October 24th, 2008
04:54 PM ET

What effect will the economy have on the election?



FROM CNN's Jack Cafferty:

U.S. stock markets followed overseas markets as the global equities meltdown continues with another sharp decline. Overnight last night stocks fell almost 10% in Tokyo and more than 8% in Hong Kong. European markets didn't fare much better.

Investors around the world are becoming more and more convinced that a long, deep recession is beginning.

They're probably right.

The U.S. economy has lost jobs for nine straight months with no end in sight– more than 760,000 slashed from payrolls so far this year. Another devastating jobs report is likely on November 7, three days after we elect our next president.

The housing crisis isn't letting up either. More than 81,000 homes were lost to foreclosure in September alone. There are no signs things are about to get better any time soon…regardless of what happens on Election Night.

Here’s my question to you: How much will troubling economic news influence what happens on Election Day?

Interested to know which ones made it on air?

Bob from Morristown, N.J. writes:
The economy is once more demonstrating that the unregulated, unbridled greed of Reagan, Bush and Cheney doesn't work. It doesn't lift all ships; it sinks the critical ones. It doesn't "trickle down,” it drowns those at the middle and bottom. As George HW Bush rightly called it, it's voodoo economics.

James from North Carolina writes:
The last time I looked at my 401(k), it was painful. When I vote on November 4th, I intend to make sure that all Republicans in North Carolina feel my pain.

David writes:
The economy has turned this election upside down. But the real story is the total incompetence of George W. Bush. McCain can huff and puff but he can't blow away his 90% support of Bush, including Bush's economic policies.

Bob writes:
I think our financial challenges will help change the political tide in our country. Our global economy is experiencing unprecedented times and to be blunt perhaps the metrics need to be recalibrated to measure the economy that we are seeing and experiencing. To see my families savings both 401(K)s and retirement accounts dissipate in a matter of weeks, and we are talking about 7, 10, 15 years of savings, the economic hemorrhaging has to stop.

Jim from Desoto, Texas writes:
John McCain's economy and households are fine and dandy at all the houses, wherever they may be. McCain's voting for McCain. The rest of us, not so much. Go Obama!

Rod writes:
Can you say landslide Jack?

Filed under: 2008 Election • US Economy
soundoff (473 Responses)
  1. John in Santa Barbara, CA

    I am angry that people who knew better made very bad loans to people who couldn't afford them. Now everything is about bailing them out of trouble, at no expense to any of them. This calls for throwing the people in charge out of office. Republicans have been in charge and now it's time for a change.

    October 24, 2008 at 1:49 pm |
  2. Jan - Lancaster, PA

    It IS about the economy, jobs, international relations, national security, energy independence, government transparency and accountability, character and integrity of the the candidates. And, not necessarily in that order. Everything is important and there is only one Party who has been consistent through all of the crises that have presented in the last few months – Obama / Biden. They care about everything and ALL Americans, not just getting elected !

    October 24, 2008 at 1:49 pm |
  3. Gino

    A lot of influence, but I believe with all my heart that with or without this economic crisis, Barack Obama is the best choice in this elections

    October 24, 2008 at 1:53 pm |
  4. donna sherman

    Probably influence in Obama's favor. We definitely need some intelligence in the White House. Something we haven't had for a while, and definitely would not get with McCain Palin.

    You don't graduate five from the bottom from the Naval Academy if you have any smarts, and you don't take six years to get a BAchelors Degree in journalism if you are in the upper grade point level.
    Changing Universities nearly always implies needing one that is in a lower academic level.

    Most of all, you CANNOT run a country as vast and complex as the United States if you aren't one of the top minds available. We need Obama's brain because we are in a very big mess, but it takes a bigger brain than has been noted to even know that.

    donna sherman, scott city, mo

    October 24, 2008 at 1:53 pm |
  5. Kyle- DuPont, WA

    Every one has already decided who to blame so I do not think that at this point it is going to sway votes from one side to the other. However, it has motivated the electorate and I will bet my mortgage that this year's turnout will be one for the record book.

    October 24, 2008 at 1:54 pm |
  6. Cal L - California

    The economy is having a great effect on the election right now! It means if we elect Obama and the democrats, we the middle class just might get back some of our civil rights and dignity taken away from us by the super rich, the ashes of the Bushes and just maybe we can be treated like common Americans again. Thus far, all we have gotten from Bush and McCain is class seperation of the people and Corporate greed for the Wall Street gang.

    Irvine, CA

    October 24, 2008 at 1:54 pm |
  7. Remus Glaude US Citizen living in the UK

    The polls seem to go Obama's way the more the Economic crisis worsens. Hopefully those hurt the most by the Economy can afford to show up to vote.

    October 24, 2008 at 1:56 pm |
  8. Richard Kaminski

    That depends on what happens between now and election day. The economy could get worse or better. Oil prices could rise or fall. Death and destruction might happen or a natural disaster as well. Any of those things could play an important part in an election.
    Don't expect visions of grander and some politician that promises to wave a magic wand and wonderful things to suddenly get better after this election. These are the same politicians running for president backed by the same members of congress that helped to cerate all of these problems to begin with.
    Why should anything change after one of them becomes president? All we are doing is promoting one of those that are already incompetent to a higher level of incompetence. Don't that make you feel all warm and fuzzy inside Jack????

    October 24, 2008 at 1:59 pm |
  9. Brett in Oriskany,Va

    I can only hope America votes with their wallets, rather than their prejudices.

    October 24, 2008 at 1:59 pm |
  10. Precious Coker

    55%,as the polls indicate and with some undecided? to be added.

    McCain can continue to conjure talking points out of the plumber's crack it will only fetch him S%$@

    The Economy is number one issue and McCain does not know Jack about this number one issue. Period.

    October 24, 2008 at 1:59 pm |
  11. Conor in Chicago

    I think it will have everything to do with what decides this election-assuming it isn't rigged like the last two. I think McCain's reaction to this series of events has really sealed it for Obama. I know I had always prefered Obama over McCain but was never unwilling to hear McCAin out and would never consider myself a Democrat. But given the things he said and the proposals he made since this whole thing started it scares me to death knowing that he could be the next President and Palin could assume power with his ill health. Seriously, I'm TERRIFIED of that prospect. I'd rather keep Bush then have this ticket win-and if you've heard me talk over the last 8 years you know that my saying that is an indication of how I feel about this.

    October 24, 2008 at 2:01 pm |
  12. Jay-Mississippi

    Is there another issue more important. No economy spells no foreign policy. It starts and ends with an economy.

    October 24, 2008 at 2:01 pm |
  13. Sarah

    I think the economy is the main reason that Barack Obama will win. If the economy hadn't 'hit the rocks' then there would still be a lot of questions 'unanswered' in the publics mind about Obama.

    The economic crisis has not only reminded the electorate about McCain's ties with Bush, it also revealed that Obama is much stronger and calmer under pressure. In this way the timing of the market crash can be considered a blessing – it's negated the race issue and the better candidate might actually win.

    October 24, 2008 at 2:01 pm |
  14. chuck

    Come on Jack,ARE YOU RUNNING OUT OF QUESTIONS? the only thing left in people's pockets are holes.Obviously it's the ECONOMY.Bush took the NOTES and I used the coins on BUCKLEYS after screeming at McCain and Palin on TV. It's a hard road to travel and i have alredy voted for a REAL CHANGE--The DEMS.

    October 24, 2008 at 2:01 pm |
  15. Bruce St Paul MN

    Instead of the Bradley effect, we will see the Hoover effect.

    October 24, 2008 at 2:01 pm |
  16. lisadee from Ft. Lauderdale, FL

    Jack....Sept. 15..."I believe the economy is strong" J. McCain.....seems like this election is about JUDGEMENT. Obama/Biden 08

    October 24, 2008 at 2:02 pm |
  17. Mike Ryan

    It is all about the economy because people are suffering. This time no more milking of nine eleven and Iraq!!!!!!
    Snellville, GA

    October 24, 2008 at 2:02 pm |
  18. JD in NH

    The economy IS the election. Most people have never seen things this bad in our country and there is a potential it could get a whole lot worse if the Bush policies are continued. Will someone please ask McCain why he thinks tax breaks for corporations will create more jobs in this country? What will stop corporations from maximizing their profits by continuing to exploit cheap labor in countries with universal healthcare? Obama's got the right idea: tax incentives for companies that create American jobs.

    October 24, 2008 at 2:02 pm |
  19. Tom, The Heart of Democracy, Avon, Maine

    Everyone will vote Obama/Biden except for the folks at Neiman-Marcus.

    October 24, 2008 at 2:02 pm |
  20. Raymond Duke/Gatesville,Tx.

    It is having a major effect in the liberal states especially since their state goverments are going broke and their jobs are going down south or overseas. You can thank their liberal social programs (Democrats) and the unions. Here in Texas if you want a job all you got to do is look foir one they are easy to find. Matter fact our lives have improved since Bush said okay to drilling and put OPEC on their hills. The low gas prices have made a major impact and we are not going broke in our state due to the fact we usually elect republicans and have a right to work law and have very few unions which people down here have very little sympathy for. We expect a person to work.

    October 24, 2008 at 2:03 pm |
  21. Amber - Austin, TX

    Except in 2004 when the Bush fear factor reigned, the economy ALWAYS influences the election.

    People vote their pocket books every time.

    It also means Obama will win by a landslide. THe more the Dow goes down, the more Obama's numbers go up.

    Obama/Biden 2008/2012

    October 24, 2008 at 2:04 pm |
  22. Aaron in Chicago

    I think the economy has given Obama a huge boost in the polls. If the economy wasn't one of the main issues in the election, John McCain would have a large lead because the main issuse would be the war in Iraq and McCain is known for his foreign policy. People feel that Bush and the Republicans got the economy in the state it is today over the past eight years, so voters are looking for economic change, and voters feel that Obama is the man for the job.

    October 24, 2008 at 2:04 pm |
  23. karen-phoenix

    Obama has Warren Buffet as his top Finnance adivsor and Obama has a magnum cum laudi degree from Columbia in Foreign Affairs and FINNANCE!!!! This republican is going with the smart one!!!
    God Bless Obama/BIden and the survival of the American middle class!!

    October 24, 2008 at 2:04 pm |
  24. Leroy from Houston

    The economy is the #1 issue on voters minds so it will have a great influence. Obama is a shoo-in!! Just a question as to how soon dear old Wolf will call it on Nov. 4th!!

    October 24, 2008 at 2:05 pm |
  25. Rosa Lake City. SC

    The economy is the no. 1 reason that Obama is posed to be our next president. Mccain has proven he is nothing but smoke screen and mirrors when it comes to finding answers.

    October 24, 2008 at 2:06 pm |
  26. Beartrack Truckee,CA

    It appears that it will have a major impact but, there is much more going on that needs to be looked at. It's our culture that is dragging this nation down. Greed, excessive consumption of junk materialism, lack of character and integrity, bigotry, etc. The soul of this country has been stolen.

    October 24, 2008 at 2:06 pm |
  27. garrick

    this will make the GOP made just look at all the GOP seragents that give interveiws,look how mad they are,look at how unhappy they appear.they need to just think how they will feel on Nov 5 when McCain will have to go back to the Senate and face his new Boss sitting in the White House and all the Senaters that he will have to kiss but to make up for his negative campaign.

    October 24, 2008 at 2:07 pm |
  28. Joe in VA

    It means everything absent another terrorist attack before Nov 4. People vote thiei pocket books first, other concerns second. It comes down to the man we feel will do the better job.

    Chatham, VA

    October 24, 2008 at 2:07 pm |
  29. Roy Munroe

    It should affect the election quite a bit given the last eight years of Republican rule and ruin. If the people of this country remain blind to the candidates and elect another Republican we will once again be mired in manure up to our elbows and can only hope our arms are not raised.

    Olympia, Wa

    October 24, 2008 at 2:08 pm |
  30. eddie in NC

    It should dictate how we all vote along with other things that's important to us. One of the things I dont understand is,why is there such an uprore about ( spreading the wealth) I would like to see all americans earn more so they could spend more and lift the economy to keep all the money in the hands of a few would only make us the newest third world country.

    October 24, 2008 at 2:09 pm |
  31. roger dowdle lockhart, tx

    The economy is obviously sinking McCains campaign, and rightly so. All he wants to do is to give tax breaks to the rich and corporations so they can "create new jobs". Trouble is, all those new jobs go overseas! It isn't the tax on business that causes those job losses so much as the difference in wages and safety standards.

    October 24, 2008 at 2:10 pm |
  32. Judy, Exeter, Calif,

    The economy trumps all, now more than ever. This is not your average recession, the greedy corporations so lovingly stroked by Bush, and now by McCain are at fault for this. I sincerely believe Obama has a better handle on the economy, and intends to surround himself with the best and the brightest. He will be elected because the economy is his strong suit. Obama is the one who can begin to pull us out of this mess.

    October 24, 2008 at 2:10 pm |
  33. Bev, Los Angeles

    Some effect. But most of us know that Palin is scary and McCain is old and Obama is a steady, smart, compassionate pro-main street candidate and that should win over the vast majority of folks. Colin Powell said it best. Transformational and that's what we need!

    October 24, 2008 at 2:11 pm |
  34. Ryan in Crown Point, Indiana

    The economy is going to be the overwhelming issue weighing on people's minds as they cast their ballots and that's why most people will leave the Bush-McCain philosophies back in the 1980's where they belong.

    October 24, 2008 at 2:11 pm |
  35. Ray in Nashville

    The economy turns this whole election away from the Republican strongpoint of foreign affairs and the war on terrorism. Since the Republicans have had the White House for 20 of the last 28 years, the economic troubles can be laid firmly at their feet and the Democrats have the edge. I would venture to say that if Senator McCain was a run of the mill Republican, the race would be all but over now.

