A front-page headline in today's New York Times says, "Parties Differ on Whom Economic Aid Should Help." But the story goes on to say that when a presidential campaign coincides with both a Wall Street crisis and soaring home foreclosures, "traditional ideological battles… become blurred." Barack Obama and Hillary Clinton have unveiled government rescue plans for homeowners at costs of about $30 billion. John McCain says it's "not the duty of government to bail out and reward," but he supports the Federal Reserve's plan to lend banks and investment firms up to $400 billion. Are the parties as different as the rhetoric makes them sound? Why is Wall Street contributing more to Obama and Clinton than McCain?
The Presidential Candidates on the Economy
Edmund Andrews - Chief Washington Economics Correspondent, New York Times, Leo Hindery - Managing Partner, InterMedia Partners, Gene Sperling - Clinton campaign - @genebsperling, John B. Taylor - Hoover Institution, Dan Morain - Columnist at CALmatters - @DanielMorain