SLIDESHOW: A nervous Obama
Obama's campaign has released exclusive photos of his family and friends' anxious election-night wait.
Fashion's First Lady
Demure dresses, bright colours, flat shoes and that red and black dress. Take a look at her campaign style.
Search News24
     World : US Elections 2008 Get News24 on your mobile Terms & conditions 
Homepage
World
News
South Africa
Africa
Sport
Entertainment
Sci-Tech
Finance
Health
Galleries
 
SA Politics
Zimbabwe
Aids Focus
More...
 
MyNews24
Columnists
Sports Columnists
Feedback
 
National Lottery
UK Lottery
Travel
Competitions
Horoscopes
TV Guides
Classifieds
Currie Cup game
 
Sudoku
Aces High
Silly Solitaire
Word Cube
Make 24
Golf Solitaire
Battleship
More games
 
Stidy
The Biggish Five
Treknet
 
Newsletters
Weather

Cape Town:
17-24°C

Durban:
19-23°C

Johannesburg:
13-28°C

Weather Page

Traffic
Gauteng KwaZulu-Natal Eastern Cape Western Cape
All regions
Indicators
Rand/$ 10.4500
Rand/£ 15.5900
Rand/€ 13.1300
Gold/oz $799.25
Gold Mining 1604.63
+0.00%
All-share index 18066.38
+0.00%
 
How do you rate?
More than 15 000 people filled in the first-ever broad-based online Health of the Nation survey. Here's what we found out...

 
Afrikaans
English
 

US economy on the agenda
08/07/2008 10:58  - (SA)  

Want to know more?
Answerit can help.
  • G8 tackles shaky world economy
  • Obama: I feel your pain
  • Mushy middle is hard to reach
  •  US Elections Special Report
  •  SPEECH: 'Yes we can'
  •  TIMELINE: Key events in Obama's life
  •  SLIDESHOW: Waiting for results
  • Washington - Democrat Barack Obama sought to link Republican rival John McCain to President George W Bush's economic policies as the two presidential candidates manoeuvred for the upper hand on an issue that is of key concern to voters.

    The economy, and especially its impact on the middle class, has emerged as the focus of the presidential campaign, given skyrocketing fuel prices, high job losses and rising food costs. It is a tough issue for Republicans, with Bush's approval ratings at low levels after two terms in office.

    Both candidates were launching weeklong efforts to highlight their differences.

    Obama said that McCain offers a third term of Bush's policies.

    "John McCain's policies are essentially a repeat, a regurgitation of what we've been hearing from the Republican Party over the last two decades, maybe three," Obama said on Monday in St Louis, where his plane made an unscheduled stop because of mechanical problems that forced him to cancel an appearance in Charlotte, North Carolina. "It's part of the reason that we're in the situation that we find ourselves in right now."

    McCain has been forced into a more defensive crouch because his party has held the White House while jobs, home values, stock prices and consumer confidence have tumbled.

    While calling Obama's plans expensive and unwise on Monday, he tried to distance himself from his fellow Republican Bush where he could.

    "This Congress and this administration have failed to meet their responsibilities to manage the government," McCain said in Denver. "Government has grown by 60% in the last eight years. That is simply inexcusable."

    Images may need some work

    He promised to veto "every single bill with wasteful spending".

    McCain has said the economy is not his strong suit, and on Monday he seemed eager to show a deeper understanding of the topic, even as he dismissed experts.

    "Some economists don't think much of my gas tax holiday," he said of his plan to temporarily suspend the federal levy on motor fuels. "But the American people like it, and so do small business owners."

    Obama calls that plan a gimmick that will not lower gasoline prices.

    The Democratic senator favours tax cuts for middle-class workers and tax increases for top earners. He calls for substantial government subsidies for health care, college, retirement and alternative energies.

    McCain pledges to cut taxes for all and raise them on none. Government should shrink, not grow, he told his audience in Denver.

    As the candidates hammered out their economic platforms, a new Associated Press-Yahoo News poll shows they also may have some work to do on their images.

    When the people polled were asked to blurt out their first words about the candidates, one in five said "change" or "outsider" for Obama and "old" for McCain, according to the poll released on Monday. Those are not only the top responses for each man but the answers that have grown the most since January, when fewer than one in 10 volunteered those descriptions.

    Breaking from tradition

    Lack of experience is the next most frequently offered view of Obama, 46, the Democrat who came to the Senate from Illinois less than four years ago; for McCain, 71, the Republican senator from Arizona and Vietnam prisoner of war, it is his military service.

    Obama is seen as warmer and more empathetic, McCain stronger and tougher. When people are asked whether specific words and phrases apply to each man, the Democrat does 12 percentage points better for caring about "people like you" and is 11 points more likeable. McCain has a 24-point edge as a military leader and is nine points more decisive.

    McCain is seen as more capable on hard-edged problems like Iraq, terrorism and guns, while Obama is preferred on domestic matters like the economy, the environment and education.

    The AP-Yahoo News poll, conducted by Knowledge Networks, has surveyed about 2 000 people since November to gauge how individuals' views are changing during the presidential campaign.

    Perhaps illustrating his "change" image, Obama confirmed on Monday that he will break from tradition to accept the Democratic presidential nomination at a Denver sports stadium that can seat 76 000 people, rather than at the smaller site that is hosting the party's national convention across town.

    That would allow more people to attend the historic event in August, as Obama officially becomes the first black nominee of a major US political party. Most of the convention will take place at the 21 000-seat Pepsi Centre.

    Separately, one official confirmed that Obama's aides were attempting to arrange a speech at a second dramatic venue: Berlin's Brandenburg Gate, part of Obama's July trip to Europe and the Middle East.

    - AP



    What is this?
    Yahoo Digg Del.icio.us Facebook Brought to you by OUTsurance Car Insurance
     
    News24 Headlines on your Facebook profile News24 on mobile  



     

    About us | Advertise | Contact us | Job opportunities | Press Releases | Site map

    Back to top
     Jobs
    Document Process Writer
    Gauteng - Centurion
    IT / Telecomms
    Systems Analyst
    Gauteng - Pretoria
    IT / Telecomms
    Software Developer
    Gauteng
    IT / Telecomms
    1st Line Service Desk Analyst Technician
    Gauteng - Johannesburg
    IT / Telecomms
    DATABASE ADMINISTRATOR
    Gauteng
    IT / Telecomms
     Sponsored links
    Life Insurance
    Car Insurance
    UK Lottery
    First for Women
    Your Homeloan
    Bid or Buy
    Medical Aid
    Education
    Best Car Deals
    Loans & Credit Cards
    Compare Quotes
    Life Insurance for Women
    Audio, TV, GPS & PS3 etc
    Car Servicing & Repair
    Win up to R1000 free!