    October 24, 2008 at 2:11 pm |
  36. Willow, Iowa

    In my life, I have never seen such division between Conservative and Liberal, rich and poor, etc. This has been the most divisive campaigning that I can recall. (and that's saying something, since the last two were horrid). The Conservatives are becoming more radical, the Liberals are pulling in their direction, and party affiliations are almost fighting words anymore. People voting like/love their candidate of choice, but they absolutely hate the opposition. With the economy in the situation its in, its becoming even more divisive. People are afraid to put a sticker on their car. Thankfully it is helping my candidate to do well, but the economy needs to get fixed, because people are "fighting mad".

    October 24, 2008 at 2:11 pm |
  37. douglas in minnesota

    Jack - it should be rather obvious: the economy IS the election. The current state of the economy has the GOP logo stamped all over it; and the electorate seems determined to eradicate every last hint of Republican influence on our market system. We didn't do too badly under the last Democratic Administration, so I don't see why there should be any hesitation about voting them back into power.

    October 24, 2008 at 2:13 pm |
  38. Jenna Wade

    How much will troubling economic news influence what happens on Election Day?

    Let's face it, this poor economy is costing John Sydney McCain III and other Republicans their elections.

    I'm surprised that the Obama camp isn't recycling the phrase "It's the economy stupid!"

    Once again the Democrats are going to be cleaning up another Bush's mess!

    Maybe this time around the Republicans that are left will put Americans first before their party.

    Roseville CA

    October 24, 2008 at 2:14 pm |
  39. mitchell ,arkansaw

    it will give barack obama and the democrats a necessary mandate to change this nation from a warmongering,corporate/lobbyist-driven disaster, to an america we can all be proud of. down with the GOP!

    October 24, 2008 at 2:14 pm |
  40. James in TN

    As 750,000 job have been lost since January you can't help but make the economy a big part of your vote. Take it from a guy that has struggled since to 2006 to find a job. Give a person a job and you give them more than just a place to go for a eight hours a day.

    October 24, 2008 at 2:15 pm |
  41. Richard Sternagel

    If the economy continues to tailspin, then it bodes well for the Democrats and Sen.Barack Obama! 8 years of Bush has Depressed the entire country!

    October 24, 2008 at 2:15 pm |
  42. Mark - Asheville, NC

    The wrong way, I fear. My impression from reading the typical comments here over the past months is that many expect that the economy will magically reverse itself and soar to new heights once Obama is elected. Even back in 1933 when FDR came in, it took YEARS for the economy to get out of the Great Depression, and there will always be a debate as to how much WWII helped accomplish this. Bill Clinton is given credit for fixing the economy in 1993, but it was already getting better before he took office, mainly due to the Fed's countercyclical market activities.

    The truth is that a President can, like FDR, be a cheerleader for the economy, IFF he is listened to, and knows what he is talking about. As I have said many times, I do not think that either nominee this time knows much about economics, and to vote for one of them in hopes that he will fix it, is banking on a 'pipe dream'. Further, I can tell you categorically that raising taxes (or even talking about it) during a recession is just about the worst thing one can do, and only one nominee is talking about that.

    October 24, 2008 at 2:15 pm |
  43. Greg in Cabot AR

    “It’s Still the economy, Stupid” said the voters to the politicians, we ain’t falling for the same old rhetoric and send the same worthless bums back to Washington.

    As screwed up as this economy is now, EVERYONE that is elected this year has been put on notice: Our message to Washington, class of 2008, is: …Results or Replacement…

    October 24, 2008 at 2:17 pm |
  44. Mickie in Philadelphia, PA

    An immense impact. Let's face it, the only reason John McCain is backpeddling from his statement that the economy is strong is because he doesn't know anything about the economy. If I had 5 trust funds from a rich spouse, I wouldn't care about all the jobs going overseas, the majority of middle class losing their homes, the unemployed running out of benefits and therefore not even showing up on the unemployed numbers. McCain wants to keep cutting taxes for the large corporations "to stimulate jobs". Well, I have news for him, it hasn't worked in the past and it won't work in the future. Next plan? McCain has lost his credibility and is now pandering to all the Rove republicans.

    October 24, 2008 at 2:18 pm |
  45. Malka D. Oceanside CA

    maybe someone will decide to restore a value to our monopoly money based on something concrete such as gold instead of stocks

    October 24, 2008 at 2:20 pm |
  46. Bit/Prattville

    Jack, the economy will influence the election a great deal. These eight years has been a diaster for the American people. The economy has failed under the watch of the Bush Administration which will lead voters running to the other side.

    Bit/Prattville Alabama

    October 24, 2008 at 2:20 pm |
  47. Lee in Michigan

    The economy is the only real issue. With a weak economy, the United States is weak in every other area; foreign policy, the environment, healthcare, education, energy, national security, you name it. Finally, the rest of the country is feeling what we here in Michigan have been feeling for most of the last 8 years. The economy has been tanking for a long time and we've certainly known it here. But "W" and his cronies kept smiling and saying the economy was healthy and growing and everyone would nod and say "Yeah, that's right" and go about their business. Well, welcome to our world. We need change and intelligent leadership in the White House. And we need them now. We won't get either with McCain/Palin.

    October 24, 2008 at 2:20 pm |
  48. Diane Glasser

    It will send Obama to the White House and hopefully his agenda will be helpful in getting the economy out of the hole the Republicans and their friend on Wall Street dug us and the world into.

    October 24, 2008 at 2:20 pm |
  49. Billy G in Las Vegas


    IF people are paying attention to which political party's policies CAUSED this economic mess, then it SHOULD mean a Democratic landslide like in 1932.

    hopefully you can add the Republican elephant and Wall Street weasel to the endangered species list.

    October 24, 2008 at 2:21 pm |
  50. Mickie in Philadelphia, PA

    To Mark in Ashville – no I don't believe it will magically reverse itself and soar if Sen. Obama is elected and I don't believe anyone believes that. But you can sure tell by McCain's statements "the economy is strong" and "middle class is someone making under $5 million" that it certainly won't happen under his rule.

    October 24, 2008 at 2:22 pm |
  51. Arlene,

    Just seeing my IRA retirement drown, it will have an
    effect on me for sure.
    So I'll just vote for " that one".

    October 24, 2008 at 2:22 pm |
  52. John

    Jack: Well, I hate to use this expression, but the economy is the "decider" of the 2008 election. It is issue number one on the hearts and minds of this nation, and so goes America, so goes the international economies. The world is linked by markets and credit flow to create jobs, solve problems, and repair the intrastructure of all free market economy's. We need a president who is not tied to the past way of doing things. I believe the next president will face a worsing economy and lose of jobs for America. It will take a New Deal, Better frontier, and insight to clean up 8 years of stupidity.


    October 24, 2008 at 2:22 pm |
  53. Paulette,Dallas,PA

    Big time effect. People are sick and tired of the rich getting richer while they are doing wihout basic essentials: jobs,food,medicine,medical care,higher education. The American people have had enough and want a chance at the American Dream.

    October 24, 2008 at 2:23 pm |
  54. Michael "C" Lorton, Virginia

    Jack: It is probably the most influential factor of the election. Americans are experiencing the virtue of living upon a little–It is a painful thing for Americans to look at their financial troubles and know that someone else has caused it.

    October 24, 2008 at 2:23 pm |
  55. Mike in St. Pete Beach, Florida

    Economy = Election

    October 24, 2008 at 2:25 pm |
  56. D.J.Lauter

    With the country in such bad shape, it will take an INTELLIGENT man to handle it, therefore, people should vote for Obama.
    Hasn't McCain figured out that Joe the plumber will be better off with Obama?
    Ojai, California

    October 24, 2008 at 2:25 pm |
  57. Wyoming Jack, Jackson, WY

    This may very be the end of voter apathy. In past elections millions of citizens who were elegible to vote, didn't. Their reason being that they didn't think their vote mattered. And they didn't see the direct connection between what went on in Washington and their pocket book. Now they do. Everyday the economy is in the headline and everyday it gets tougher for the average person to get by. People are more concerned than ever before because they know that who controls Washington controls their future. This year may very well prove to be the largest voter turnout in history.

    October 24, 2008 at 2:25 pm |
  58. David, Tampa, Fl

    With the economy in an absolute shambles, unemployment rising and execs getting ever larger salaries and bonuses for cutting jobs, I say this is one of the more notable elections so far this century. Like ma Joad's last lines in the movie "Grapes of Wrath" I have faith in the common man, unlike our economic and political leadership, neither of which has anything but their best interests at heart at the expense of the rest of us.

    October 24, 2008 at 2:26 pm |
  59. Maggie Muggins

    Well with John McCain orignally supporting 90% of the Bush policies and championing deregulation it should and likely will have an enormous effect on the election. To go even farther than this as far as I can see McCain's economic policies in this election are not any different than Bush's policies over the past 8 years.

    About all John McCain has been able to say is that rolling back the tax breaks for the wealthy will cost jobs but for some reason McCain hasn't been able to reconcile that jobs are disappearing more and more under his and Bush's policy of reducing taxes on the rich.

    The latter is why most responsible and sensible Republicans are now supporting Obama as they have come to realize the conservative approach to trickle down ecomonics just isn't working.

    October 24, 2008 at 2:27 pm |
  60. D.J.Lauter

    With the country in such bad shape, it will take an INTELLIGENT man to handle it, therefore, people should vote for Obama.
    Hasn't McCain figured out that Joe the plumber will be better off with Obama?
    Ojai, California

    October 24, 2008 at 2:27 pm |
  61. Rosalynd Florida

    The polls indicate voters favor Obama to handle the economic crisis. Two wars and the economic crisis has forced voters to think about their future now that they see dwindling cash, pensions and investments . The republicans like to run on nonsense labels like liberal, tax and spend, and un-american to win elections and people have fallen for that gimmick one time to many but the foolishness is over for 2008.

    October 24, 2008 at 2:28 pm |
  62. Joseph Jacir,Santiago Chile

    Definitely the economy has its biggest impact on this election.McCain has proven that he cannot handle this vital issue for the American people.He was ERRATIC all the way.First he said the fundamentals of the economy are excellent,few hours latter he wanted to fire the head of SEC ,and then he suspended his own campaign to march as the savior of our economy in Washington and finallly proposed to defer the first debate.These are all actions of a desperate sinking man looking for a straw to hold on to .And what about his side kick the winking Palin who does know the difference betwwen Joe the plumber and buying clothes for $ 150,000.Who is she fooling ?

    October 24, 2008 at 2:28 pm |
  63. Russ in PA

    Until the American people wake up, and realize that their elected officials have helped create this "crisis", nothing will change. Both parties are complicit in the problem, and refuse to acknowledge their deceit. Boot them all out, and start putting in libertarians instead.

    Imagine the folly of Paulson: he lobbied eight years ago to raise the leverage limits of investment banks. Now he's the bail-out king? Smart, real smart...

    October 24, 2008 at 2:29 pm |
  64. George

    We don't have to wait until Election Day to get this answer. Just ask anyone that you meet of the street, and they will set you straight. At first it was the war that was grabbing all of the headlines, now we hardly hear anything about it. The reason being is that people are feeling the pinch, and are going to demand that something be done to get us out of this mess, and I don't see how re-electing the same idiots that got us here to do it for us.

    October 24, 2008 at 2:29 pm |
  65. Tom from Virginia

    Jack –

    The risk is that the Democracts will be able to pass legislation to fix the economy, put Americans' back to work, provide leadership to reduce our dependence on oil, provide healthcare to everybody, etc. Sounds ok to me.

    October 24, 2008 at 2:30 pm |
  66. Randy New York


    It's the economy. Osama bin Laden is probably laughing at us now and that infuriates me because after 6 years he’s still at large.

    I'm most scared of loosing my retirement and job. After working so hard for 20 years look where it’s gotten me.

    The GOP has rewarded greed at the top by giving them tax breaks they don't need and then de-regulating the mess so hard working Americans can bail the big shots out.

    Socialism for the rich. Thanks for nothing!

    This election is our only chance to change this disaster.

    Obama/Biden for the working families of America!

    October 24, 2008 at 2:30 pm |
  67. Howard M.- Bolingbrook IL

    The economy will have a big effect, but not the greatest effect. (2) It appears that Obama has just ran a better campaign, than McCain. (3) President Bush's negative legacy and the fear that McCain will continue that approach has also hurt him. (4) Lastly, lets not forget the horrible selection of Sarah Palin as McCain's running mate.

    October 24, 2008 at 2:30 pm |
  68. Hugh Carpenter just a coldwar veteran from California

    The economy is the number one issue. Our nation is faced with staggering debt and financial ruin on wallstreet. Now, even well known republicans are endorsing Barack Obama because they feel confident he will get us out of the mess created during the Bush administration.

    October 24, 2008 at 2:30 pm |
  69. Shirley -AK OHIO

    The economy should be the number one factor in selecting a president right now, just look at what has happened with a Republican President in charge, the Republican Presidential nominee is more of the same. Nothing will change under John McCain it will get worse and the middle will become come poor and the poor will become poorer and at the same time the rich will get richer, how sickening. Obama is our best choice because right now change is what we need, not more of the same. Obama plans is to take a different approach to the situation, an approach that Bill Clinton took when he was President and it worked. I am not sure if it is going to work this time, but I am willing to take a chance because things cannot get any worse.

    October 24, 2008 at 2:31 pm |
  70. Dave, Brooklyn, NY

    With the attention span of a twit, the American voter will forget the entire 8 years of non stop disasters if the price of gas drops by a penny and the stock market goes up by one point that day. That’s all McSame and failin’ Pailin would need to win another 4 years of Bushiness.

