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US Presidential candidates offer solutions for economy

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US Presidential candidates offer solutions for economy

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The financial crisis in the US has thrust the economy back to the top of the Presidential campaign agenda. Both White House candidates have sought to convince voters that they have the answer.

In Florida, John McCain promised to start reforming Wall Street within 100 days of being elected: “The fundamentals of our economy are still strong, but these are very, very difficult times and I promise you we will never put America in this position again. We will clean up Wall Street.”

Meanwhile, in Colorado, Democrat Barack Obama promised prompt state intervention in the future: “For eight years, we have had policies that have shredded consumer protection, that have loosened oversight and regulation and encouraged out-sized bonuses to CEO’s while ignoring middle-class Americans. The result is the most serious financial crisis since the Great Depression.”

Latest research suggests 47 percent of voters think Obama can resolve the problem, compared with 42 percent for McCain.