Saturday, October 11, 2008

McCain to Unveil New Economic Policies

Whatever it takes to keep him occupied.
Politico: As part of a plan to reinvigorate his flagging campaign, Sen. John McCain (R-Ariz.) is considering additional economic measures aimed directly at the middle class that are likely to be rolled out this week, campaign officials said.

Among the measures being considered are tax cuts – perhaps temporary – for capital gains and dividends, the officials said.

“The market’s the focus,” a McCain adviser said. “You want to stop the fleeing.”

No more bailout money is being contemplated, the adviser said. “We’ve written a check to everyone in sight,” the adviser said. “We’re not in that game.”

McCain advisers hope that by being specific, he can pose a contrast to Sen. Barack Obama (D-Ill.), who has been benefited from taking a vague but consistent approach to policy during the economic crisis.

Top McCain supporters have been agitating for a more robust economic package. It would give McCain something fresh to talk about on the stump, and dilute the perception that he’s relying mostly on attacks in the final stretch.
....
McCain’s new package would amount to a do-over from the hasty introduction of McCain’s mortgage buy-up program, which was widely criticized by conservatives and was seized on by Obama as a fresh target.

So top McCain advisers want him to throw more out there, hoping it’ll stick.

McCain and his inner circle will consider the possibilities at a meeting Sunday, officials said.