    October 24, 2008 at 2:32 pm |
  71. David from California

    Most people make most decisions on the basis of their economic interest. Since our economy is currently on shaky ground, and since the Republicans are seen as primarily to blame, the economy will be outcome determinative in the election.

    October 24, 2008 at 2:33 pm |
  72. Rich in Bagran Air Field Afghanistan

    Why is it that you feel so compelled to talk about Palin’s wardrobe but won’t look into the Clinton’s hitting the Stump for Obama to pay off her campaign debt. Or Obama’s great house deal. Please tell me who you voted for in the last 5 elections so we can see if your slant is more than just reporting the events of the day. You voice sounds of hatred when talking of Palin. I don’t see you going after Biden on all his dumb things he's said. All I was expecting was a fair look at both sides of the fence. You are a true disappointment to me from your past reporting
    Rich T

    October 24, 2008 at 2:33 pm |
  73. Ray, Florisa

    You kidding me Jack!

    Influenced!! It's 3 times over the legal limit!
    This election would get a D.U.I. if it drove right now!

    October 24, 2008 at 2:33 pm |
  74. Rose in Az

    The economy is the most important issue in this election but I am afraid that the candidates are ignoring too many other issue that are important. National security, Social Security to name a few. Sure the economy is a big issue but we must not forget there are other issues that are important to a lot of people in addition to the economy.

    October 24, 2008 at 2:34 pm |
  75. Lauren Phoenix Az.

    The economic hardships that we are facing have greatly affected this election. The American people have been fooled before with diviersionary tactics employed by Bush & Company. Even though we had several serious issues at that time, they weren't so prominent in our minds. We were easily distracted with Swiftboat tactics. As a result we have had to endure more George Bush and paid the price. This time around, it is impossible to ignore the economy because it is hurting our pocketbooks on a DAILY basis and as a result we have been largely ignoring the attacks perpetrated by the McCain campaign. They are unimportant compared to our daily struggle of "how can I pay my bills?". I think the economy has enabled the average American to look past all the stunts and see the reality of each canidate.

    October 24, 2008 at 2:34 pm |
  76. Annie Kraft Naples FL

    The Economy will affect this election in a positive way. It will put corporate america and big business on notice that our votes count. It will hopefully bring some voice to the middle class. Perhaps this new congress will realize that without middle class taxes they will have no money to spend. Jobs must be a priority.

    October 24, 2008 at 2:34 pm |
  77. Dan, Maryland

    It means one thing....a landslide. Barack Obama will win with over 325 electoral votes and a number Republicans in the House and Senate will lose their seats. Hang on to your shorts Jack, there's a tsunami coming and the Democrats are riding the wave while the Republicans are on the beach running and praying for higher ground.

    October 24, 2008 at 2:34 pm |
  78. Doug - Dallas

    The economy has already had it's impact. The negative is that it's in the crapper, the positive is that it showed us just how unprepared McCain is to deal with it.

    October 24, 2008 at 2:35 pm |
  79. Emma, San Jose, CA

    It will result in more Obama votes.

    October 24, 2008 at 2:35 pm |
  80. Diane/Allentown, PA

    The economy is the number one issue.

    We are in this boat because we've had our "C" average President and the people he chose to rely on through his administration.

    Now we're faced with another "fifth from the bottom of his class" McCain, and God knows who he's going to choose. He obviously has no grasp of what is happening or the slightest idea of how to remedy the situation. I'm sure he's wishing now he wasn't such a goof off at the academy and studied a little more.

    Isn't it time we raised the bar on our elected officials? We are paying them and they DO work for us and we deserve better.

    October 24, 2008 at 2:37 pm |
  81. lynnej

    It will have a huge effect. When it comes down to survival, people will look at whom was in power when the catastrophe happened and whom wasn't. If common sense prevails, the people that were in power that started this mess, will be sent completely out the door.

    October 24, 2008 at 2:37 pm |
  82. David,San Bernardino,CA.

    The almost complete meltdown of the world economy is not everything,it's the only thing.

    October 24, 2008 at 2:38 pm |
  83. Sean in California

    Charles Fried, one of McCain's 'advisors', just voted for Obama/Biden...so I'd have to say that, if those who are still tied to McCain's campaign (if you can still call it that) are voting for Obama, that the economic crisis we're in is probably having a significant impact on the election.

    October 24, 2008 at 2:39 pm |
  84. Meg Ulmes

    This year it seems the economy has become the election. I think that the worse the economic news is, the more people will vote Democrat on November 4th. The Bush Administration had a been hand in creating this mess, McCain/Palin doesn't seem to have any suggestions except to blame the Democrats and Obama. Obama is at least laying something out there to think about–maybe not perfect–because this is a tough situation. But at least he's in there saying something with substance. Many voters seem to realize that and plan to vote accordingly.

    Troy, Ohio

    October 24, 2008 at 2:40 pm |
  85. Terry from North Carolina

    It wont make much of a difference who wins the white house, unless this guy has an " S " on his chest and is able to leap tall buildings its going to be awhile before the economy gets better. meanwhile we will continue to print monoply money.

    October 24, 2008 at 2:42 pm |
  86. Debora I from Nauvoo, IL

    Depends on the party doesn't it Jack? If you want the wealth of the American people to be gifted to the wealthiest one percent of the population, then we end up like we are now: a crashing stock market, the theft of our savings, the loss of our homes, medical care costs that nobody can afford... When the wealth is kept by those who actually produce it, our middle and working classes, then everybody benefits, including those wealthy persons who invest wisely.

    October 24, 2008 at 2:42 pm |
  87. Charles From Michigan

    It has everything to do with this election. The GOP has really messed things up. This set back and let wallstreet run wild, and same with the banks, has really screwed this country up. The GOP thinks the fox can gaurd the chickens. Now the GOP is taking the plam as they should for what has happened. McCain the big deregulator needs to step up and take his share of the blame.

    October 24, 2008 at 2:42 pm |
  88. Doreen, Cornelia Georgia

    The influence will be enormous, however; it's what we do after the election that matters. Unadulterated and unchecked greed has been nothing less than a runaway train with no stop in sight. So let the economic situation influence you, be upset and angry, shake your fist and wonder why, why, why? Then use every source available – newspaper editorials, phone calls to your representatives in Washington and your State assembly, and flat out tell them they have gotten away with too much too long. This time, we’ll be paying attention and holding them to every promise, every deal, every delusion of grandeur they set for themselves and won’t be afraid to call the on it when they don’t deliver.

    October 24, 2008 at 2:42 pm |
  89. Thami Tembe from Germany

    Hi Jack, as probably one of the biggest Obama fans in Germany, I have to say that this economic crisis is ironically the best thing that could happen to his campaign. Of course I feel sorry for every person, be it in America or elsewhere, that is suffering because of this crisis. But on the other side, it has opened people's mind more than ever to the things that went wrong in the last 8 years. This crisis may well have overcome people's racial biases towards Obama, because they don't care anymore if the candidate is black or white – they only care about who has the best plan to fix this economy and who gets middle class back on track. The crisis has undermined all the efforts of dirty campaigning by the Republicans because no one wants to hear about, Chicago Citizen of the Year, Bill Ayers or Reverend Wright. Thanks to this crisis, people have become more focused on the issues and they will vote for the guy who has the best approach to those issues. And that guy is without doubt Barack Obama!

    October 24, 2008 at 2:42 pm |
  90. AndyZag Fairfax, VA

    People vote based upon the content of their wallets. It will be the single biggest factor in the destruction of the Republican Party.

    October 24, 2008 at 2:42 pm |
  91. Al Bledsoe in Dallas

    I'd rather talk about riots, protests and generalized civil unrest when whoever gets elected finds they are powerless to create jobs for the mass of disenfranchised workers. This is bigger than you think, Jack! It will get uglier no matter who wins or who loses. Crime is already up! The question your producers should be asking, "how bad will it get after the distraction of the election wanes?" Filter this.

    October 24, 2008 at 2:42 pm |
  92. Ray, Florida

    Are you kidding me Jack!

    Influenced by the economy? If this election got caught driving right now it would get a D.U.I. (driving under the influence).
    It's gotta be at least 3 times over the limit!

    October 24, 2008 at 2:43 pm |
  93. Jeremy

    People will vote in the end on other things instead of voting on the economy. Remember 2000 & 2004.

    Biloxi, MS

    October 24, 2008 at 2:43 pm |
  94. Carol Of Minnesota

    Jack – The current economic conditions will result in the most mind blowing voter turn out ever imagined. We the people will take back this country with ballots, not pitch forks.

    October 24, 2008 at 2:43 pm |
  95. Richard, Syracuse, NY

    the Economy is noticed more. You stand in your Livingroom and look out your window at all the For Sale signs and you can see them much clearer than the Mexican Border or Terrorists in another country. Home issues trump international issues every time.

    October 24, 2008 at 2:43 pm |
  96. Helen from PA

    Economics drive everything. The money spent on campaigns is one symptom of the greater economic problems in our nation, driven by power and greed. I'm for limiting funds for each elected position and watching how the candidates use their funds as a way to determine how they would lead us regarding the economy as well as how they would express themselves on other issues if they are limited by the number of ads and appearances. Yes, I have difficulty holding that position since my pick, Obama, has done so well financially during the campaign.

    October 24, 2008 at 2:44 pm |
  97. independent4ever los angeles, ca

    Jack, So happy that you are back. The economy is driving this election. Obama recognized that from the start and made it an integral part of his platform. People do agree that there are changes that need to be made in Washington, but they recognize, first and foremost, that change cannot come about until something is done about the economy. Fortunately, people's pocketbooks will trump their biases toward a particular candidate.

    October 24, 2008 at 2:45 pm |
  98. Frank from Peterborough

    The economy shouldn't be an issue if John McCain gets elected Jack. If you paid attention to his speeches you would know a great big lop eared Easter Bunny is going to come in and balance the budget in the first year of his term.

    You have to remember McCain's financial gura Phil Gramm has already advised him the U.S. is only in a mental recession and people are just a bunch of whiners.

    Up until the day of the banks failing Bush and McCain were both insisting the fundamentals of the economy were strong.

    October 24, 2008 at 2:45 pm |
  99. Bob from NC

    more bad economic news calls for more change and I believe only Obama/biden ticket represents change in this election so:
    more bad economic news = more people should vote for a change = Obama/biden

    Can we really survive through another 4 years of this mess?

    October 24, 2008 at 2:46 pm |
  100. Mike Morgan in Roswell, GA

    The troubled economy is only one more nail in the coffin for the McCain campaign. As soon as enough voters became comfortable with Obama, the race was over, because his policies are much better than McCain's, not just on the economy, but on taxes, health care, education, etc., i.e., all the issues that mean the most to voters this year.

    The troubled economy will not change the result; it merely increases the margin of victory.

    October 24, 2008 at 2:46 pm |
  101. bob, oshawa, ontario

    Jack, it should propel people to vote for Obama because they will only get four more years of Bush economic policy if they vote for McCain. What part of that reality don't Americans understand?

    October 24, 2008 at 2:49 pm |
  102. Kathy N. from Omaha

    The economy is motivating people to stand up and make their voice heard. The internal fear that we all feel about an uncertain economic future trumps the external fear about the unknowns beyond our control that the Republican machine has imposed the past 8 years.

    October 24, 2008 at 2:49 pm |
  103. mark in phoenix az

    I read somewhere that Obama should be thanking his lucky stars that the economy tanked this year and not next year. As most recessions-even bad ones-don't last 4 years, I think BO's luck will continue to the next election cycle. It's his legacy to lose. Hopefully, he will do the right thing.

    October 24, 2008 at 2:49 pm |
  104. Gordon from Roanoke, Virginia

    The economy will have everything to do with the election. That's why you can stick a fork in McCain. He's done!

    October 24, 2008 at 2:50 pm |
  105. Roy - IL

    The things that affect us the most closely in our own lives become the issues we watch in the election. The economy has thrust itself up from third or forth, to the top of the list of concerns for the average voter regardless of party affiliation. The candidate that seems to offer a greater light at the end of the tunnel from now until November fourth will have more voters who feel an economic pinch following them to that light, whether the light is real or perceived. Those who are already in the light and are unaffected by this crisis usually don't want anyone else to share the light with them.

    October 24, 2008 at 2:50 pm |
  106. Sasha Pruett


    I think the economy is the most prevalent influence on voters this election. Only one candidate has been discussing the bleak economy and offering detailed solutions, and that's Barack Obama. John McCain has shown through his instability that he is not able to handle the roller coaster ride to cleaning up or improving our economic picture. McCain is now touting the middle class and Joe the Plumber, but it's too little, too late. Desperation is not going to fix the national debt–only the steady hand and intelligence from Barack Obama can help us through this crisis.


    Hayward, CA

    October 24, 2008 at 2:51 pm |
  107. odessa ohio

    people are losing their jobs everyday,losing their homes,losing healthcare etc and this election is a must win for the country..people should vote based on their pocketbooks not their self-interests..the last two elections, gore and kerry lost due to people voting on their self-interests not saving jobs or healthcare..all americans should have enough of this now because none of us aren't getting younger and we need to vote about what is really important to us meaning healthcare,jobs,education, environment,energy etc..or else the economy will continue to suffer all the time.

