Barack Obama today will make a major address on the economy in Toledo, Ohio.
Today in Toledo, OH, Senator Obama will deliver a major policy address to lay out his economic rescue plan for the middle class. Our economy is facing its greatest uncertainty in over 70 years, we have lost 760,000 jobs this year and the unemployment rate is expected to reach 8 percent. Families, who saw their incomes decline by $2,000 in the economic "expansion" from 2000 to 2007 now risk seeing deeper income losses. Retirement savings accounts have lost $2 trillion. Millions of homeowners who played by the rules have seen their housing values plummet and are having a hard time making their mortgage payments. And credit markets are nearly frozen, preventing businesses large and small from accessing the credit they need to meet payroll and create jobs.
Compare that to the McCain campaign. Today the NY Times reports that the McCain campaign, contrary to their own assertions, won't be making any more economic policy prescriptions.
Despite signals that Senator John McCain would have new prescriptions for the economic crisis after a weekend of meetings, his campaign said Sunday that Mr. McCain, the Republican presidential nominee, would not have any more proposals this week unless developments call for some.
Unless developments call for some? Developments? Just because the stock market is up today doesn't mean the economy is all fixed, Johnny.
Good lord.
The signs of internal confusion came as the campaign was under pressure from state party leaders to sharpen his message on the economy and at least blunt the advantage that Democrats traditionally have on the issue in hard times. Republicans have grown fretful as Senator Barack Obama, the Democratic presidential nominee, has edged ahead in polls three weeks before the election, while Mr. McCain has veered between ill-received economic plans and attacks on Mr. Obama’s character.
One of these guys is running for President. The other one is running, well, who knows. The SS McCain's got more leaks than a sieve.
Why is the media still taking McCain seriously at this point?