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| World Home » Current Affairs » | Fri. Aug 29, 2008 |
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Obama sharply criticizes Economic Policies of McCain Agenda MIL/NYT/IRS, Jun 10, 2008. John M.Broder Raleigh, N.C., USA: June 10, 2008 – IRS/NYT -Barack Obama sharply criticized the Economic Policies of McCain Agenda stating that Mr. McCain’s economic agenda would be nothing new but the same agenda of President Bush, since McCain’s presidency would be a continued President ship of Bush’s faltering economic policies. Barack Obama started his two week tour of new battle since Monday by attacking Senator John McCain’s economic policies. His main focus is on the ailing economy as the central theme of the general election campaign. Barack emphasized to the masses that Mr. McCain’s economic agenda would be nothing new but the same agenda of President Bush, since McCain’s presidency would be a continued President ship of Bush’s faltering economic policies. While highlighting his own proposals to aid economically beleaguered Americans, he suggested tax cuts for middle-income families and retirees, a $50 billion economic stimulus package, expansion of unemployment benefits, and relief for homeowners facing foreclosure. He favored for a more active government role in restoring the nation’s economic health and aiding distressed families, setting up a stark contrast with Mr. McCain, who has proposed tax cuts for corporations and other tax reductions to spur the economy. But while Mr. Obama has tried to link Mr. McCain’s economic policies to Mr. Bush, Mr. McCain has departed from the president by calling for a greater government role in helping homeowners. Mr. Obama’s speech started a two-week tour that points to his campaign’s view of the primary November battlegrounds. Monday’s speech was in North Carolina, which has long backed Republican presidential candidates but which has a large black population, and Mr. Obama will be traveling to Florida, Missouri, Pennsylvania and Ohio to press the economic theme. In his remarks Monday, he spoke of hard-pressed workers in Indiana, Ohio, Pennsylvania and Wisconsin struggling to pay their bills and buy gasoline. And he laid the blame squarely at the feet of President Bush and his allies, including Senator McCain. “We did not arrive at the doorstep of our current economic crisis by some accident of history,” Mr. Obama said here to 900 invited guests, a relatively small audience for him. “This was not an inevitable part of the business cycle that was beyond our power to avoid. It was the logical conclusion of a tired and misguided philosophy that has dominated Washington for far too long.” He added a moment later: “We were promised a fiscal conservative. Instead, we got the most fiscally irresponsible administration in history. And now John McCain wants to give us another. Well, we’ve been there once. We’re not going back.”
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