    October 24, 2008 at 2:52 pm |
  108. Dave in MO

    It looks like the bad economic news is helping Obama but here is my question Jack. Are you going to vote for the guy who says you should get a good job work hard to get the best heath care in the world for your family? Or you going to vote for the guy who says you don’t need to work I will give you free money from those who have worked there butts off and by the way here is free heath care. It might not be that good but it is free! The scary thing is I think most people would choose the second guy. Why work hard to get to a point of financial security if you than haft to turn around and give it to some lazy guy sitting on the couch drinking a beer at 1pm? If the economy did turn around in the last two weeks do you think the media would report it? Oh yes and news flash I don’t know if you know this but gas prices are down big time! Have not heard that reported too much in the news! God forbid the media report good economic news! Have a nice weekend Jack!

    October 24, 2008 at 2:52 pm |
  109. Ron, Centennial, Colorado


    The only thing that can trump the pocketbook issue is the fear of a war being conducted on American soil. Let's pray that we will be wise and fortunate enough to avoid that.

    October 24, 2008 at 2:52 pm |
  110. D. Rushing Texas

    I think it has very much to do with the ouctome of the electionGOOD TO SEE YOU BACK ON TOO !!!!!!!!!

    October 24, 2008 at 2:52 pm |
  111. Karen C

    A lot! I've been unemployed for a year and 2 days. I ran out of unemployment benefits 3 weeks ago and won't be able to pay my rent next week.

    And the Republicans voted against extending unemployment benefits. This while they spend $1,628 a day to make up Sarah Palin.

    They're out of touch–and soon to be out of office!

    October 24, 2008 at 2:55 pm |
  112. Tom in Desoto Texas

    John McCain's ecomony and households are fine and dandy at all the houses, wherever they may be. McCain's voting for McCain.

    The rest of us, not so much. Go Obama!

    October 24, 2008 at 2:56 pm |
  113. Pat - Butte Montana

    Jack, you have a voting block that will always, no matter what, vote down party lines. Then you have the rest and the melt down of the economy will have everything to do with who is telected he next President. It is the #1 issue.

    October 24, 2008 at 2:57 pm |
  114. Larry in Florida

    All I need to do is look at the polls. Everything!! We're a country, much like the rest of the world, trying to line up to vote instead of lining up for a bowl of soup. We need leadership and we need it yesterday. I'm putting my vote in November 4th and hope thats the last line I need to stand in until it's time for me to vote again.

    October 24, 2008 at 2:57 pm |
  115. Art Beck

    Obama would have won without the Crash. Through the debates, America got to know Barack as thoughtful, reassuring and cool under fire. McCain looked so angry that his head was about to pop off.

    October 24, 2008 at 3:01 pm |
  116. Richard - Knoxville TN

    Well –
    1) The Wall Street "Bail-Out" crisis instantly made the economy the unavoidable issue and focal point of the election -
    2) During inital stages of the economic crisis, the voters were able to directly compare both candidates (and their running mates) and how they handled themselves in a crisis situation

    John McCain can spout off all he wants about all his forign policy experience, but I, for one, based upon his actions during the economic crisis, sure as hell would not want him at the controls during an or any international chrisis -

    October 24, 2008 at 3:01 pm |
  117. Connie

    Jack, I wish someone would explain to me why McCain wants to give tax cuts to the wealthy to create jobs , as he claims that has happened under the Bush tax cut and we lost 700,000 jobs since the first of the year. The wealthy they say invest , yet the market has tanked. Republicans welfare for the rich, democrats welfare for the middle class . I choose the latter , thank you. VOTE EARLY, VOTE OBAMA/BIDEN
    Connie from "BLUE" Indiana

    October 24, 2008 at 3:01 pm |
  118. andrea from MA

    the GOP will lose on election day because the economic outlook will still be somber . the first 4 or more years of the obama administration will have a small effect on the plight of the economy not because he is not passing bills in congress just that the last 8 years left us an over leveraged, deregulated, inflated economy thanks to george !!!!!!!!!!!! put the uptick law back in place on the stock market !!!!!!!

    October 24, 2008 at 3:01 pm |
  119. Michael in Albuquerque

    The economy's impact has been huge. Many Americans are finally figuring out that Bushenomics, much like Reaganomics and other forms of largely unfettered capitalism lead to disaster. Anyone who has played "Monopoly" can understand this. The money begins to flow in one direction, players are systematically forced out, and the person who has wiped everyone out and sits on a big pile of capital wins. One problem: when that happens, the game is over for everyone. We're geting close to that ending here in the U.S. The difference is that our government will just keep printing more money that will continue to find its way to those same players. That doesn't change the rules of the game though, does it? Eventually, we get the same ending. Thanks to our government's short-sighted policies, corporate dominance, and our collective greed, it won't be long before "Monopoly Money" is actually more valuable than U.S. currency!

    October 24, 2008 at 3:02 pm |
  120. Joseph, Ontario

    A great deal, Jack. In 2000 and 2004 elections people followed their Church and voted for Bush-Cheney. They learnt the lesson hard way! This time, they will follow their 401K Portfolio and vote for Obama-Biden.

    October 24, 2008 at 3:03 pm |
  121. Ryan, Galesburg, IL

    This economy forces those who pay attention to single, emotional issues or who don't pay attention at all to finally see that voting has consequences.

    October 24, 2008 at 3:03 pm |
  122. Chris

    "It's the economy, stupid!!!!!!!!!!!!" Just like in 1992, when there was a recession not unlike what we have now - except this time it's much worse - when the party in power was voted out. The writing is on the wall and it's time for the GOP to face the music.

    Chris from NC

    October 24, 2008 at 3:04 pm |
  123. TWA payson AZ

    The economy is already effecting the election. What baffles me is that I see Mccain doing everything to lose the election and yet, he is only a few points behind Obama. Workers in AZ are not represented well – Education is the lowest of 50 states – Was John Mccain waiting all these years to be president so he could finally help Arizona's issues????? Makes me wonder voting public.

    October 24, 2008 at 3:04 pm |
  124. FernieMac in Rosamond, CA

    Hello Jack: Althought Our nation is bleeding in Iraq and Afghanistan, Our pockets are bleeding as well. The economic malaise we are experiencing has to do with Wall Street, fighting the wrong wars, and failed Bush policies.
    This election is about the economy, and in order to stop the bleeding in our pockets we have to stop the bleeding from the failed wars as well.

    October 24, 2008 at 3:04 pm |
  125. Stephanie - Atlanta

    Have you ever noticed that you cannot be really angry and afraid at the same time?

    Because the American people are really angry, due to the current economic crisis, the usual Republican fear-tactics are not working in this election. Without fear-mongering to direct how the population votes, John McCain has no hope of winning.

    October 24, 2008 at 3:06 pm |
  126. Kelly, Pa

    The economy will lead many of those folks who voted for Bush twice to finally wake up out of their slumber and vote for a democrat because Swwift-boating doesn't have the desired impact when regular people are losing money by the day. Perhaps this economic meltdown has somehow shaken some good common sense in Americans so people abroad won't their we're all totally loopy.

    October 24, 2008 at 3:07 pm |
  127. Paul from New York, NY

    The economy has been the number one issue for the last 4 months so it is already playing a role in the election day decision, but short of Obama coming out publicly stating he doesn't know the meaning of the word "Economy", I think he steamroles McCain based on this issue alone.

    October 24, 2008 at 3:08 pm |
  128. Gigi in Alabama

    It should have everything to do with the economy. Even Bush's ill-concieved war has everything to do with the economy. The money that has been spent on it could finance every (so called) entitlement in government.
    Our and the world's economy is in the tank and it can be mostly attributed to George Bush. Please don't blame the last two years on the Democrats because without 60 votes in the Senate they could not overturn his many vetoes. Funny but I can't remember one veto during the Republican Congress.

    October 24, 2008 at 3:10 pm |
  129. Barbara - 65 yr old white female in NC

    It should effect it a lot. We can't stand another 8 years of welfare for the wealthy.

    October 24, 2008 at 3:13 pm |
  130. Janis, Lafayette, IN

    If our economy was good at this point, we would be deciding this election on the wars in Iraq and Afghanistan as well as environmental and energy issues. But, because we have this economic crisis, we will vote according to our pocketbooks. The other issues, which are just as important, will become secondary.

    October 24, 2008 at 3:16 pm |
  131. JR in Norfolk VA

    It all depends on how you and your leftist media buddies spin it for the American people. So far – good job! You've managed to divert attention away from the true perpetrators of the Fannie Mae/Freddie Mac implosion – namely Democrats like Chris Dodd and Barney Frank and, apparently, the mentally retarded Alan Greenspan. Somehow, the refrain "it's all Bush's fault" continues to resonate, however unfairly in this case. So – nice work as propogandists for Socialism!

    October 24, 2008 at 3:17 pm |
  132. Sandra Hamlin

    Sandy from Albuquerque, NM

    The state of the economy absolutely affects the way I will vote. I find it incredulous that the persons running on the republican ticket don't understand one of the basic fundamentals of our tax system. We pay taxes to the government, and then the government takes those taxes and spreads it around in the form of roads, schools, etc. And if McCain and Palin do understand that, then I am really insulted that they continue to blah, blah, blah about it. how dumb do they think we are?

    October 24, 2008 at 3:18 pm |
  133. Nate in Virgnia Beach, VA

    Jack the American people voices will be heard loud and clear at polls, when we unite to rise above separatism and strike a mighty blow against an administration who has let all Americans down.

    Our economic situation is an embarassment that have destroyed countless families and businesses across America, people are suffering financially due to job loss, over priced healthcare insurance and home losses. There is no way we can stand eight more years of the same.

    Vote for Change now America!

    October 24, 2008 at 3:18 pm |
  134. vern-anaheim,ca

    jack,plenty,the republicans are responsible for the mess we're in and you can go back to the election of 1932,it meant everything then and does now except for those who haven't been affected by this recession and those who would never vote for any democrat no matter who they were.the curren recession is the republicans fault and that's why i am voting for obama&biden in 08!

    October 24, 2008 at 3:18 pm |
  135. Michael from Greenfield, Wi.

    It is the over riding influence for the election of Obama, and people are finally starting to understand that Iraq is very much a part of our economy or the lack thereof. McCain is wrong on everything, and many are just now starting to figure it out. Just look at McCain's election night party, and then compare it to Obama's. Enough said.

    October 24, 2008 at 3:19 pm |
  136. Nuwan

    Aren't we already seeing the effect ? Long lines in the polling booths for early voting is a nindication that more and more people want to use this democratic process to determine who govern this country. Why would they care more than ever this election ? They are being hurt by this economy.

    – Nuwan from Houston, TX

    October 24, 2008 at 3:19 pm |
  137. Terry Armistead


    I HOPE that people out there will realize that we had a President that, in his lifetime never had to worry about money. Most of us live with the fear of money running out. It is important because I wonder if either Bush or McCain felt awful trying to choose between paying the light bill over a child's school tuition or know how much a gallon of milk or gas costs right now. Can we afford another Mega rich –worth 100 million or more–out of touch President? I really don't think so.

    Nice to have you back Jack, The show's not the same without you.

    October 24, 2008 at 3:20 pm |
  138. twebb

    I think that Obama would have been leading in the polls now even if there hadn't been the economic crisis. That bump in the polls for McCain was just a reaction following the convention and his VP pick.
    People would have figured it out anyway that he and Palin are not what the country need. However, the crisis just bumped them back into reality a little sooner...
    Obama/Biden 08

    October 24, 2008 at 3:21 pm |
  139. Erin

    I think it makes people realize that with things so bad out there that we have got to try a different approach than what has been tried these last eight years. I don't think Obama is perfect but he's the only one with a (slightly) new message.

    Erin – Healdsburg, CA

    October 24, 2008 at 3:21 pm |
  140. Bill, Quarryville, Pa

    It's the economy stupid as one man so famously said. Senior citizens are scared of losing their retirement and the American worker is scared of losing his or her job. Record breaking numbers of people are losing their houses. It's the worst time in our economy's history since the great depression. That is what this election is about, people are scared to death of losing everything that they have worked for accept for the small percentage of people who have more money than brains like the CEOs who parachuted out of this mess with golden parachutes. There are many other things that are on the American voters mind like fighting two wars, Health Care, and Social Security. But the economy is what they will be voting on when they cast their vote.

    October 24, 2008 at 3:22 pm |
  141. Cliff, Front Royal,VA

    The economic crisis and the anti-Bush sentiment promoted by a Four year Democratic campaign effort bolstered by Liberal Media support, unless a major revelation occurs, is too much for McCain to overcome.

    October 24, 2008 at 3:23 pm |
  142. Doc of Marion Ohio

    Stright talk, well forget about Wall Street or Main street, what about My Street....
    Unless you make 250K, the real middle class is not spending a Dime until "After the Election Is Over"....
    Afterwards, I'm trading in my car for a mule pack, candles and a case of spam.... Doc of Ohio
    P.S. Already dug my own water well.

    October 24, 2008 at 3:24 pm |
  143. judith juselius, Pittsburgh,pa.

    The economy has everything to do with the election. IF Bush had been a better president ... IF McCain and Palin go their respective ways, hopefully Barack will surround himself with thinking, smart people and we can start to climb out of this mess. It is so depressing watching your life savings unravel before your eyes and scary that you don't have any control or really know who these idiot people are that are making major decisions that effect everyone. It is despicable that you work your whole life and play be the rules and then something like this happens over greed from particular people and the little man is the loser. There needs to be an accountability and I hope that someone is willing to make that happen.

    October 24, 2008 at 3:24 pm |
  144. Bob, Sonoma, CA

    Jack, I think we're seeing it happen. McCain had been ahead or gaining in the polls until the current financial crisis hit Main Street and then Obama has surged ahead. My concern about this entire economic crisis is a comment made by Osama Bin Laden about destroying the US economically. Remember the financial crisis after 9/11? Make's one think twice, doesn't it? Russia didn't fail because of weak military, it failed because of its economy.

