Obama, McCain Clash Over Job Losses
Democrat Cites Sept. Jobs Report As Sign Of Failed GOP Policies; McCain Says Obama Will Raise Taxes, Spending
-
Photo
Democratic presidential candidate Sen. Barack Obama, D-Ill. and Republican presidential candidate Sen., John McCain, R-Ariz. (AP)
-
Play CBS Video
Video
Campaign '08 Notebook
The candidates were out on the trail as Barack Obama slammed John McCain's economic policies and John McCain praised Sarah Palin's performance in the VP debate in St. Louis. Katie Couric has more.
-
Video
Unemployment On The Rise
With many small businesses unable to cope with the financial crisis, economists predict further job losses. Anthony Mason reports.
-
Interactive
Eye On The Economy
In-depth features on U.S. markets, taxes, employment and the Federal Reserve.
-
Section
Weathering The Downturn
In this economy, it's smart to save. CBS News shows you how.
The government reported employers cut 159,000 jobs last month, the ninth straight month of job losses. The crowd gathered to hear Obama at a Pennsylvania high school football field booed when he told them the numbers and again when he told them McCain recently said the economy is fundamentally strong and has made great progress under President Bush.
The Illinois senator encouraged voters to change the Republican leadership in the White House that he said hasn't worked. He disputed McCain running mate Sarah Palin's claim in a debate Thursday night that own spending plan would be a job killer.
"When Sen. McCain and his running mate talk about job killing, that's something they know a thing or two about," Obama said. "Because the policies they've supported and are supporting are killing jobs in America every single day."
Hours later at a town hall meeting in Pueblo, Colo., McCain himself said Obama's plans would hurt the economy.
"He wants higher taxes, more government, higher spending, and frankly that record is not something which has been good for America and we won't let it happen," McCain said.
Obama is proposing tax increases only for those earning more than $250,000 but would cut taxes for those making less - details that McCain and Palin don't mention.
Their dispute came as Congress approved a $700 billion measure to bail out the financial industry. Both campaigns said their candidates called lawmakers on behalf of the bill. Members of the Congressional Black Caucus credited Obama with changing their minds, including Rep. John Lewis, D-Ga., and Reps. Elijah Cummings and Donna Edwards, both Maryland Democrats.
McCain spokesman Tucker Bounds said, "He's made a number of calls today. We are not releasing specifics at this time." But Republican Rep. Sue Myrick of North Carolina, who switched her vote to favor the measure, said she hadn't heard from McCain. "They told me he was going to call me. He didn't," she said.
Speaking to reporters upon landing in Flagstaff, Ariz., McCain took credit for helping push the bailout through Congress. Last week he briefly rearranged his campaign schedule to go to Washington as lawmakers began considering the package. He left to debate Obama but returned last weekend before the first House vote.
"I'm glad I suspended my campaign and went back to Washington to bring, to help bring House Republicans to the table," McCain said.
Despite Congress' passage of the bailout, there was no indication the Wall Street crisis would give way to other campaign issues and more economic woes could be ahead.
Speaking in battleground Colorado, McCain defended the bailout, which he voted for in the Senate on Wednesday.
The Arizona senator said he is a "proud opponent of waste and pork barrel spending," possibly a reference to pet projects and sweeteners tucked into the rescue measure to win more votes after the House defeated it Monday with 133 Republicans and 95 Democrats voting no.
"But I also have to tell you that the government has to step in at this time and save Main Street from the challenges and the disaster that's looming," he said.
Later, a member of the town hall audience asked why the government is bailing out Wall Street first instead of helping individual homeowners.
"I know that a lot of people view this as a 'bailout for Wall Street.' I'm not interested in helping Wall Street in any way," McCain said. He said rescuing the financial industry will give Americans confidence in the economy and help stabilize the housing market, which would eventually benefit homeowners.
With that grim economic backdrop, Obama is seeking to solidify his lead in national and battleground polls, while McCain looks for a game-changing development to close a gap that grew in part because McCain struggled to respond to the financial crisis and because economic woes tend to push voters toward Democratic candidates.
