SaveTheChief (Chief Illiniwek (1926-2007))
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To: BGHater

This is coming from an idiot who wants to spend additional hundreds of billions of dollars to buy up more mortgages of people who are not already paying their mortgages to let them stay in them without recourse?

Idiotic. That’s McLame.


14 posted on 10/27/2008 10:55:23 AM PDT by ConservativeMind (Concerning Larry Sinclair: It is strange when you can be thankful for having a pervert on your side.)
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To: BGHater

I happen to agree with McCain about Bush economic policies starting with NCLB which has wasted millions of dollars. Here is what the owner of this site had to say for those naysayers on Sen McCain/Gov Palin:

And if you’re one of those hard cases who can’t quite see your way clear to vote affirmatively for McCain-Palin and against the America-hating Marxist Barak Hussein Obama, well, I’d advise you to button up your lip before someone busts it up for you. Free Republic is Mccain-Palin territory!!
You heard it here first!

Go get ‘em FReepers!!

1 posted on Friday, October 24, 2008 4:34:28 PM by Jim Robinson


15 posted on 10/27/2008 11:04:43 AM PDT by PhiKapMom ( BOOMER SOONER -- VOTE FOR McCAIN/PALIN2008! LetsGetThisRight.com)
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To: ConservativeMind

sigh. congratulations MSM, you succeeded in getting conservatives mad at McCain again by distorting the headline.

Newsflash: McCain wasn’t going after the Bush Tax cuts. He was going after the out-of-control spending during the same time period. Unfortunately, McCain is pretty inept at making this point clearly that makes people stand up at ask “WTH did he just say?”.

McCain doesn’t want to raise taxes, he wants to reel in spending. He thinks Bush let Congress get away with too much spending and hit him on it. It would not make sense for him to go after the Bush tax cuts since he actually is on the record saying he supports them now and wants to extend them.

But hey, since we’re on a roll here, how about somebody post an article about CFR or immigration?

8 days people. 8 days. Keep it together. That’s all I ask.


16 posted on 10/27/2008 11:05:54 AM PDT by parksstp (McCain/Palin - Vote for the future to survive the present)
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To: BGHater
My approach is to get spending under control.

Hence the vote to approve a $700 billion bailout package. Good plan.

17 posted on 10/27/2008 11:06:47 AM PDT by Non-Sequitur
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To: frankiep
This is good. Now he just needs to point out that Obama wants to spend even more money than Bush has.

At first McCain was talking about a spending freeze on everything except entitlements and the military. Then it became everything except entitlements, the military, and veterans. Soon it was everything except entitlements, the military, veterans, and NASA. Then over the weekend, according to Palin, it became everything except entitlements, the military, veterans, NASA, special ed kids, and No Child Left Behind. So where exactly will this freeze actually freeze spending?

18 posted on 10/27/2008 11:10:35 AM PDT by Non-Sequitur
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To: ConservativeMind

I’m considering writing in Palin for President.


19 posted on 10/27/2008 11:24:27 AM PDT by alconservative (Uphold the Constitution.)
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To: 1rudeboy

He’s right. Bush let spending explode and though I know why he felt he had to do it it was horribly wrongheaded. So I would hope that McCain would take a stand against profligate spending.


20 posted on 10/27/2008 11:26:51 AM PDT by jwalsh07 (It's the Marxism Stupid!)
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