    October 24, 2008 at 3:24 pm |
  145. Chryssa

    With gas down to $2.50 and the country's biggest interest rate cut on the horizon, the GOP thinks it's going to convince everyone things are okay, that there's no need for change. But with early voting such a success and Americans smarter than the current administration, that's not going to work.

    Boise, ID

    October 24, 2008 at 3:25 pm |
  146. Laurie, Virginia

    Of couse the economy dominates. But it is too bad it takes something this drastic to get some people to let go of allegiances to the very shaky record of the GOP and/or to let go of narrow-minded predjudices.

    October 24, 2008 at 3:25 pm |
  147. Janet - Port St Lucie FL

    As Bill Clinton said, "It's the economy, stupid!"

    October 24, 2008 at 3:27 pm |
  148. Chichi from Bucks County, PA

    I think the effect has been and will continue to be huge. A lot of conservatives have a hard time seeing the rights of unborn children as a matter of top priority when they can't feed the kids that they've got, or keep even a roof over their head in a lot of cases.

    October 24, 2008 at 3:27 pm |
  149. Robert

    The republicans controled it for a number of years and look what it got us!

    October 24, 2008 at 3:27 pm |
  150. Scott - Wichita, Kansas

    Well, unless one of the candidates gives me a solid proposal to fix it, instead of the standard "my opponent's plan will..." I will not be voting for either one. Instead I will go out to Best Buy and get a video game about the failure of the global economy and the start of World War Three, so that I am prepared.

    October 24, 2008 at 3:28 pm |
  151. Michael watching from Canada


    Since there are more unemployed, there will be more with nothing better to do than to take the time to vote for Obama whose platform is focused on helping rebuild the middle class.

    October 24, 2008 at 3:32 pm |
  152. Annie, Atlanta

    I'm hoping it has the same effect on the rest of the voters that it already had on me. I went with the intelligent guys, who surround themselves with intelligent advisers, as opposed to the hateful ones, surrounded by incompetence.

    October 24, 2008 at 3:32 pm |
  153. Jasmine in Germany

    Warren Buffett once said that he didn't understand why his secretary paid higher tax percentages than he did. Hey, it's great to be wealthy, but the cronyism within our government has got to go. You bet the recent economical collapse affects the election. I am supporting the candidate Buffett has endorsed.

    October 24, 2008 at 3:33 pm |
  154. Dan, Chantilly VA

    It will definitely swing some voters to Obama, which to me is hilarious because his economic policy is just as laughable as McCain's. The Republicans as a whole are going to take a hit mostly because they currently control the presidency. It doesn't really matter if their policies are to blame, and there's way too much blame to go around to only focus on one group, let alone one individual. Unfortunately for them, their president is in power and people will assume he's at fault. He may have had a hand in this, he may be at fault for a lot of things, but replacing him and his party with the other one is not going to magically fix everything. Going in a different direction doesn't help if you're still going in the wrong direction.

    October 24, 2008 at 3:33 pm |
  155. Geoffrey in Lowell, MA

    Come on Jack ... things have changed while you were out (and we missed you too) ... it's all different now.

    How much effect will the election have on the economy?

    It will have a good effect and I'm thinking Happy days are here again.

    October 24, 2008 at 3:34 pm |
  156. Michael, Mobile, AL

    Very Effective! If there's one person who will say anything to get elected, that person is John McCain. By accusing Obama of willing to say anything to get elected, he constantly shows how erratic he really is when he runs out of time, and has no clear message. Also, i'm not buying that tough talk against Bush, given that he's been sucking up to him since Bush stripped his campaign in 2000.

    October 24, 2008 at 3:34 pm |
  157. Jasmine in Germany

    Warren Buffett once said that he didn’t understand why his secretary paid higher tax percentages than he did. Hey, it’s great to be wealthy, but the cronyism within our government has got to go. You bet the recent economical collapse affects the election. I am supporting the candidate Buffett has endorsed. I have already voted from abroad.

    October 24, 2008 at 3:35 pm |
  158. Geri Britt

    I'm sure the people will do what the polls tell them to do Jack. So we will have to wait and see if the polls show Obama or McCain ahead the night before election day. Besides with the election already in question due to faulty voting machines and ACORN pulling their shenanigans, we will all be wondering who the true winner is on 5 November, since no one will really no for sure anyway unless of course, someone runs away with the election to the degree that the other guy doesn't have a chance even if his party cheats.

    Geri – Mead, OK

    October 24, 2008 at 3:36 pm |
  159. Alma (Tennessee)

    "IT'S THE ECONOMY STUPID" TO COIN A PHRASE FROM BILL CLINTON! It is taking us down faster than all the wars put together. We are all hurting while the McCain/Palin ticket goes around talking nonsense. Our leader is in hiding, and the want to be leader doesn't have a clue. If we don't get someone who understands the economy, we are all up the creek without a paddle. We shouldn't reward the republicans for bad behavior. It's about time we started exercising our intelligence and not our emotionalism. We need someone to lead us out of this mess. We also need someone to make sure that it doesn't happen again. The news media needs to do a better job policing the elected officials!

    October 24, 2008 at 3:36 pm |
  160. Rita

    I think it will be major, and it should. After all, what party totally screwed things up for the past 8 years? What were the people in charge doing? Obviously not paying attention to the looming crisis.

    Does it make any sense at all to trust their judgment on the subject of the economy now? Or for that matter, anything else?

    We Love Ya, Jack
    Moultrie, GA (yes, that's DEEP South)

    October 24, 2008 at 3:36 pm |
  161. barbara in Tacoma

    Its really bad when people are losing there homes, can"t fing a job. can't put food on the table, but the Republicans can go out and spend $150,000 on clothing for the Palins and $22,000on makeup and hair stylist so good old Sarah can look good. Blows my mind, that people thinks she,s worth it.

    October 24, 2008 at 3:37 pm |
  162. Lynn, Republican for Obama

    I think every additional economic woe is going to put one more nail in the Republican coffin – To the Republican Party Leaders I wish a "HAPPY HALLOWEEN", you Jerks!!!
    Lynn, Republican for Obama

    October 24, 2008 at 3:38 pm |
  163. Anthony Maffia

    It has had its effect on the election ... anything more would just make it more of a landslide for Obama. I would rather have a tight election and a healing economy.

    Tony Brooklyn NY

    October 24, 2008 at 3:38 pm |
  164. Michael, Pensacola, FL

    It should have a lot . . . politics and the economy SHOULD have major influence on the election because it determines who controls the spending.

    October 24, 2008 at 3:39 pm |
  165. Doris/St. Louis, MO

    Jack, there is one good thing about this poor economy; Voters will flock to the polls and vote for the CHANGE WE NEED!! Our "leaders" need to indict some of those fat cats. The Wall street gang has fooled us once"shame on them", they've fooled us twice "Shame on us", They've fooled us three times"We are addicted to being fooled", the sad part is , they know that we are addicted to being fooled. 700 Billion Dollars, and what happens, they give themselves MORE BONUSES!!!

    October 24, 2008 at 3:40 pm |
  166. Jim in WA

    One gigantic Obama landslide will occur

    October 24, 2008 at 3:41 pm |
  167. Marie Canada

    For some unknown reason the McCain campaign hasn't been able to grasp the concept that if the middle class and lower income people in the country have a little more money they have to spend it to survive and thus it gets the economy moving.

    On the other hand the other 5% of rich people do spend a fair bit of money but not all in America and not much on the necessities that require American workers to produce.

    Not much is new in this regard as history shows Conservatism tanks the economy and liberalism has to come in and clean up the mess, get a surplus so the Conservatives can come along again and tear it all apart.

    People always seem to have poor memories about what history has proven over and over again so not likely much will change in the years ahead.

    October 24, 2008 at 3:41 pm |
  168. Steve in Houston,TX

    This is why Obama has done so well. He is better equipped to handle this mess that we are in. America is doing to the GOP what they are doing to Bush; we are ignoring them and their out of touch policies.

    October 24, 2008 at 3:41 pm |
  169. Mark

    John McCain can continue to distance himself from George Bush but he can't hide from his voting 90% of the time with George Bush. We all know the economy is in the tank because of this administration and they will pay for it on November 4th.

    October 24, 2008 at 3:41 pm |
  170. Thomas, Yo.town, OH

    What's done is already done. More of the same or change. Good news, bad news now up to election day doesn't mean squat.

    October 24, 2008 at 3:42 pm |
  171. william fitzwater

    Right now the US is in a power vacum. As far as Biden's comment goes about being tested right right now until election day both are being tested and Barack has passed with flying colors.
    After the electinon the market wit hhave a clear direction no matter who wins.

    October 24, 2008 at 3:42 pm |
  172. Brian


    I'm ecstatic to have you back! You are the only person in cable news who accurately voices my frustration with politics and society these days.

    The economy is going to cause a last-minute landslide for Obama, providing a very clear mandate for him to fix the economic turmoil. This will also place a gigantic burden of responsibility on him, and if he can't deliver in his first term, the backlash will be of epic proportions. We'll see what happens.

    Moscow, Idaho

    October 24, 2008 at 3:42 pm |
  173. Larry - Greenbelt MD

    Jack, clearly troubling economic news will be a factor for many Americans in this election cycle. People are angry and bitter about losing their jobs and in some cases their homes due to the economic conditions for which they have had little to do with. But what troubles me even more is that, people who consider themselves of intelligent, sane mind, will go to the polls and vote for John McCain, cutting their own throats (so to speak) just to deny voting for the better choice Senator Obama for whatever ill conceived reasons they may have. What is wrong with this picture? It should be a no brainer, if a candidate will help me and my family live a better life, I don't care what he looks like or his party affiliation.

    Thanks, from Greenbelt, MD

    October 24, 2008 at 3:42 pm |
  174. stacy

    If Obama is elected with the help of the Democratic Congress, i. e.
    Pelosi and Reid, we will go broke for sure.

    October 24, 2008 at 3:43 pm |
  175. Michael and Diane Phoenix AZ

    The economy has everything to do with the election. McCain says he has already "been tested" referring to the Cuban Missle Crisis and his POW status, but we think his real "test" came last month when the economic meltdown occured and in our opinion, McCain FAILED, and failed miserably. And to top it off, spending $150K on a wardrobe and makeup when they could have gone to someplace like a Kohl's or Macy's for much less expensive and just as nice looking clothes for Palin. Not too many hockey mom's can do that, can they?

    October 24, 2008 at 3:43 pm |
  176. Stuart, Colorado

    The economy is what the election is about and Obama has the best ideas on how to fix it. The world is facing economic failure and all McCain can say he'll do is cut spending in Washington. If Obama doesn't win the election this country will spiral down and we will not be number one anymore. Capitalism can't be led by the Republican party anymore.

    October 24, 2008 at 3:44 pm |
  177. desertique in logan utah

    The greater the economic problems the more voters for Obama.
    I have already done the regression analysis and there is a strong linear correlation.

    October 24, 2008 at 3:45 pm |
  178. white, Independent woman for Obama

    This administration and their very wealthy buddies on Wall street, in the oil business and the Banking Industry have brought America to its knees. The economy is issue #1 and far ahead of any other issue in this election. It will dictate who will win this election no matter their color, race or anything else they are. We have an opportunity to make right what Bush and cronies made wrong, Obama will lift us to the next plateau and bring us, if not out of this mess, at least way up and away. Mccain on the other hand will only take us deeper since his policies are exactly, oh excuse me, 90% as Bush.

    October 24, 2008 at 3:45 pm |
  179. Barb New Port Richey Fl

    That's what this election is all about. If Bush hadn't messed this up so bad I don't think McCain would have a problem being elected. On the other hand, he does have Palin......which probably cost him the election anyways!!!!

    October 24, 2008 at 3:46 pm |
  180. Patrick T., Davis, CA

    I'm all for Obama, but when it comes to the economy, we all shared a part; let's not kid ourselves. But that mortgage crisis was the straw... no... the tree that broke the camel's back. The only joy I get in thinking about the economy now is that many of the people that started this mess won't escape the consequences.

    October 24, 2008 at 3:47 pm |
  181. Jon (Ottawa, ON)


    Given the Bush administration's appalling record, the Democrats would probably be leading anyway, but the economy is sure the icing on the cake. I suspect it will be worth between 5 and 10 points to the Obama ticket on Election Day, and will also help elect more Democrats to the Senate and House.

    October 24, 2008 at 3:47 pm |
  182. david in Calif

    I am voting for McCain, but that said we will most likely lose.
    I am looking forward to Saying " Those failed policies of Obama – every time anything and i mean anything goes wrong"

    Oh i can see it now... "but it the failed policies of Bush had not got him in so deep, its not his fault"

    Yep, kind of looking forward to that

    October 24, 2008 at 3:47 pm |
  183. John in VA

    Does a bear go #2 in the woods? Jack, I have a lot of respect for you, but even you could come up with a better conversation piece than this question.

    October 24, 2008 at 3:48 pm |
  184. susan from Idaho

    Obama has been my candidate every since he announced his declaration to run.
    The economy only strengthens his poll numbers from those that know we can’t survive anymore of Bush like polices. When you fail to plan, you plan to fail.

    October 24, 2008 at 3:48 pm |
  185. Janel, St. Paul, MN

    I believe an Obama victory will bring some stability to the world's weak economy. A concern is that everyone realizes this mess will not be fixed quickly. Patience, faith and many prayers will be in order as our new president works with others to put us on a new course.

    October 24, 2008 at 3:48 pm |
  186. Laura

    Hi Jack- I believe this economy has a huge impact on this election. Its a known fact that fear and confidence are prominent components to the health of the stock market. Each candidate has been running on a platform..one is HOPE and Change, and another one is FEAR, HATE, and Division.

