Presidential Promises and Economic Realities
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As both campaigns turn increasingly negative, Obama and McCain will be answering questions tomorrow night from undecided voters. We look at what they're saying about the role of government and what chance either has of making good on his promises. Also, the Dow falls bellow 10,000despite the "economic rescue" package, and the US Supreme Court is back in session, with a lot of work ahead and five members over the age of 70.
Dow Falls below 10,000 ()
One year ago, the Dow Jones Industrial Average was over 14,000. Today, despite final package of the so-called "economic rescue," it dropped below 10,000 for the first time in four years. In Texas, meantime, President Bush met with small business owners—a car dealer, a car repair-shop owner and two restaurateurs. Adrienne Carter is finance editor for BusinessWeek magazine.
- Adrienne Carter: Finance Editor, BusinessWeek magazine
The Candidates and the 'Vision Thing' ()
The stock markets are down again, with the Dow Jones Industrial average falling below 10,000 for the first time in four years. With exactly a month to go before the election, the John McCain and Barack Obama campaigns are close in the polls and increasingly negative. Amid increasing concern about the economy, the two candidates are scheduled to face off again tomorrow night with undecided voters asking the questions. We look for "the vision thing." Do the candidates have any big ideas for the 21st Century? Does either want to leave a stamp like Roosevelt's New Deal, the Reagan Revolution or Clinton's New Democrat centrism? How does each see the role of government? Would the economy allow either one to fulfill his promises?
- Kenneth Baer: Co-Editor, Democracy
- Grover Norquist: President, Americans for Tax Reform
- Katrina vanden Heuvel: Editor in Chief, The Nation, @KatrinaNation
- Robert Samuelson: Contributing Editor, Newsweek and the Washington Post
Opening Day for the Supreme Court ()
As it does regularly on first Monday of October, the US Supreme began another session today. At the moment, this year's docket has a limited number of controversial cases. But with five members over the age of 70, the court itself could be in for change, and that's focusing attention back on the presidential campaign. ABC News legal affairs correspondent Jan Crawford Greenberg is author of Supreme Conflict: The Inside Story of the Struggle for Control of the United States Supreme Court.
- Jan Crawford Greenburg: Legal Affairs Correspondent, ABC News
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