Saturday, November 1, 2008

Morning News

by Kevin Flynn -Thursday October 16 2008 08:22:45 AM

From the Boston Globe:

Meeting for a freewheeling 90-minute exchange just hours after another massive plunge in the stock market, with less than three weeks until Election Day, the two candidates clashed over whose tax plans would spur an economic recovery and create jobs, and traded accusations over whether attacks by both campaigns have been justified and relevant at a time of fiscal crisis.

The debate came to be dominated by "Joe the plumber," as the two candidates referred to Joe Wurzelbacher, an Ohioan who wanted to buy a plumbing company and confronted Obama at a weekend event near Toledo to complain that the Democrat's plan would raise his taxes and make it difficult for him to hire workers.

...Obama responded that Joe the plumber had been "watching some ads of Senator McCain's." While agreeing that he and McCain have a major difference on tax policy, Obama said his plan would not raise taxes on those earning less than $250,000. He also said that he has proposed giving business a $3,000-per-job tax credit for new hires.

From CBS News:

Republican candidate John McCain and Democrat Barack Obama slugged it out over the faltering U.S. economy, taxes, energy policy and character in their third and final presidential debate on Wednesday night.

A CBS News instant poll of uncommitted voters who viewed the debate gave the edge to Obama by a margin of 53-22 percent. Twenty-five percent said the debate was a draw. Uncommitted voters also thought Obama won the first and second debates.

Before the debate, 54 percent thought Obama shared their values. That percentage rose to 64 percent after the debate. For McCain, 52 percent thought he shared their values before the debate, and 55 percent thought so afterwards.

...Obama said what the nation hasn't seen yet is a rescue plan for the middle class. He said the top focus should be on jobs.

..."Nobody likes taxes," Obama said in an exchange early in the third and final presidential debate of a campaign nearing its end. "But ultimately we've got to pay for the core investments" necessary for the economy.

...The two men also traded charges that departed from the core issues of the economy, energy and taxes.

"One hundred percent, John, of your ads, 100 percent of them have been negative," Obama told his rival, seated only a few feet away at a round table.

...McCain is currently running all negative ads, according to a study by the University of Wisconsin-Madison. But he has run a number of positive ads during the campaign.

..."If I've occasionally mistaken your policies for George Bush's policies, it's because on the core economic issues that matter to the American people - on tax policy, on energy policy, on spending priorities - you have been a vigorous supporter of President Bush," he said.

From the Boston Herald:

Democratic vice presidential candidate Joe Biden today said investment in infrastructure projects would create 76,000 new jobs for the middle class in economically hard hit Ohio.

Biden said Barack Obama would spend federal money on projects to rebuild the nation’s crumbling roads and bridges, a program that would create 2 million jobs nationwide and would help alleviate the loss of 240,000 jobs in Ohio during the Bush years.

..."Everything we will propose for the economy will be targeted toward the middle class," he said of a Barack Obama administration. "When the middle class is growing, everybody benefits. That is the tide that rises all boats."

He also said McCain was trying to run from his support of President Bush’s policies.

"You can’t call yourself a maverick when all you’ve ever been is a sidekick," Biden said, crediting Pennsylvania Sen. Bob Casey with first using the line.

In Athens, Biden said a second economic stimulus package, which Democrats in Congress have called for, would help Ohioans afford the $3,500 that it will cost to heat the average home this winter.

He compared a tax rebate from the stimulus package to a check that Alaska residents receive each year from the state government, a stipend from the proceeds of the state’s more than $30 billion oil-rich investment account.

"If a $1000 rebate is good enough for them in Alaska, it sure as heck good enough for the people of southern Ohio," he said.

From the Toledo Blade:

The second day of Democratic vice presidential nominee Joe Biden's bus tour rolled into Bush country yesterday...

...Back on message in a speech focusing almost entirely on the economy, the veteran Delaware senator came out swinging at John McCain's proposals.

"John has not offered a single consequential change in the policies of the last eight years," the Delaware senator told a crowd of about 850 people on the grounds of Ohio University's branch campus in Lancaster.

"He is doubling down on the failed economic policies of the last eight years," he said.

"... He still buys into the notion that if you help the very wealthy [and] help the powerful, they'll know what to do, they'll take care of us, this will trickle down."

...He also took on the McCain campaign's claim that a vote for Mr. Obama would translate into a vote for higher taxes.

"No one who's honest can deny that we're the only outfit that's going to cut taxes for 95 percent of the people," he said, noting that Barack Obama proposes raising taxes only for those earning more than $250,000 a year.

...In addition to Democrat-friendly Athens, the Biden bus rolled into Fairfield and Licking counties, both of which supported Mr. Bush with better than 62 percent of the vote four years ago.

..."Here in Ohio we are rejecting the negativity, we are rejecting the mudslinging, and we are rejecting the outlandish statements that do nothing to address our problems but are designed to divide us as a people," Gov. Ted Strickland told a crowd at Mr. Biden's last rally in a gymnasium at Ohio State University's Newark campus.

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