    I think its obvious through history that a strong Democrat combined with a message of optimism in the face of adversity is the message that will win out.

    October 24, 2008 at 3:48 pm |
  187. Kim, Dodge City, Kansas

    It will almost certainly be the single largest decision making factor in this election. The war alone would have been enough to get the Republicans thrown out, but the collapse of the economy at the hands of Bush is going to put the final nail in the coffin lid. Good bye and good riddance to the Republicans.

    October 24, 2008 at 3:49 pm |
  188. Angella, Miami

    McCain, is worrying night and day that Obama's tax policy to help the middle class people in America, his wife is going to get taxed BIG TIME.

    McCain's tax policy – if he has one – is for Big oil companies, not to help the little people. McCain is an Elitist, both he and his manikin wife.

    October 24, 2008 at 3:49 pm |
  189. Mike from Westchester


    I wish there was a way it could have a retroactive effect on the 2000 or 2004 election. If we knew we were making the biggest collective mistake in the past century, do you think it might have changed the outcome?

    As for this time around, I surely hope it means that John McCain's goose is cooked for good. Either way, I worry that America may never regain the position we lost after eight years of complete incompetence and stupidity.

    Westchester, NY

    October 24, 2008 at 3:49 pm |
  190. Brian Blashfield

    Hopefully voters will not be distracted by the attacks coming from McCain/Palin in a last last minute desperate attempt to win. The mess in the economy comes from Bush driven energy policies, Bush driven mismanagement of the SEC allowing Wall Street to go nuts, Bush mismanagement of the entire banking system and a Bush created unecessary war that has crippled our economy. Bush et.al. have stolen a sound 1998 economy and gave it to their friends. The corporations own this country and have bankrupted it through greed.

    October 24, 2008 at 3:50 pm |
  191. Anne/Seattle

    So good to have you back Jack!

    The economy is key to the election and why I support Obama. The "trickle down" versions of the economy we've seen since Reagan have brought us to this terrible decline we are in. Voters who cannot grasp that will likely voted for McCain and seal our fate in the downward spiral.

    October 24, 2008 at 3:54 pm |
  192. Maggie in NY

    Jack, I don't think it will have much more effect than it already has. By now most of us have made up our mind, and it's going to take at least half of his first term for Obama to straighten up the mess left by Bush. Any further financial mess between now and election day will only confirm our choice was the right one...or is that the left one?

    October 24, 2008 at 3:55 pm |
  193. Molly B

    Molly B. from central Iowa

    Most of us are going to vote for Obama/Biden. Besides that I
    predict that undecideds and many republicans will flock to the
    polls. Good grief! we are teetering on a precipice of disaster.
    There's naught for them to do but to head for the polls with
    a vote for Obama/Biden. Better yet – vote for all the democrats
    on the machine.

    October 24, 2008 at 3:56 pm |
  194. JW Georgia

    On a scale of one to ten, I'd give the effect of economy on election somewhere around twelve thousand.

    October 24, 2008 at 3:56 pm |
  195. Diane, Barneveld, NY

    It affects it all. McCain doesn't know what most, that is, middle class people have and need. He looks at it as rich and poor and nothing inbetween. Why should he? He's never had to do anything to put food on the table or support a family. He went to "elite" schools and the military because of his family. He doesn't compute in more ways than one.
    And I was for him before I was against him.

    October 24, 2008 at 3:57 pm |
  196. Adam

    If I was Obama, I would stay in Hawaii!

    Seriously 'though, we need his intelligence and calm approach to things to deal with the New Reality, whatever that might bring.

    October 24, 2008 at 3:57 pm |
  197. Janice

    McCain's REACTION to the economic crisis is affecting the election! People saw his erratic, impulsive, impatient responses to the economic crisis and simply concluded that as president, he'd govern in a similarly reactive and frantic manner. After eight years, we recognize the dangers inherent in that kind of temperament and are vowing to choose a leader who is reflective, thoughtful, and intelligent.
    South Carolina

    October 24, 2008 at 3:58 pm |
  198. Nan, Houston, Texas

    The economy has effected the election. As indicated by the early voting numbers, people are taking advantage of their right to vote. It has made people aware that they must vote and listen to the candidates. Look at the numbers who watched the debates. It has taken a poor economy for people to realize that their vote matters.

    October 24, 2008 at 3:58 pm |
  199. Reg from Florida


    You are already seeing the effect, a landslide victory for Obama. Under different circumstances, Americans would have voted for McCain. however with kitchen table issues are on the line, they look for adifferent path after disastrous policies for the past eight years. Basically Jack, when folks are hungry, they neither care about the color of the hand nor the party the hand belongs to; they just want to be fed.

    October 24, 2008 at 3:58 pm |
  200. Jackie

    It will greatly affect this election. People only start to pay attention when you hit them where it hurts, and that's their wallets. Democrats have been for sen. Obama all along and you would have had a turn out for him no matter what, however the downturn in the economy has raised serious issues with voters and in particular for the independents and even center republicans who are now ready to vote on behalf of their financial interests, rather than their social hang ups.
    Ft. Lauderdale, FL

    October 24, 2008 at 3:59 pm |
  201. John in Arizona

    Jack, you have the question all wrong. It should be, "What effect will the election have on the economy?" And the answer is simple: an end to eight years of Bush bungling.

    October 24, 2008 at 3:59 pm |
  202. Brendan H., San Antonio, TX


    Right now the economy IS the issue!!!

    October 24, 2008 at 3:59 pm |
  203. Chuck

    I thik Obama will win this election for several reasons and one is the economic crises along with MvcCain's pick of Palin for VP and McCain's erratic behavior and lack of a consistent and legitimate campaign theme and subsequent consistent policy proposals.

    But let's be clear. Although perhaps being able to stop some bleeding Obama is not going to be able to immediately turn the economy around (nor would any newly elected President). There are too many factors impacting this country's economy that are out of the control of the President. One thing is clear however. Unless we in America start living a little more within our means and understand that we in the U.S. have been a bit spoiled by a standard of living that has always been extremely higher than most other countries in this world, we will not see much improvement. This is a global economy now and we are competing with countries whose workers are willing to earn less, whose governments are willing to maintain lower safety and environmental standards, and where a vast majority of their citizens do not live in 3 bedroom ranch houses with 1 or 2 vehicles in the driveway.

    Our economy is directly tied to this competitoon which we are not accostumed to. So no President can solve all our economic woes. Much wil depend on the Amercian people's willingness for a period of time to sacrafice and learn to live with just a bit less than before. The world is not going to buy U.S. widgets that cost 3.50 to produce while another country can produce the same wiget for 1.00.

    October 24, 2008 at 4:00 pm |
  204. Charm

    Jack, the economy is one of the most pressing issues of this election, but it's not the only issue driving my vote. POW hero talk aside, McCain has been mediorce his entire career and has made the wrong decisions throughout. Him choosing of Palin as his running mate the was the defining moment when I decided to vote Obama/Biden.

    October 24, 2008 at 4:00 pm |
  205. Gary - Woodhaven, Michigan

    Hey Jack, can you loan me five bucks for some gas so I can get to my polling place?

    October 24, 2008 at 4:00 pm |
  206. Jay in Texas

    According to the polls, our nation's economic collapse will have no influence on what happens this Election Day. Over 90% of Americans were outraged at the Bailout for the super-rich and were against it. What did Senators Obama and McCain do? Both threw their support behind and voted for the Senate version which passed and which included even more plunder for the giant banks and corporations than the House version had. Even with the huge public outcry against this Bailout, current polls still show these two crooks are going to get over 90% of the votes anyway! All I can do is shake my head and say "we really do deserve the government we get."
    Brownwood, Texas

    October 24, 2008 at 4:00 pm |
  207. sandy in ohio

    Jack, with all the bad news about the economy ,I think voters are looking for a change and I don't think that bodes well for McCain. Everyday I get some new robo call or piece of literature from the Republicans and it sickens me to see how low the McCain campaign has sunk. My Dad was an avid Republican and I'm sure he would be ashamed of where they have gone. We need answers on the economy and McCain just offers more of Bush. I hope voters realize this.

    October 24, 2008 at 4:01 pm |
  208. Julie from L.A.

    How much did the economy matter in 1932 when Republican economics sent the country into a depression under Hoover?

    We were lucky to have Roosevelt then, and we are lucky to have Obama now.

    I only hope that the nation will give him a landslide. He will need it to bring us all together and dig us out of the Republican mess.

    October 24, 2008 at 4:03 pm |
  209. Diane Dagenais Turbide

    Hi Jack,

    Simple answer...How much? A lot since the mess is about the past eight years of Bush administration and its philosophy!
    No matter what McCain says or does it no longer matters...because the jobs are not back, the gaz and food prices are not lower, and the price of college tuition is not even a McCain priority since to him students are just another interest group...and yet it is a well educated population in the 21st century that will guarantee more money and more interest in the BANK...i.e. personal and governmental!!

    Diane Dagenais Turbide

    October 24, 2008 at 4:03 pm |
  210. Pete, Fla.

    Hey, I don't have money in the stock market, my bank has done nothing but change names, my job will always be needed, and my gas just keeps getting cheaper. What economic crisis?

    October 24, 2008 at 4:04 pm |
  211. Eileen Hayes

    The economy is the #1 issue in this election. McCain has been seen in to many photo's and news articles supporting Bush and no matter what he says at this point will erase the images of him and Bush joined at the hip. No one will ever believe that McCain is any different that Bush. Another big problem that McCain has is that fact that he is a warmonger. He thinks that his experience as a prisioner of war gives him a pass on all his bad decisions and this is his excuse for everything. This man has a very high opinion of himself and someone needs to knock him down a peg or two. He is not the only person that was held in a prisioner camp and went through a tragic experiece.

    October 24, 2008 at 4:04 pm |
  212. Bill - Albuquerque

    It will ensure a win for Obama. Whether you're the CEO of a corporation or President of the United States, you take the blame or the credit for whatever happens on your watch. That's just how it works.

    October 24, 2008 at 4:05 pm |
  213. marcia, san diego, ca

    It should bode well for Obama and be the number one issue. We will have global issues if we cant handle our problems here at home. He has been consistent on message from day one of his candidacy
    ...grow jobs, healthcare, how how to get out of economic crisis, etc.
    McCain has flailed around just trying to get any ecomonic issue to catch. He doesnt know what to do or better yet, what HE is doing.

    October 24, 2008 at 4:05 pm |
  214. Jason S., NYC

    If you have read a newspaper, turned on a television or listened to a radio in the last month, you'd know that the Economy is the most dominant issue on the minds of most voters. It's 1992 all over again. With wave after wave of bad news crashing in nearly every day and investor confidence at an all time low, the Democrats will ride this tsunami of Financial Failure to a sizeable victory in November.

    October 24, 2008 at 4:07 pm |
  215. Mike Smith, New Orleans

    "It's the economy, stupid." (Not you Jack, those other people!) On election day, Obama wins by a landslide because of the Bush economy which McCain supported wholeheartedly. He cannot run from that, so he's using smear and fear instead.

    October 24, 2008 at 4:07 pm |
  216. Erik

    The impact is here. Now. People were angry before, due to the Bush policies. Now they are furious with the meltdown. This is why there is huge momentum to sweep Republicans out of Congress.

    October 24, 2008 at 4:07 pm |
  217. Hank Pihl

    Jack,It is the economy.
    Palin spending $150,000 on clothes perfume etc,who said it is the economy?
    A former senator said the economy is in great shape,and that the
    American people where whiners,McCain spoke the same words.
    He said that the American people are the hardest workers in the
    world,he forgot to mention that we have lost millions of jobs to the
    overseas market.
    We need a fix in this country,and we need a very badly.
    The very rich as the McCain's have no idea how to live from a budget.

    October 24, 2008 at 4:07 pm |
  218. Tom - Las Vegas, Nevada

    The current state of the economy isn't the result of one or two votes, it is an indictment of the failed GOP fiscal approach. As such, it has posed, and will continue to be, a problem for GOP candidates.

    October 24, 2008 at 4:08 pm |
  219. bert hidalgo

    Yes, The economy effect the election 700 billion percent. Many people are with out a job and no work means no money. Many people need money to survive. We should be tired of having the GOP running and keep all the money and not give none to the poor or middleclass people that do work long hours.

    October 24, 2008 at 4:08 pm |
  220. Stacy from Fairfax, VA

    While Obama probably would have won anyway, we are going to see something close to a landslide on Nov. 4. This will happend not only due to the tanking economy, but also because of the botched choice of Palin as VP.

    October 24, 2008 at 4:08 pm |
  221. Marla from Venice, Florida

    Obama is getting the numbers because he is talking about what most of us is scared of or going through. The Republicans are not talking about anything that is going to help most of us. I am not too concerned about the McCain's or Bill Gates paying as much in taxes that they did before Bush cheated his way in. His claim that raising taxes on the rich is going to cause more unemployment is a bunch of b.s. They have no plan to invest in the middle class and that is exactly what the four letter word in office did for the last eight years. The economy is one of the most important issues facing the majority of the citizens.

    October 24, 2008 at 4:09 pm |
  222. Jill Grant

    I hope the economy will have a bearing on the election. Our economy has gone down the tubes during the Bush administration. American credit and credibility is at an all time low during this 53 year old voter's lifetime. History should be a good teacher. Unfortunately, it wasn't in 2004. We're getting another bite at the same apple, rotten as it may be. I, for one, would like to avoid picking more of the same worms out of my teeth.

    October 24, 2008 at 4:09 pm |
  223. Melanie in IA

    If you look back, the economy has been the main issue for months, not just weeks. The largest influence on voters is their desire to have a President place "We the People" as his #1 priority on his dailty to do list while sending Big business to the end of the line and lobbyist to Alaska to help Palin keep track of the Bridge to no where.