Polls show Obama has made progress in persuading voters that he's ready to be president and that McCain would continue Bush's economic policies. But the Illinois senator still has work to do to lock down his lead in case outside events or campaign blunders change the campaign conversation.
Obama planned to continue to use the economy and McCain's 90 percent support for Bush in the Senate to hammer his opponent and to argue that the GOP ticket has failed to articulate how it would be different from the current administration. Aides still view the race as very close.
McCain's campaign is trying to regroup from a disastrous two weeks. As Wall Street crumbled, McCain struggled to strike the right note. Palin's qualifications came under fire from GOP critics after she appeared ill-informed in TV interviews. The GOP nominee's poll numbers slipped everywhere, dropping so far in Michigan that the campaign pulled the plug. It diverted resources elsewhere, even moving to shore up Republican bastions like Indiana and North Carolina.
The Arizona senator's advisers argued that Palin's debate performance quieted GOP critics and reassured other skeptics enough to stop McCain's slide, but it was too early to verify that. McCain advisers also hope Congress' approval of the bailout will help turn the page to other issues. They say McCain will go hard after Obama by emphasizing liberal positions Obama has taken in Senate votes.
In other campaign news, Sen. Joe Biden bid safe farewell to a Delaware National Guard unit that includes his son Beau, reports CBS Evening News anchor Katie Couric. The Guard troops will soon be deployed to Iraq.
Meanwhile, Gov. Palin and her husband Todd released their income tax returns for the last two years. In 2006, they earned about $128,000. That figure jumped to $166,000 in 2007 as Palin was elected governor. Alaska's first family paid nearly $37,000 in federal taxes over those two years and gave about $8,000 to charity.
© MMVIII, CBS Interactive Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.




- 1
- 2
- 3
- 4
...
- 11
- next
See all 507 CommentsIt worked!
More pork and John McCorpse VOTED FOR IT!
So much for 100% truth from the McLie campaign!
Although police are looking for the culprit, Michigan residents suspect that John McBush McCain may have had something to do with it. Rumor has it that McCain, ticked off over spending so much campaign money in Michigan, only to have the state go over to Obama, had a temper tantrum and ordered a truckload of his campaign "advisors" to descend on the pumpkin patch and grab the huge gourd as payback.
Police will be watching the McCain campaign committee very closely to determine if McCain begins giving out free pumpkin pies at his rallies in the remaining "battleground" states he is still campaigning in.
SIG HEIL, I''VE SAVED WALL STREET (BUT NOT YOU!!!), BUSH!!!
sig heil, HE JUST DOESN''T UNDERSTAND!!!, McBush!!!
sig heil, WE CAN''T LOOK BACK AT THE PAST 8 YEAR''S OF MISTAKES; WE HAVE TO LOOK FORWARD TO THE NEXT 4 YEAR''S OF MISTAKES!!!, Palin!!!!
Well look, everybody knows McCain doesn''t have line item veto powers and a Dem majority Congress isn''t going to give it to him.
McCain needs to start thinking of new ways to put forward his tired old messages - what about asking Arnold Schwarzenegger to take a higher profile to describe what a nightmare it''s been to manage the budget of California. Tax increases (not popular), vetoing 1/3 of spending bills from the Dem State Senate (mostly popular), declining revenues and credit freezes, natural disasters . . .
Posted by Terrapin78
There was that too - geez . . .
McBush has ordered her to be his Chatty Palin Doll because he can''t talk longer than 5 minutes without forgetting what he''s talking about. Sure she''ll do it, then he''ll kick off and the repubs will use her the same way. What a MORON she is.It''s a sha,e her kids have to see her as a puppet.
How bout some credible research?
======================
In Obama''s own words, if standing up to George W Bush failed policies Of the past eight, long ywears makes one a liberal, then I stand guilty as charged.
Posted by kathyjay1
I think women do themselves a huge disservice by deluding themselves into thinking anybody respects women who trash other women in a transparent attempt to differentiate themselves from the one taking the heat.
Because everybody knows this is approval and security based and to garner ''respect'' from the likes of you, you actually focus on the MEN from whom YOU''RE seeking approval and you''ll fall in line.
