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Obama airs economic message September 17, 2008

Posted by trouble97018 in Economy, News, Obama, Politics.


Posted by Foon Rhee, deputy national political editor September 17, 2008 11:47 AM

Barack Obama plans to begin airing an unusually long TV spot today that tries to put the Wall Street crisis in the context of broader economic concerns — and that tries to convince voters that he has the plan and principles to deal with them.

In the 2-minute message, Obama says the turmoil in the financial sector is only the latest problem — along with 600,000 lost jobs this year, rising healthcare and other costs, stagnant wages, and other issues.

“This isn’t a string of bad luck,” he says into the camera.

Instead, he says, it’s the result of flawed policies and mismanagement in Washington. “That’s why we need change, real change,” Obama declares.

He then lists much of his economic program: $1,000 tax cuts for the middle class, real regulations of financial institutions, controlling the influence of special interest lobbyists.

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