Obama's economic policy

[kaydee457 13]

White House hopeful Barack Obama's economic platform set off a three-way fight Wednesday as aides to Republican John McCain and Democrat Hillary Clinton accused Obama of stealing Clinton's ideas.

Obama fired back that McCain lacks economic know-how.

"Obama's plan today is the most shameless piece of potential plagiarism that I have ever seen," McCain economic advisor Kevin Hassett said. The Clinton campaign helpfully e-mailed his comments to reporters.

"He basically took Clinton's words and Clinton's policies and called them his own," Hassett said. "If I were a professor I'd give him an F and try to get him kicked out of school for something this terrible ... I remember Mrs. Clinton saying shared prosperity and I remember the bill that she introduced in August for infrastructure. The fact is these are things Obama has taken as his own without crediting the source of the ideas which was Mrs. Clinton."

Clinton herself said, "A plan that fails to provide universal health care, fails to address the housing crisis, and fails to immediately start creating good paying jobs in America again will not turn the economy around and provide the real relief that our people need. We need real results not more rhetoric."

The New York senator's campaign said she proposed a national infrastructure bank in August and that Obama's energy plan is a rehash of hers. The Obama campaign responded that his bank proposal is better than hers and that he introduced his energy plan before hers.

"John McCain started attacking me on economic policy, which I thought was flattering. It makes clear that he knows who his opponent is going to be, and I am looking forward to a great debate on the issues with John McCain," Obama told a crowd at the Waukeshaw County fairgrounds in Wisconsin.

"I have to say though that I was surprised that he took me on on economics because he has admitted ... economics is not his strong suit," Obama said. "I mean he said 'I don't understand economics very well' and after what he said it shows because his main economic philosophy is to continue the same tax breaks that George Bush has been perpetuating over the last seven years. If John McCain wants to debate the specifics of how well the economy has worked for ordinary families over the last seven years that is a debate that I am happy to have."

source

Edited February 14, 2008 by kaydee457

[no name 1]

Bring it. The gloves are off now & his talk needs to have (real) action behind it. She will call him on it, I've no doubt. She already called him on his healthcare plan BS.

[mawilson 2,133]

#######. Obama's and Clinton's ideas are worlds apart.

[no name 1]

Hillary: And I'm proud to co-sponsor Senator Dodd and Senator Hagel's National Infrastructure Bank Act that we just introduced to establish a federally-backed independent bank that will evaluate and finance large infrastructure projects by subsidies, loan guarantees, and bonds backed by the full faith and credit of the United States. [Rebuilding America speech, 8/8/07; S. 1926, 8/1/07]

then:

USA Today: Obama to call for $60B 'Infrastructure Reinvestment Bank' [uSA Today, 2/13/08]

[AnewKINDofFEELIN 0]

Hillary: And I'm proud to co-sponsor Senator Dodd and Senator Hagel's National Infrastructure Bank Act that we just introduced to establish a federally-backed independent bank that will evaluate and finance large infrastructure projects by subsidies, loan guarantees, and bonds backed by the full faith and credit of the United States. [Rebuilding America speech, 8/8/07; S. 1926, 8/1/07]

then:

USA Today: Obama to call for $60B 'Infrastructure Reinvestment Bank' [uSA Today, 2/13/08]

From my dealings with legislation, her "co-sponsoring" their bill means that she had absolutely nothing to do with the bill itself. She just liked the idea and decided to attach her name to it.

[no name 1]

Hillary: And I'm proud to co-sponsor Senator Dodd and Senator Hagel's National Infrastructure Bank Act that we just introduced to establish a federally-backed independent bank that will evaluate and finance large infrastructure projects by subsidies, loan guarantees, and bonds backed by the full faith and credit of the United States. [Rebuilding America speech, 8/8/07; S. 1926, 8/1/07]

then:

USA Today: Obama to call for $60B 'Infrastructure Reinvestment Bank' [uSA Today, 2/13/08]

From my dealings with legislation, her "co-sponsoring" their bill means that she had absolutely nothing to do with the bill itself. She just liked the idea and decided to attach her name to it.

Better than stealing it for your own 6 months later....

[Dan J 277]

No ideas in economics are really original. They have been around for a long time. If x happens you do a, if y happens you do b. What matters more is if the president is actually going to be able to get his or her plan through.

[Ban Hammer 14,636]

dem mud wrestling matches. i love it

[AnewKINDofFEELIN 0]

Hillary: And I'm proud to co-sponsor Senator Dodd and Senator Hagel's National Infrastructure Bank Act that we just introduced to establish a federally-backed independent bank that will evaluate and finance large infrastructure projects by subsidies, loan guarantees, and bonds backed by the full faith and credit of the United States. [Rebuilding America speech, 8/8/07; S. 1926, 8/1/07]

then:

USA Today: Obama to call for $60B 'Infrastructure Reinvestment Bank' [uSA Today, 2/13/08]

From my dealings with legislation, her "co-sponsoring" their bill means that she had absolutely nothing to do with the bill itself. She just liked the idea and decided to attach her name to it.

Better than stealing it for your own 6 months later....

Not really. Like Dan said, it wasn't an original idea in the first place. They just attached new catchwords to it and are selling it as original. Plus, the President is not going to be able to just pass a new economic plan. They will off their ideas and congress may or may not propose something similar. This kind of thing is just fluff.

[w¡n9Nµ7 §£@¥€r 123]

If you want to write laws, stay in the Senate.

The President is an executive branch job. You need vision and the ability to inspire and lead.

[no name 1]

If you want to write laws, stay in the Senate.

The President is an executive branch job. You need vision and the ability to inspire and lead.

And Obama has abandoned his home state...what does that say about his vision for America?

[w¡n9Nµ7 §£@¥€r 123]

If you want to write laws, stay in the Senate.

The President is an executive branch job. You need vision and the ability to inspire and lead.

And Obama has abandoned his home state...what does that say about his vision for America?

haha you spin worse than bill o'reilly

[AnewKINDofFEELIN 0]

If you want to write laws, stay in the Senate.

The President is an executive branch job. You need vision and the ability to inspire and lead.

And Obama has abandoned his home state...what does that say about his vision for America?

haha you spin worse than bill o'reilly

But it's the No Spin Zone. hahahaha. O'Reilly's a douche.

[w¡n9Nµ7 §£@¥€r 123]

If you want to write laws, stay in the Senate.

The President is an executive branch job. You need vision and the ability to inspire and lead.

And Obama has abandoned his home state...what does that say about his vision for America?

haha you spin worse than bill o'reilly

But it's the No Spin Zone. hahahaha. O'Reilly's a douche.

Indeed. That's one thing all three of us can agree on

[kaydee457 13]

If you want to write laws, stay in the Senate.

The President is an executive branch job. You need vision and the ability to inspire and lead.

And Obama has abandoned his home state...what does that say about his vision for America?

haha you spin worse than bill o'reilly

Personally, I find that those that make these kinds of comments about BO, er, I mean Bill O'reilly never really watch his show!