Just like BUSH. He cannot handle an audience or questions that are not pre-screened and 100% Pro-McCain.
Just Like BUSH, McCain has had those who DO NOT SUPPORT HIM ARRESTED OR EVICTED simply because they carry a sign or wear a T-shirt he does not like.
Just like BUSH, we can expect a President McCain to use the Secret Service and local law enforcement to keep ANYONE NOT SUPPORTING HIM FAR FAR AWAY- preferably IN JAIL (Just like BUSH).
This is NOT AMERICAN. THIS IS FASCIST, OR COMMUNIST, OR LIKE EVERY OTHER TOTALITARIAN GOVERNMENT.
McCain= Republican= DICTATORSHIP. PERIOD.
Morever, the economic mess was caused by the republican trifecta when the congress and the presidency were controlled by one party. The trifecta resulted in the economic and foreign policy disasters that Americans are now living with.
So why would we believe a political hack like McCain would really be for change and reform when he voted along with his party on policies that are disasterous for Main Streeters? The republicans have taken spewing lies and made it an artform. The party of the religious right is ironically the party of liars, cheaters, and uncompassionate people. Evangelicals are no longer credible as they mix their politics with faith and follow the teachings of pharisees and ungodly person. Enough is enough!!
Posted by Credibility2,
Really? I suppose the three trillion (this includes future costs)dollars we flushed down the drain in Iraq has nothing to do with the decloine of the dollars value and the subsequent increase in costs?
Lets state some facts here!
The driving force of the economy is the middle class and when they utilized the trickle down plan it does not work. These CEOs wanted more so they got it by shipping the middle class jobs out to gain a competitive edge over their peers who subsequently did the same.
Lets add the effects of some layoffs and now you have middle class workers taking pay cuts that result in less buying power. This leads to a decline in the economy because there are simply not enough millionaires to consume all the goods the middle class does.
Is it any wonder why we have so much debt that the economy is as bad as it is?
I am voting for change and Obama provides the best chance because McCain is member of political establishment that got us here.
The McCain "LIE, LIE, LIE EXPRESS". Geez John. We know your campaign is now being run by ROVE hit men. Just give it up if you cannot muster even a little remaining HONOR.
Frankly, it is becoming OBVIOUS that McCain spent TOO MANY YEARS as a POW. He''s unstable and angry. He explodes under pressure. He is VERY dangerous for America.
OF COURSE all of those years as a POW left him emotionally damaged. To claim anything else is not to know what our limits are as humans.
I''m sorry McCain is so damaged from his years as POW. I sure as hell am not so sympathetic as to put McCain''s finger ANYWHERE NEAR THE ECONOMY or THE RED BUTTON.
--------------------------------------
----------------------------------------
--
Posted by stevemccoy7 "
Your next president.
Posted by slownewsdays at 06:19 PM
EXACTLY! Woohoo!
Why would CBS censor U2? They''re a great band.
I mean, who would censor Bono? He''s an incredible humanitarian. And a great singer, too...
Posted by rightbehind at 06:21 PM
So did your hero John McSame. Just like a brainwashed republican to only state half the facts. Are you taking lessons from Palin?
Posted by mrmazerati
--------------------------------------------------------------------------------
You know if someone could show me it was the republicans fault I might would agree with that. The problem the bread crumbs come back to the Democrats on this melt down. I know everyone who hate republicans can''t beleive that they were calling for reform and tighter regulations and it was the dems that block every thing the republicans tryed to stop this from happening but the dems were so deep in the pockets of fannie and freddy they ignored what was happening.
Posted by ohmichael
--------------------------------------------------------------------------------
I have to ask do you honestly believe wealth redistribution is the cure for what ails this economy or are you just looking out for self. I hanest believe libs could careless if Obaa''s tax plan would fix the economy as long as the rich get punished and they get more money every thing will be just fine.
Posted by Policrypt
--------------------------------------------------------------------------------
What does it say for Obama''s judgement he picks a man who couldn''t even muster 2000 votes in the primaries and then sits in front of national audiance and says he will be in on every meeting Obama holds. I guess he is saying that obama is to irresponsible to handle the meetings himslef so he needs Biden there to hold his hand.
