By most media accounts, John McCain will have to hit some kind of home run to turn the tables on Barack Obama in tonight's final presidential debate. Obama has brought together his domestic advisors a day early to prepare. McCain and his handlers face a difficult choice and a difficult task. Does he continue the personal attacks that recent polling says isn't working? Or does he face down Obama squarely on the economy, where it's presumed the Democratic nominee has an edge?
McCain did in fact offer his own economic prescription for the nation's woes on Tuesday. It promptly got foreshadowed by the announcement the government is injecting $250 billion dollars into the coffers of the nation's banks. Expect at least one question about whether the candidates agree with Treasury Secretary Hank Paulson's move in that regard. Most important for both, however, is not to act as though they don't really understand the economic moves Uncle Sam is currently making.
Even though McCain needs a game changer, don't expect too many fireworks at this last encounter. McCain will likely say Obama's economic proposals will raise taxes, and Obama will counter that he's got an online calculator that compares the plans of both candidates for voters to decide for themselves. McCain will say elements of Obama's latest economic proposal are dangerous to the economy, and Obama will respond in kind.
Yet here, in a nutshell, is John McCain's biggest problem. How can he attack Obama as a tax and spend liberal when the administration in power, that of his own party, has spent like drunken sailors on two wars, and now an economic bailout that could cost in the trillions? And he signed off on it, remember? Those earlier words about the economy not being his strong suit now come back to haunt.
Or does he think people forgot?
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Spending like Republicans spend the taxpayer money on bailouts, going backwards with a list (including Savings&Loan)or start at the start like Howard Zinn pointed out,from gov't taking bad debt right after Constitution and in our new gov't. Spending now like Republicans do on wars for oil.
I hope Obama points out that Republican lie of McCain's about the 35% business tax, x number highest in the world lie and that so many businesses have loopholes and that some of the biggest corporations don't pay any taxes. But I doubt he'll say anything that'll be strong about corporations. And I voted for Obama yesterday. Yay.
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