Obama Says McCain Would Keep Economy In A ditch

By: Associated Press
By: Associated Press
Democrat Barack Obama says President Bush has "driven our economy into a ditch" and Republican John McCain would keep it buried there if he gets elected.

(AP Photo/Alex Brandon)

Democrat Barack Obama says President Bush has "driven our economy into a ditch" and Republican John McCain would keep it buried there if he gets elected.

Speaking on a baseball field in sun-splashed Florida, Obama seized on new federal data showing that the economy shrunk in the third quarter of the year. Consumers cut back their spending by the biggest amount in 28 years, the strongest sign yet of a recession.

Obama says McCain is like a passenger in a car, waiting to take the wheel from Bush and keep the country off course. He uses the same analogy in a new negative ad.

Obama told the Florida crowd: "Why would we keep on driving down this dead-end street?"

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  • by HAWKEYE Location: C/S on Nov 3, 2008 at 07:44 AM
    I reading more republican babble in the comments listed below .These people haven,t said on how there man John Mccain would help the middle class and poor they are just worried that Obama going to take from them and give to poor who say they dont want to work for it .Well I know many people who work very hard and is working more than 1 job to make ends .I tired of hearing how OBAMA is going to spread the wealth and it will cost jobs . You know what maybe if the wealth is spread maybe those people that are working 2 jobs and become business owners and treat there employees better .I like one of these people below if they are business owners to tell when was the last you gave a good or great employee a raise or a bonus or did you take it and spend it on golfing trip or brand new car or 300k house .MOST business owners do not .I REPEAT DO NOT! care about there employees it there profit margin they care about .......
  • by Tom Location: Palmer Lake on Nov 2, 2008 at 12:12 PM
    For those still not sure who to vote for, let me provide some clarification. Democrats believe that government, not individuals are better able to care for all their needs from the cradle to the grave with government programs designed to keep you under their control. Repuiblicans believe in government provding assistance needed to help those who have the where with all to go out and make something of themselves, their lives and provide for their families. Which of these Americans characterizes you? Your vote will decide this issue!
  • by Nikki Location: C/s on Nov 2, 2008 at 11:07 AM
    Go Obama!!!!
  • by Chuck Location: Colorado Springs on Nov 2, 2008 at 06:57 AM
    Ron face it if you are not happy with you lot in life it is up to you to improve it. Government handouts only serve to discourage success and encourage mediocrity. I had to work a lousy job to get myself through college, but I made it. I'm not rich, but I am able to provide for a family of 6 without asking anyone for anything. I don't expect the government to help me by taxing others. I believe that the flat tax is the only real long term solution to stabilize our economy. Neither candidate has proposed this idea though, which disappoints me. Obama has proposed an income tax reduction, but he has proposed several other taxes which will affect everyone. You may see a little extra on you tax return with Obama, but he will nickel and dime you elsewhere without you realizing it.
  • by BJ Location: CS on Nov 1, 2008 at 08:33 PM
    O'Bama acts as if he is running against Bush. If not for Bush O'Bama would have nothing to talk about or compare to. Big man with big ideas, not.
  • by Reader Location: CS on Oct 31, 2008 at 07:50 PM
    If O'Bama is elected he will take from the rich to give to the non-working poor. There have to be limits set on welfare and handout programs. It's no wonder people keep on taking and not giving back. Let's not give incentives to those that don't help themselves. Since when should one's assets be shared with those that have none to share. Yep, the solution is share the wealth. Isn't that something else?
  • by Ron on Oct 31, 2008 at 06:08 PM
    McCain, like Bush, only cares for the rich folk
  • by George Location: C/s on Oct 31, 2008 at 05:37 AM
    One does not simply increase the tax on capital gains, and on investors, and assume that the same amount of investment and capital gains will still occur. Obama believes the main thing is to make the capital gains tax "fair," regardless of what history shows about the relationship between rates and revenue. He does not appreciate that tax incentives for investing increases the amount of investing, which in turn expands business, creates more jobs and produces more income - and thus more tax. The JFK tax cuts proved it; the Reagan tax cuts proved it; the capital gains tax cut that a Republican Congress forced on Bill Clinton proved it; and the Bush tax cuts proved it again. It is not a theoretical argument. The latest cold, dry IRS statistics demonstrate it once again. If Obama is elected next week, we will have a history lesson about why societies that sought "fairness" by taking massive amounts of money from one part of society to give to another only made things worse.
  • by Lauren on Oct 30, 2008 at 05:01 PM
    SICK and SAD!! http://de.youtube.com/watch?v=nx5N2n24x2k
  • by Doug on Oct 30, 2008 at 04:47 PM
    Obama just needs to shut up and quit making promises he will never keep. He is flip flopping on many things. McCain is the only one that can run this country like a true American. Obama would rely on his shady buddies and take this country down the toilet.
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