"McCain compared Obama to Herbert Hoover, the Republican who was president when the stock market crashed in 1929 triggering the Depression."
McCain offers tougher criticism of Bush economics: By BETH FOUHY: VIRGINIA BEACH, Va. (AP) - Republican John McCain delivered his toughest criticism so far of President Bush's economic policies as he unveiled a new campaign stump speech that promised an energetic fight to reverse his slide in the polls. The presidential hopeful also was set to unveil new economic proposals of his own Tuesday aimed at helping middle-class taxpayers weather the effects of the U.S. financial meltdown. "Tomorrow, John McCain will address the ongoing financial and economic crisis, with a special emphasis on those most badly hurt: workers, homeowners, savers and seniors," campaign spokesman Tucker Bounds said.
In Virginia, a reliably Republican state turned battleground this time, McCain criticized Bush while pledging to enact new policies that would reverse the effects of the GOP president's two terms in office. "We cannot spend the next four years as we have spent much of the last eight: waiting for our luck to change," McCain said while campaigning with running mate Sarah Palin. "The hour is late; our troubles are getting worse; our enemies watch. We have to act immediately. We have to change direction now."
The Arizona senator insisted he understood the public's concerns about the financial crisis, even as fears about the meltdown have moved voters firmly in Democrat Barack Obama's direction in recent weeks. The repudiation of the Republican incumbent's economic policies came as McCain has struggled to find a message that would reverse his sagging poll results nationally and in some battleground states.... He renewed his pledge to freeze federal spending, renegotiate distressed mortgages to help middle class homeowners, and cut taxes. He also vowed to bring more experienced leadership to the White House, because "the next president won't have time to get used to the office."
McCain compared Obama to Herbert Hoover, the Republican who was president when the stock market crashed in 1929 triggering the Depression...