by Faiz Shakir, Amanda Terkel, Satyam Khanna, Matt Corley, Benjamin Armbruster, Ali Frick, and Ryan Powers
Debate Wrap-Up
Yesterday, after the Dow
Jones suffered the worst one-day
point drop since 1987
-- falling 733 points or nearly 8 percent -- Sens. Barack Obama (D-IL)
and John McCain (R-AZ) met for their third and final presidential
debate. The same day, Commerce Department figures showed that consumer
purchases "fell 1.2 percent in September, extending
the decline to three straight months,
the first time that's happened since comparable records began in 1992."
Searching for a "game-changer" this week, McCain announced new economic
policies that he touted
as being aimed toward the middle class but in fact largely
focus their benefits on the wealthy.
Once
again, McCain failed to mention
the "middle
class" a single time during the
entire 90-minute debate, though he did reference Joe the Plumber 20
times.
'I
AM NOT PRESIDENT BUSH': Halfway
through the debate, McCain declared, "I am not President
Bush. ... I'm going to give a new direction to this economy in
this country." His campaign was "delighted"
by the statement -- but it's less clear whether Americans will buy it. An
LA Times poll released Tuesday found that a majority
of Americans believe McCain
would continue Bush's policies, a finding consistent with numerous
other
surveys.
And with good reason: McCain has voted with Bush over 90 percent of the
time, scoring a clean 100
percent Bush voting record
in 2008. McCain himself declared in 2005, "The fact is that I have
agreed with President Bush far more than I have disagreed. And on the
transcendent issues, the most important issues of our day, I've
been totally in agreement and support of President Bush."
On everything from tax
breaks for the wealthy to a bellicose
foreign policy to torture
to executive
power, it's clear McCain
represents a third
Bush term.
'HEALTH
OF THE MOTHER': One
of the most striking moments of the debate occurred during the
discussion of abortion. McCain's party adopted an extreme
position on abortion in its platform this year, refusing
to allow for
exceptions to an abortion ban even
in cases of rape, incest,
or to save the life of the mother. During the debate, McCain belittled
procedure bans that grant exemptions for the "health of the
mother," mocking the phrase by framing
it with air quotation marks.
"'Health of the mother.' You know, that's been stretched by the
pro-abortion movement in America to mean almost anything," McCain said.
"Tonight, John McCain showed he doesn't
care about women's health
when he described protecting 'the health of the woman' as 'extreme,'"
said Cecile Richards, the president of the Planned Parenthood Action
Fund. "He blatantly showed that he doesn't trust women to decide what
is in the best interest of their own health."
SPENDING
FREEZE: Yesterday,
McCain promised an "across-the-board
spending freeze." However, in
the past weeks his campaign has made exceptions for defense,
veterans programs, entitlement programs, worker
retraining, and "a
special carve-out for spending on science."
The exception-riddled spending freeze proposal is reminiscent of
McCain's dramatic promise to abolish earmark projects. When it was
pointed out that aid
to Israel and funding for military housing
were included in his tally as earmarks, McCain assured
he would spare those programs.
In the end, McCain could
not identify a single earmark
he would cut. A spending freeze would entail large per capita
cuts in
everything from education to the FBI and federal prisons to national
parks, highway and bridge repair, food stamps, to name a few. Along
with having a
deleterious impact on people who rely on these programs, the cuts would
cause economic growth to contract at a time when the
country is in need of a second stimulus to forestall the risk of a deep
recession.
SUPREME
COURT: This was the
only debate in which the candidates spoke at length about the Supeme
Court, an important topic considering the next president is likely
to appoint at least two new justices.
McCain vowed not to impose "a litmus test" to determine his
nominees, but also emphasized he would name those "who have a history
of strict
adherence to the Constitution"
and who would not be "legislating from the bench." These are code
phrases for the conservative wing of his party. As CNN's legal analyst
Jeffrey
Toobin noted, McCain "is getting his advice on the Court from the
most extreme elements of the conservative movement."
Indeed, the evangelical leader Gary Bauer said in 2005 that despite
McCain's litmus test claims, "McCain, in private, assured
me he would appoint pro-life judges."
Many important principles hang in the balance of just one justice; a
McCain Court with only one or two new appointees could
overturn abortion
rights, ignore privacy
rights, refuse habeas
corpus to terror detainees, end affirmative
action, and ban
gay marriage.
McCain also reaffirmed his opposition to equal pay for equal work,
defending his refusal to join a law making it easier to file suit for
discriminatory pay by calling the law "a trial lawyer's
dream." He
has
justified his opposition to the Ledbetter
Fair Pay Act by claiming women
just need "the
education and job training." In
fact as The American Prospect's Dana Goldstein pointed out, "Women
account for 56 percent of the undergraduate
student population and 59 percent of the graduate school population.
Across all age groups, over half of all the people in the United States
with a bachelor's degree or master's degree are women."
|
|
|
|
"More than 55 million Americans will see a 5.8% boost in their monthly and supplemental Social Security benefits next year, the Social Security Administration announced Thursday."
THINK
PROGRESS: For at least the third
time, officials take down a "No.
2" leader of al Qaeda in Iraq.
WONK
ROOM: Afghan defense minister:
"Major increase" in foreign fighters
to Afghanistan.
YGLESIAS:
Predictions are hard, especially about the future.
WASHINGTON
INDEPENDENT: Racist Fox News
headline claims that former Secretary
of State Colin Powell's "hip-hop dancing" is a hint that he will
endorse Sen. Barack Obama (D-IL).
CALIFORNIA:
California
regulators would impose fees on the
state's worst air polluters "as part of a bold proposal to slash
emissions to 1990 levels."
TEXAS:
Conservatives on the State Board of Education "have appointed three
evolution critics to a six-member committee that will review proposed
curriculum standards for science courses."
NEW YORK: State
Attorney General Andrew Cuomo demands
that AIG recover bonuses from its former executives.
"America has the best health
care system in the world, pure and
simple."
-- President Bush, 5/1/06
VERSUS
-- Bloomberg, 10/16/08
The research team that brings you The Progress Report and ThinkProgress.org needs fall interns! Click here for more information.







