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McCain blasts Obama – Manu Raju – Politico.com

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Sen. John McCain took his most direct shot at President Barack Obama since the presidential campaign on Friday morning, using a Senate floor speech to criticize the president for mocking the Republican concerns over the massive economic stimulus package.

In a fiery speech Thursday night before House Democrats, Obama rejected the GOP’s characterization that the stimulus package was merely another spending bill.

“What do you think a stimulus is? That’s the whole point. No, seriously, that’s the point,” Obama said at the retreat in Williamsburg, Va.'

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    I do not understand why people are having diffculty understanding. The number of unemployed people (11.6 million) and the unemployment rate (7.6 percent) rose in January. Over the past 12 months, the number of unemployed persons has increased by 4.1 million. The Department of Labor reported today that nonfarm payroll employment fell sharply in January (-598,000) and the unemployment rate rose from 7.2 to 7.6 percent. Payroll employment has declined by 3.6 million since the start of the recession in December 2007, .... most of this mess happening only in past three months! And some wonder Obama is pushing so hard for a stimulus package. Is the Herbert Hoover approach, do nothing, all we need, leading us to a twelve year depression ??
 
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