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Biden: McCain Has Had an 'Epiphany'

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September 16, 2008 11:04 AM

ABC News' Matthew Jaffe reports: Democratic vice-presidential nominee Joe Biden Tuesday blamed the nation's current economic problems on the Bush administration and urged voters not to give another Republican like John McCain a chance to fix them.

"Who got us in this hole, whose policies?" Biden said on CBS's 'The Early Show.'   "This has been a Republican philosophy of letting Wall Street do what they want and the middle class be damned. It's about time we change it.  If I sound like I'm angry, I am fighting mad for middle class people who have been the scapegoat of this economy because of the policies of the McCains and the Bushes."

Biden continued to lambast McCain for his comment Monday in Jacksonville that "the fundamentals of our economy are strong" but then later releasing an ad noting that "the economy is in crisis."

"It seems like John's had an epiphany," Biden told CBS's Maggie Rodriguez. "9 o'clock yesterday morning John thought the economy was going great guns and the Bush administration is doing well and today he thinks it's in crisis."

In another Tuesday morning appearance on NBC's 'Today' show, Biden spoke out against a government bailout of embattled insurance giant AIG, instead arguing that the government should look at the source of the problems.

"We should try to correct the problems that caused this," he said. "And what's caused this? The profligate tax cuts to the very, very wealthy that John wants to continue."

When NBC's Meredith Vieira pointed out that "many economists" believe that tax increases for the wealthy would hurt the struggling economy, Biden replied, "I don't know any economists who are saying that."

The Delaware lawmaker said the money from these taxes should be distributed among the middle-class, allowing people to "stay in their homes, to buy food, to take care of the gas, to fill up their tank, to be able to go out and buy a toaster."

Republicans responded by arguing that the the Democratic running mates should worry less about toasters and more about jobs.

"John McCain's economic plan is focused on adding jobs, and the Obama-Biden plan is focused on adding 'toasters' – it's revealing," said Republican National Committee spokesman Alex Conant. "The irony is that Obama's agenda would make it harder for Americans to buy household appliances like toasters."

When asked by NBC's Meredith Vieira why the Democratic ticket's lead in the polls has dwindled, Biden predicted that the Obama-Biden advantage would grow "now that people are starting to focus again," while blaming the recent losses on "scurrilous" Republican ads that are "simply not true".

"It's because they had a great convention," Biden told Vieira. "It's because they misled people and said we're going to raise taxes on middle-class people -- which every econometric model, everyone acknowledges is not true. It's because of the scurrilous ads they've been running against Barack Obama that are just simply not true."

"It's about time we get a life here and look at who's been in charge," he said.

September 16, 2008 | Permalink | User Comments (81)

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deregulation = Phil Gramm.

not trying to spam but jeesh...


the guy who wrote Mccain's economic platform.

the same guy who received 750k last year alone to fight for deregulation in the banking sector.


again how many times can it be said

Same team

same tactics

same outcome

9th year

throw these bums out.

Posted by: dl (the real one) | Sep 16, 2008 11:21:31 AM

I called it.
McCain will roll out plans while Obama-Biden will point fingers.

Posted by: JA | Sep 16, 2008 11:23:12 AM

All we have to do is look at the income the MCBUSHES and the Bushes have when it comes to a normal persons income they have not a clue what it is to be poor or middle class or Mcbush would not have put a $5,000,000 yealy income tag for middle class and he doesn't have dementia???? War, is number 1 in my book why should some shumk die so Bushes oil cronies can have the oil they need oh thats right that was his promise to them to get him elected.

Posted by: Rose szymanski | Sep 16, 2008 11:24:08 AM

Give em hell Joe!

Posted by: Danny Gorgievski | Sep 16, 2008 11:24:35 AM

thanks bush mccain and the republicans for this economic crisis, oh and not only just an economic crisis but an economic crisis in war time

LOL thats when our economy should be booming...