So we should vote in more Republican lobbyist-lovers? I mean, after all, we''re all SO MUCH BETTER OFF after 8 years of ''em, right?
John McCain just said he''s going to create 500,000 new jobs.
Unfortunately they''re all in the Iraqi Army, and you get to pay their salaries with your taxes....ten billion dollars a month.
Phil Gramm may have been right - "We are a Nation of ''Republican'' Whiners"
Hopefully this country will wake up on the next election and get rid of the sickos in washington.
Hopefully this country will wake up on the next election and get rid of the sickos in washington.
Posted by kimmyjo4 at 07:26 PM : Oct 03, 2008
Sometimes I read post like this and wonder WHERE in the world these people have been the last 8 years. The "Dems got their bail out package"? You have to be pretty desperate and Pretty Uneducated to make a statement like that. LOL When you think back to the Nation that Bill Clinton handed Bush, McSame, and the Republican Party in 2000 and look at what we have NOW, you must wonder just how lost someone like this person has to be. COMPLETELY without a Clue and so willing to put their Party ahead of their Country they will vote to CONTINUE it!! LOL I have a Dog smarter than that!! HONEST!!
Al Sharpton
Louis Farrakhan
William Ayers
Anthony Rezko
Rev. Wright
Posted by mr22582 at 07:21 PM : Oct 03, 2008
Have you ever wonder how these people can get out in public without hurting themselves? Here we are with one of the WORST Economic Crisis in OUR history, Banks failing, HUNDREDS of THOUSANDS of American''s losing their jobs and THIS poor uneducated gapped tooth Red Neck wants to put on his Hood and Sheet! Yeah I''d say they are a danger to themselves and EVERYONE around them.
-------------------------------------------------
McCain is some piece of work. He saw that he was slipping in the polls so he "suspenped" his campaign to try to work on the bailout. He got angry when Obama would not follow his lead. When McCain got to Washington, he was not allowed to join the Senate negotiating team. In fact, he was not even allowed in the room. When McCain was asked in the famous meeting with Obama and other leaders for his input, he said a few sentences of generalities and passed to the next speaker. Then he made the rounds trying to see GOP representatives, many would not see him.
He was still angry during the debate with Obama and showed it. During this round, he allegally called GOP senators/reps but no one recalls getting a phone call from him. If I was Obama, I would run ads on McCain''s last two weeks.
Posted by stevemccoy7 at 07:23 PM : Oct 03, 2008
Yeah?? Exactly how is that? I''ve read their economic proposal and it CERTAINLY is different than Bush''s AND it''s pretty close to the Clinton Plan... Now EVERYONE knows that plan works. Have you considered maybe picking up a night course or two... could help you read and understand these things.
Maybe for Wright and some others, Farrakhan "epitomized greatness." For most Americans, though, Farrakhan epitomizes racism, particularly in the form of anti-Semitism. Over the years, he has compiled an awesome record of offensive statements, even denigrating the Holocaust by falsely attributing it to Jewish cooperation with Hitler -- "They helped him get the Third Reich on the road." His history is a rancid stew of lies.
Posted by CPelzar at 07:34 PM : Oct 03, 2008
I LIVE in Chicago, I drive through that community twice or more a week. I know and have worked with the citizens of that Community and have found them to be as hard working and committed to being a good citizen as ANY I''ve ever seen. So in short YOU are a PATHOLOGICAL LIAR!! Just thought everyone should know that.
They no longer practice any sense of ethics, objectivity, or fairness that has been the bedrock of America%u2019s core values. They are nothing more than Advocates.
Shaving points in sports is wrong, lying under oath is wrong, selling the poor houses they can%u2019t afford is wrong, biased slanted reporting and polling is wrong!
Americans are ill served if they cannot rely on impartial fair representation of both sides of all issues in plain, unemotional, and unedited fashion, however boring it may be.
Without this, the better team doesn''t win, instead they are appointed.
Good ole fashioned honesty is taking a real hit this election
Yellow Journalism is alive and well here.
- 1
- 2
- 3
- 4
...
- 11
- next
See all 507 Comments