    October 24, 2008 at 4:09 pm |
  224. Ed from Tallahassee

    Without the Economic Down Turn the red team would have balanced-out the House and Senate making them more even, but slightly more blue then red. McCain would be neck and neck with Obama having the whole thing hindge on one state, Florida, or Ohio.

    With the Economic Down Turn the Blue Team will win the White House, a bigger part of the House, and the Magic 60 in the Senate.

    October 24, 2008 at 4:09 pm |
  225. robert smith

    Robert in Denver


    October 24, 2008 at 4:09 pm |
  226. Barbara - 65 yr old white female in NC

    So many people rant and rave that Obama has never run a small business.

    They ARE right. The size of his campaign is NOT small. And he's been one of the most successful to EVER head up a campaign.

    I'd say he could run a BIG business successfully.

    October 24, 2008 at 4:12 pm |
  227. Susan, CA

    I think it will have everything to do with what happens on Election Day. As they say...money talks.

    October 24, 2008 at 4:12 pm |
  228. Tuli

    I believe will be the top priority of most voters. People are worried about where they're going to sleep tomorrow and the day after. They are also worried about feeding their kids. So, it will be the biggest factor in this election.

    We want to hear solutions for this economic problem not William Ayers and Rev. Wright. They talk about kitchen Table will come meet us there.

    October 24, 2008 at 4:12 pm |
  229. Ann, Newton, New Jersey

    The forgotten middle class is pinching pennies, worrying if their jobs will be there next week, if they can afford to send their children to school, etc.. In all my years, I have never seen it this bad. Yeah, I would say the economy is going to matter in this election.

    October 24, 2008 at 4:12 pm |
  230. Rock A. Allen

    The quesiton is... can it be any worse than the last eight years?

    Rock A. Allen
    Sudbury, Ontario, Can.

    October 24, 2008 at 4:12 pm |
  231. Jill, Akron OH

    I hope the economy will have a bearing on the election. Our economy has gone down the tubes during the Bush administration. American credit and credibility is at an all time low during this 53 year old voter’s lifetime. History should be a good teacher. Unfortunately, it wasn’t in 2004. We’re getting another bite at the same apple, rotten as it may be. I, for one, would like to avoid picking more of the same worms out of my teeth.

    October 24, 2008 at 4:13 pm |
  232. Bill in Michigan

    The economic issues will definitely put Obama and the Dem.'s in office pretty much across the board. The Republicans still supporting McCain just don't seem to get it.

    October 24, 2008 at 4:13 pm |
  233. CHANTAL, Washington, D.C.

    On the Economy, McCain was running like a chicken trying to impress people. Nobody fell for it. Palin did not even understand the problem. Nobody cared. When Russia invaded Georgia, McCain reminded me or my little dog; barking at the Russians and making threats. Russia didn't card. Was that his foreign policy experience? He reminded me of Elmer Fudd. "Hey you Wussian Wabbit, we want you out of Georgia, now."

    October 24, 2008 at 4:14 pm |
  234. Karen McCullough

    Hi Jack,

    It means that the voters are evaluating the candidates in order to pick the one most educated about economics and most able to surround himself with expert advisors. We won't be so stupid this time around as we were when we elected a "good old boy" like George Bush. We will do our homework ahead of time.

    October 24, 2008 at 4:15 pm |
  235. Jack from MINNESOTA

    Jack, one can only hope this will mean the end of the neocon laissez-faire economic theory and practice. What an absolute disaster this sludge heap of conservative economics has been!!

    October 24, 2008 at 4:15 pm |
  236. Robert Ox. Augusta Ga.

    Hey Jack ! CORRUPTION

    October 24, 2008 at 4:15 pm |
  237. Darren

    Enough of an effect to assure the warmonger won't be residing at 1600 Pennsylvania Avenue.

    October 24, 2008 at 4:15 pm |
  238. H. Charles


    There are a lot of McCain supporters that have, all of the sudden, become economic experts after McCain said that companies go to Ireland because of their tax rate. What they don't understand is that that 11% is relative to the size of their economy. Our economy is so large and these companies make so much money that they can afford a 25-35% corporate tax rate. If these companies don't want to hire Americans, they weren't really for America in the first place. We have a government that will bail out businesses. Does Ireland have to ability to do that?? I doubt it. And what McCain supporters need to understand is that Obama will give corporations who support American workers at tax break. But of course, its easier to watch commercials instead of reading.

    October 24, 2008 at 4:15 pm |
  239. Jason, Koloa, HI

    I think it's obvious from the poll numbers that the economic situation favors the democrats on election day. Democrats have saved this country from economic distress over and over. Let's HOPE they can do it again.

    October 24, 2008 at 4:15 pm |
  240. H. Charles


    There are a lot of McCain supporters that have, all of the sudden, become economic experts after McCain said that companies go to Ireland because of their tax rate. What they don't understand is that that 11% is relative to the size of their economy. Our economy is so large and these companies make so much money that they can afford a 25-35% corporate tax rate. If these companies don't want to hire Americans, they weren't really for America in the first place. We have a government that will bail out businesses. Does Ireland have to ability to do that?? I doubt it. And what McCain supporters need to understand is that Obama will give corporations who support American workers at tax break. But of course, its easier to watch commercials instead of reading.

    H. Charles Dixon
    Philadelphia, PA

    October 24, 2008 at 4:15 pm |
  241. Dana from Illinois

    We the people of the United States are fed up with how our economy has become, and how our tax money has had to be spent. When we file taxes, we have to be correct to the penny, but when it come to the government, it is anything goes.That is a bunch of baloney and it is time we made them accountable for our tax money. It is always easier to spend other people's hard earned dollars!!!!

    October 24, 2008 at 4:16 pm |
  242. lisa tx

    It,s like this change or the same old garbage.

    October 24, 2008 at 4:18 pm |
  243. SD Owens

    With Barack as President we will be fine with the DEMS being majority, because both sides will have input. If Mccain were President with a majority REPUB we would be in trouble.

    October 24, 2008 at 4:19 pm |
  244. Louise L.Gallone

    It will reflect on eight years of an inept administration. Americans want a change, that is why there are long lines for early voting.
    There is always BAD economic news when the Repubs are in control too long.

    Louise IN

    October 24, 2008 at 4:20 pm |
  245. Dennis North Carolina

    It will have a big effect on voting. we can blame the republicans for the state of affairs of our country both at home and the world. so it is time to remove the republicans from office. I AM INDEPDENT but you will not see me vote for a republican this year.

    October 24, 2008 at 4:22 pm |
  246. Dan from Kitchener

    Since it has pretty well been established McCain & Palin would be a disaster it's likely the economy won't be the determining factor in this election.

    My guess is Obama is running against the American culture otherwise he would be 40 points ahead in the polls.

    October 24, 2008 at 4:22 pm |
  247. Nissim Sasson San Diego CA

    75% effect

    October 24, 2008 at 4:23 pm |
  248. Charles from Atlanta

    Big effect. When people look their 401K statement this month, suddently they realize they have no desire to talk about abortion or gay marriage anymore.

    October 24, 2008 at 4:23 pm |
  249. bob in LA

    We can only hoping a lot! With 8 years of Bush, six years of Republican control of the House and Senate, and two years of their ability to stop any veto override- we need a change.
    If the Democrats are to be blamed then give them full control and see what happens. It can't get worse!

    October 24, 2008 at 4:25 pm |
  250. Roz Jones

    Jack... The failing economy is the pivotal factor in this election and current polls indicate how much people have been affected by the hit they've taken in their standard of living. For this reason, among others, McCain doesn't have a chance.

    Branford, CT

    October 24, 2008 at 4:25 pm |
  251. Jim

    We will get socialism. But that is what the people must want since they are willing to put Obama in the White House. I don't want to here them whine when America goes to hell in a hand basket.

    October 24, 2008 at 4:25 pm |
  252. Paula

    In this election, People are going to vote with there wallets and that is going to be good news to Obama, after McCain seem to ignore the crisis by saying: "The fundaments of a our economy are strong". How
    can we think he understand something about the economy after that statement.

    October 24, 2008 at 4:26 pm |
  253. Andre from New Jersey

    Seeing as polls tie the financial mess to the Republicans, it would probably be in favor for the Democrats. Sadly our politics tend to be a "Pick A or B" affair.
    It would be nice if we could get a third party in there for actual change

    October 24, 2008 at 4:28 pm |
  254. Rusty Nail

    If folks want to vote based on improving the economy then McCain is the solution. Obama will put us further into recession and unemployment. No middle class American has every created a job. They will take the money Obama redistibutes to them and send it to China to buy a video game system. He will cost the midle class jobs. I think the middle class would prefer a job to $500.

    October 24, 2008 at 4:28 pm |
  255. Natalie Morris

    I would like to think having a democratic majority in congress with Obama in office would be effective. I remember when Clinton took office and he did not agree so well with a democratic majority in congress.

    October 24, 2008 at 4:29 pm |
  256. Myrock, Snellville, GA

    Well, if we elect McCain in office and he says “he doesn’t know much about economics” than there you have your entire answer in one little sentence but when you elect someone that knows a bit about economics but can actually understand what aids are saying about the economic structure. A candidate could really steer the country in the direction we should be headed.

    October 24, 2008 at 4:31 pm |
  257. PAT California

    I think it will be at the top of the list when voting. We need someone with a cool, clear head and a strong steady hand leading our country. One who will not panic under the pressure that's waiting for him. He must have the ability to rally the best there is to address the tough job ahead and meet it head on. Obama is that man!

    October 24, 2008 at 4:31 pm |
  258. Scott W.

    Jack we have already had a president and congress from the same party for six of the last eight years and all it has gotten us is a war that no one wants, a banking crisis, higher unemployment, fuel prices, foreclosures, and now a recession.

    October 24, 2008 at 4:32 pm |
  259. Jeff

    Jeff in Rochester, MN
    It appears that the failing economy will sweep Obama into office and give the Dems a commanding advantage in Congress. Personally, I don't think any one person is up to Hurclean task of fixing the financial/credit mess we are experiencing. It will take a person with vision who can surround himself (sorry Hillary) with the best and brightest Cabinet. Obama has the smarts to put together such a team. Hopefully, the challenge is surmountable within 4 years.

    October 24, 2008 at 4:32 pm |
  260. dean

    It is so funny that everyone is mad that people gave loans to people who couldn't afford them. Are you kidding me? What about all those credit cards, that people can't afford. You are a bunch of hypocrites!!!!

    October 24, 2008 at 4:32 pm |
  261. Elizabeth, Durham, NC

    I recall Mr. McCain saying in one of the debates that he "knows how to do it" ... That chipmunk has been in the senate for 26 years! If he knew how, why didn't he! I have proudly cast my vote for Obama-Biden. They are the only ones who have a real plan Whether it will work or not, is another story, but better than no real plan, which is all McPlain-Failin' can come up with.

    October 24, 2008 at 4:32 pm |
  262. Ben in Redwood City, CA

    I can only hope that it will insure an Obama victory. It's sad though that
    the walls have to come tumbling down before the people get smart, if only temporarily.

    October 24, 2008 at 4:33 pm |
  263. Jim from Rock Island, IL

    The economy has overshadowed all other issues and because of that, Obama will be the next president. He'll get only two years, until the end of 2010, to prove himself. That's when the 2012 presidential campaign begins.

    October 24, 2008 at 4:33 pm |
  264. linda

    I believe that the country has no faith in the McCain ticket when it comes to the economy. Unfortunately most of us don't make enough yearly to want McCain's plan. I wonder when "Joe the Plumber" last was able to spend $150K on anything least of all clothes. They are so out of reality. I believe Obama will surround himself with those who understand and will actually listen to them – unlike what has happened int he last 8 years.

    October 24, 2008 at 4:35 pm |
  265. Carlos Marrero

    Who, in possession of their senses, would want another Republican administration? Enough is enough!

    October 24, 2008 at 4:35 pm |
  266. Mike - Hot Springs, Ar.

    How can anyone with half a brain nor realize that we are where we are because of incredibly stupid decisions made by the President and his party. Sure, the Dems had some input but the Republicans were in control and they have driven the bus right into the middle of a huge quicksand pit. We are sinking fast.

    October 24, 2008 at 4:36 pm |
  267. Robin - North Little Rock, Arkansas

    The economy is the main reason I am going to the polls. And, I feel so sorry for the incoming administration that has to clean up the mess that is waiting for them.

    October 24, 2008 at 4:36 pm |
  268. Greg Tyillian

    Alot Jack! Absentee voting is great, Change will be good. The party in power has had 8 years to work this , now I think it is time for others.
    And Go Rays!! Clearwater ,Florida!

    October 24, 2008 at 4:36 pm |
  269. Mike Pellegrino

    It is time for this country to rid itself of double digit IQ's and replace it with someone that has a triple digit IQ. We need a president that can get us thru this in an intellectual manner. No more bullies.

    Obama '08 '12

    October 24, 2008 at 4:37 pm |
  270. Judy

    If the American voter has more than 3 brain cells functioning, the economy will make a big difference. A very bright Barack Obama is going to make a big difference from the past of letting rich Republican friends create havoc in the financial candy store. This is the result of government being complicit with greed.

    October 24, 2008 at 4:37 pm |
  271. John from Indiana

    Once again elections are held in a climate of fear. The real question I ask myself is who is benefiting from this, the same people?

    October 24, 2008 at 4:37 pm |
  272. gregg

    Obama is THE only person that is intelligent enough (and his wife )too
    to get is out of this mess W has put us in.
    Im not black, Im a college educated white so race is not a factor.
    This will look like FDR getting us out of the Republican mess of the 20's.
    History will not be kind to W and neither will I.

