The Morning After: New Obama TV Ad Hits McCain on Economy, "Middle Class"

Following the debate, U.S. Sen. Barack Obama's campaign was in the production studio late last night and this morning, the team is ready with its first post-debate ad, "Zero."

While last night's debate was billed as a foreign policy forum, all eyes are focused on America's ailing economy and the meltdown of its financial markets. The new Obama ad brings the larger debate back to the economy by criticizing U.S. Sen. John McCain for his failure to mention the "middle class" once during the 90-minute debate. It's a clever ad, aimed at showing that McCain just doesn't get it when it comes to the financial struggles of everyday people.

Incidentally, in the CNN poll Simon mentioned earlier, 58 percent of the respondents thought Obama would handle the economy better, versus 37 percent for McCain. In a CBS post-debate poll, we see similar numbers on the economy: 66 percent surveyed thought Obama would make the right decisions about the economy; 44 thought McCain would do so.

Just as Republicans have traditionally won out on national security issues in polling contests, Democrats have fared better than Republicans when it comes to economic issues. However, in the last few weeks, McCain seemed to have been making some serious inroads into Obama's edge on the economic front.

But then last Monday happened. Wall Street started to go belly up and there was McCain, at a rally, saying our economy is fundamentally strong. The last 10 days have been a complete financial meltown for the nation and a near political meltdown for McCain. He seems to have recovered a bit last night, but only time will tell.

In the meantime, check out the new Obama ad here: 


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On Wednesday, October

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On Wednesday, October 14, 2008, the eyes of the
world were fixed on Hempstead, New York and the third and
final U.S. Presidential Debate
. Sen. Barack
Obama
of Illinois entered the arena with an eight-point lead
according to an average of national polls as compiled by CNN,
and it appeared that he was content to sit on that lead. Sen. John McCain of Arizona took advantage of Obama’s
laurel resting and brought the fight to him regarding the younger candidate’s
policies, judgment and qualities of character. When Obama did
adopt a more critical stance regarding the economic policies
of the past eight years, McCain was quick to point out that he
is “not
President Bush
.” He stated that he would enact an “across
the board spending freeze
,” take a hatchet to some programs and use a
scalpel on the remainder once the dust settled. Obama’s stance
sounded more conservative; he would “go through the federal budget page
by page, line by line
” in order to close programs that aren’t working
as they should. Both candidates claim their economic
plans
will bring needed change to a broken America, but will it leave
consumers with the ability to choose where and when they’ll have access to payday loans? That remains to be seen. Just
because Americans see themselves as living in “the land of the free” doesn’t mean
that interest groups (i.e. banks and credit unions) want them to have the
freedom to choose.

Post Courtesy of Personal Money
Store

Professional Blogging Team

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