Posted by: Bhrandon | Sep 16, 2008 11:29:50 AM

JA

again

MccainPalin

are offering the exact same thing that Bush has been doing for 8 years.

They are not proposing anything.

and the guy who put their economic "proposal" together (if you can call it anything other than a photocopy with more lobbyist tweaks from the people wh gave us this situation)

that guy just got paid in 2007 ...750,000 dollars to lobby for deregulation in the financial sector.

this is a joke

same team
same tactics
no change no answers

same results..9th year

throw the bums out

Posted by: dl (the real one) | Sep 16, 2008 11:31:02 AM

OBAMA/BIDEN = CHANGE

McCain/Palin = CHUMP CHANGE

Posted by: Ed from MA | Sep 16, 2008 11:31:45 AM

the Mccain Palin "roll out" of their economic plan?

they just turn and point at the White House and say

"see them in there, see what they are doing/have done...that's what our plan is..."

Posted by: dl (the real one) | Sep 16, 2008 11:32:57 AM

Joe Biden is SMART, he's a good guy, and he so very obviously cares about the American people. It is silly and tragic that people are comparing him to Palin in terms of how she has helped the Republican ticket. Biden's service to this country is worth 20 Sarh Palins and people ought to know it.

Posted by: jon in maryland | Sep 16, 2008 11:33:34 AM

The Obama camp is back on their game. About time.

Posted by: Vanessa | Sep 16, 2008 11:34:33 AM

I am waiting for a Gibson/Biden interview to follow the grilling of Sarah Palin. Where are you, Charlie?

Posted by: Betty Mahon | Sep 16, 2008 11:34:46 AM

ok...so what "plan" is john mccain rolling out? Obama has HAD a plan...Is Mccain going to copy obama's plan like he copies everything else he likes?

Also...Phil Gramm DOES = deregulation. The "credit swap" thing he snuck into a "must pass" spending bill 8 years ago is responsible for this latest mess.

Posted by: karronna | Sep 16, 2008 11:35:58 AM

From the man who said Obama wasn't ready to be president. Very funny, Joe.

Posted by: Christie | Sep 16, 2008 11:37:01 AM

Where us banking expert Obama adviser Chris Dodd?

Posted by: geevill | Sep 16, 2008 11:37:30 AM

karrona,

oh really, obama pioneered the surge and mccain followed? lol

obama has NO plans other than generalities that he later takes back. 28% capital gain, then 25% then 20%.

Posted by: JA | Sep 16, 2008 11:39:50 AM

oh oh panic time democrats! ...New Jersey's 15 electoral votes tightening: Barack Obama only leads John McCain by three percentage points, 48%-45%. Comparted to what it was on 7/8/2008, Obama 49% and McCain 36%. WOW, We are speaking New Jersey here a true blue state changing color to RED!!!!

Posted by: Norman | Sep 16, 2008 11:41:38 AM

Consider this.....

The president can only propose a budget. He cannot force the Congress to accept it. The Constitution gives sole responsibility to the House of Representatives for originating and approving appropriations and taxes.

Who is the speaker of the House? She is the leader of the majority party. She and fellow Democrats, not the president, can approve any budget they want. If the president vetoes it, they can pass it over his veto.

The fiscal and economic mess we are in falls squarely on Congress....

Posted by: Carl | Sep 16, 2008 11:42:55 AM

Obama violated the Logan Act by trying to keep troops in Iraq longer!!

Posted by: dl (the real one) | Sep 16, 2008 11:43:36 AM

The economy's still strong, right John? Oh, now it's in crisis, right John?

Spinning like a weathervane.

McCAIN AIN'T GOT IT CAUSE McCAIN DON'T GET IT.

Posted by: Ed from MA | Sep 16, 2008 11:48:01 AM

"It's about time we get a life here and look at who's been in charge," he said."

***************************************

He sounds just like me, I have been saying that for a long time now.

Get them Joe

Posted by: Thinking | Sep 16, 2008 12:00:29 PM

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