    October 24, 2008 at 4:38 pm |
  273. Mary

    Basically, we are going to have to learn from our elders on how to live within our means for the next ten years. They had the advantage of not having an enormous national debt to pay down, like we do despite the fact that they lived through WW11. One thing they did do was have community gardens to grow their own food and share the harvest.

    October 24, 2008 at 4:38 pm |
  274. Ken

    It's not about Ayers; it's not about Rev. Wright; it's not about Muslim; it's not about Joe the Plumber. Senator McCain, don't you get it? It's about the economy, stupid!

    October 24, 2008 at 4:38 pm |
  275. Gambi, Hilton Head, SC

    HUGE effect...............never in our history have we faced a financial crisis like this and we will all take a personal hit financially to get this country through this recession. Our next President needs to unite us to work through this crisis. Together we'll make it divided we'll fail.
    I want to join Barack Obama and Joe Biden's team and work for better solutions.

    October 24, 2008 at 4:41 pm |
  276. Jeff in Glen Carbon IL

    It probably will be at least half the reason independents and Reagan Democrats come back home. The economic downturn can quickly turn around when billions are spent on energy alternative research and on tax credits for implementing or buying the more fuel efficeint (read that as millions of jobs over five years), Also, it never hurts the economy when they build nearly a dozen nuclear power facilities (yes, a bipartisan group will heartily recommend it and yes, Obama will sign it).

    October 24, 2008 at 4:41 pm |
  277. Kris S

    Economy is the core of everything. For the economic pains we have been going through for 8 years, I will never vote for any republican for the next 50 years

    October 24, 2008 at 4:42 pm |
  278. Positive in Charlotte, NC

    It will change the Obama/Biden win into an Obama/Biden landslide win. We need their level of intelligence, education, planning, level-headedness and just plain good common sense if we have any hope of getting through this. They have a solid economic plan in place. Neither McCain or Palin have anywhere near the skills needed for this and would continue the failed economics policy that was the major contributor to this mess and possibly send us into full-fledged economic depression.

    Already voted Obama/Biden in NC

    October 24, 2008 at 4:43 pm |
  279. jrq la habra Ca

    I voted Friday with the fear of no job and loosing my home. And how I had paid $180 for groceries and it was not going to be enough for the week.
    I also, thought about McCains $500 pair of shoes. I have never seen $500 shoes.
    I voted on an empty stomach.
    And I drove home on 1/4 tank of gas to see a bank owned home next door to my eldery parents home. And the many For Sale signs on my little street.
    And I remembered, I voted for the man who will give my young adult children jobs and a home. A chance....that is all I ask for .....A chance to make it through each day.

    Take care Jack!

    October 24, 2008 at 4:43 pm |
  280. Debi

    I don't think it will have much effect right now. Most people know who they are gonna vote for at this point. I would like to see whomever makes President, have Pelosi, Reid, Dodd and anyone else who helped bring on this financial crisis removed from office!! People want to blame Bush and the Repulicans all the time but Leading Democrats were a great part of the problem. Scary part is that these leaders are gonna have a hand in our hard earned money, on how to give it away and spread the wealth! If Obama is elected and he really wants Change, then start with Pelosi and above and all involved removed, then maybe the country can come together again!!! If that doesn't happen, we are no better than the last 8 years!

    October 24, 2008 at 4:43 pm |
  281. Eddie

    I feel that voters have pinned to much hop that Obama is going to turn the economy around as soon as he is elected, that if he fails to do so. The people in the United States will turn on him fast. Even faster then then it took them to turn against George W. Bush

    October 24, 2008 at 4:43 pm |
  282. Lynn Chrenka

    Traverse City, MI
    It's still "the economy, stupid!" Especially after Alan Greenspan's recent admission that he has been "shocked" by how the de-regulated market has created this economic mess, surely the Republicans' failure to monitor Wall Street shenanigans will cost them this election. Can we now finally put to rest the idea that Wall Street is capable of regulating itself? Some of us living out here in the "hinterland" (outside the beltway) have understood this concept for quite a while.

    October 24, 2008 at 4:43 pm |
  283. Robin in SC

    The worse the economy gets, the lower the DOW falls, the more jobs are lost, the more homes are foreclosed, the more levers will be pulled for democratic candidates. I believe this election will be a landslide for democrats because of the economic crisis. But, I believe Obama would win the Presidency even without the economic crisis...the republicans have turned off too many of their own.

    October 24, 2008 at 4:44 pm |
  284. Larry B

    The economy may panic voters and they may choose Obama under a false belief he knows how to fix something by taxing business – all that will do is take us into a Depression.

    October 24, 2008 at 4:45 pm |
  285. Tony

    This should have a profound effect on the election, however I fear that most citizens of my great country do not understand what's really at stake. Subprime loans were also give to the weathly, not just the poor. They are called jumbo loans. In Atlanta, there are a ton of $900,000 homes that are in foreclosure. These homes have a much larger effect on the death spiral that our economy is in when compared to one or two 100k homes.

    October 24, 2008 at 4:45 pm |
  286. SRC

    Absolutely, economy is the main factor on many voters' minds. SInce the Republicans were in charge of the White House for the last 8 years, they get the major share of the blame. I for one will be voting for change and for Barack Obama. Obama has surrounded himself with good economic advisors including Volker, Buffet, Rubin and others. Go Obama!

    October 24, 2008 at 4:46 pm |
  287. Jill

    God help us if we don't get President Obama.
    Jill in Missouri

    October 24, 2008 at 4:46 pm |
  288. Anthony

    Why is everyone being so hard on McCain? What proof do we have that across-the-board corporate tax cuts won't create millions of jobs as he proposes? Maybe they just weren't cut enough.

    October 24, 2008 at 4:47 pm |
  289. paul, staten island, NY

    correct me if i am wrong, but I believe every single time in the history of the united states, whenever a recession, the great depression, or a sagging economy occurred; a republican was in the white house. I think the economy will keep the republicans out of the election. Hopefully across the board. They deserve to be punished for nearly bringing this country down to its knees.

    October 24, 2008 at 4:48 pm |
  290. Mandar

    Economy will get Obama to White House. But frankly looking at him or MCcain, both are cluseless what steps they will take to get the economy back to normal. As Biden mentioned, Obama will be surely tested for overstated capabilities, bookish economics and raised hopes...

    October 24, 2008 at 4:48 pm |
  291. mark smalling


    Economy had some influence on how I have voted .(voted early)
    However I'm not too sure there is anyone running or currently in office who has the slightest idea of how to get us out of this ditch.

    And if, by chance, there are those with the know how to resolve this mess they will be more interested in figer pointing and party politics than doing a damn thing to help the country.

    mark........in Houston

    October 24, 2008 at 4:48 pm |
  292. AJ in CT

    I spent part of this afternoon with three 70+ year old women, relatives all. My mother in law had just returned home from a 17 day ordeal in the hospital and we were visiting.

    All 3 are affluent long time Republicans. To my utter surprise and delight, they are all voting for Barak Obama. I did not even bring up the issue.

    The economy was their unanimous top reason. John McCain's negativity and erratic behaviour contrasted with Obama's stateman-like poise was their second reason.

    October 24, 2008 at 4:49 pm |
  293. wakeupamerica

    I lost my job as a healthcare consultant working in the biotechnology and pharmaceutical industry in April. As a hard working professional I am fortunate to be working as an independent contracter. I have been actively looking for full-time employment for six months. Jobs are scarce. Employers don't want to pay you what you're worth, regardless of education and experience. I have a Master's degree and earned a very good salary. I'm terribly concerned about how long it will take me to find a full-time job. This country is approaching close to 1 million lost positions in 2008. I'm sure there are more layoffs and business closures to come and we may not have hit bottom in jobless claims. We have got to rebuild our economy to get people back to work. While it was encouraging to hear Alan Greenspan admit that deregulation was a mistake, shouldn't the powers that be have known this was coming? I believe Barack Obama has the knowledge and wherewithall to bring us through and place the right team in place to bring us through this challenging and difficult time.

    Obama/Biden '08

    October 24, 2008 at 4:49 pm |
  294. John

    Jack, My wife and I have already voted for OBAMA he is a special person. He understands the problems we are in and if anyone can bring change to our country and regain the respect around the world – OBAMA can.

    October 24, 2008 at 4:49 pm |
  295. Abby Cherian, California

    Unregulated capitalism is a very exciting theory if human beings did not have a characteristic called 'greed'. But with greed it is like a free ride for the rich and powerful to squeeze everything out of the common man and less fortunate. The rest of the world also got carried away with the US model. They are paying for it too.
    Today the threshold of pain for the common man has exceeded bearable limits. Today's worry, job loss, mortgage, huge national debt to be paid by the next generation, all related to economy. So the economy will dominate the election day.

    October 24, 2008 at 4:49 pm |
  296. Linda Fleisher

    The economy will be first and foremost on most people's minds when they enter the polling booth, close that curtain and are alone with their thoughts. But while many will be voting for their personal choice to bring the country out of this crisis, how many of those directly affected by foreclosure and high credit card debt will be willing to take personal responsibility for their own actions? As medical patients, we are all encouraged to take responsibility for our own physical health by eating right and exercising regularly. Don't we all owe it to ourselves to make responsible choices in our spending habits by not using credit cards unwisely or borrowing over our heads? Obviously politicians are not willing to point a finger of blame at their constituents, but by not safeguarding our economic health, we all share the blame in perpetuating the myth that money grows on trees. It's unfortunate that those of us who work hard and don't overspend or overborrow will need to bail out those who are not as prudent. LFleisher Toms River, NJ

    October 24, 2008 at 4:50 pm |
  297. Franklin - NC

    I am tired of people bashing folks who they believed should have not been given credit for items like houses, cars, credit cards, and etc. When gas prices double and electric bills triple, the extra money that folks had was spent. I am tired of people blaming other folks for this crisis. We need solutions, not finger pointing. Sadly, the people who may be able to help end this crisis may be unemployed, like me. Therefore, I will vote like many people for the canidate who can get me a good quality job within the next three months.

    October 24, 2008 at 4:50 pm |
  298. Sue, NJ

    I think the economy will greatly influence what happens on Election Day. Many voters are holding the Bush administration responsible for the mess we are in and while McCain is "no George Bush" his record does in fact show that he supported Bush in many of his bad decisions. Voters will remember that when they pull the lever.

    October 24, 2008 at 4:50 pm |
  299. Greg Woz

    "Vote Recession; Vote Republican" In my 60 years, every Republican Administration has had a recession. Don't forget, Herbert Hoover was a Republican.

    October 24, 2008 at 4:51 pm |
  300. Natesh

    A troubling economy on election day points for a CHANGE......and Obama will fair better in the election.

    October 24, 2008 at 4:51 pm |
  301. W.N.. Sanabria

    There's a myth that the entire crisis is the result of giving mortgages to people who could not pay. That was a factor, but it was compounded many times by the packaging of these into financial instruments that were unsupported by the value of the properties and by the widespread sale of these derivatives to other financial institutions. Without that, we would have a problem, but one that could have been contained.

    October 24, 2008 at 4:52 pm |
  302. Tom

    The stock market is crashing because of the prospect of an Obama-Socialist, confiscatory presidency.

    Democrats love nothing better than BAD economic news however, they say " hey, that's GOOD for us" !!

    October 24, 2008 at 4:52 pm |
  303. Patricia - Highalnd, IN

    Yes. I do belive the economy will have an effect on the election. I just hope "Big Business" keep their influential lobyists away from our elected officials. Sometimes I believe this country is run by the big business tycoons rather than our elected officials. (Like Greenspan, etc)

    October 24, 2008 at 4:52 pm |
  304. Sherri (From Mills, Wy.)

    I hope it has a serious impact. The Republicans are the party of not only the rich, but of old money. Old money doesn't like new money, and that's why there is nothing left of he fortunes made in the Clinton years.They have brought us again to the brink of only 2 classes in this nation-the rich and the poor. And if you're poor, you'd better lick the boots of the rich and act like you're grateful for every scrap! I think the bad economy, sadly, will have a positive effect. When people are starving, it gives them the incentive to get off the couch and act. When the couch gets thrown out the front door because the house has been reposessed, hopefully, people will act. It is sad, tho', that it takes an extreme crises to force people to carry put a right that some nations would kill for the opportunity to use!

    October 24, 2008 at 4:53 pm |
  305. Rex from Tennessee

    Can anyone explain exactly how the government can create only one job without the cost of it being born by the taxpayer? Government jobs don't count.
    Secondly, this election is about two things. If the people are afraid of other people on the other side of the planet, they'll vote for McCain. If they are willing to throw the dice on "Change", they'll vote for Obama.
    Thirdly, and most importantly, the man who had the real answers on foreign policy and the economy dropped out because the media blacked him out. That man is Ron Paul. Where is he now? Well the media seems to be warming up to him, and giving him more air time now that he isn't running. Have you interviewed Huckabee lately? What about Hillary? Mitt Romney? No. The media has figured out they don't really know squat.

    October 24, 2008 at 4:53 pm |
  306. Jason - Lakeville

    The impact has already occurred.

    When the dramatic events in the markets last month jolted us all awake from our decades long slumber, we looked around and realized that unless we get serious and focus on the issues that impact us all, we could very soon end up like Rome or any other "fallen empire". At that point, the only candidate speaking about specific plans and operating with the poise and resolve of a leader spiked up in the polls and has never looked back.

    Lakeville, MN

    October 24, 2008 at 4:53 pm |
  307. Kayla Pittsburgh Pa

    I cant not wait to see Obama in office. I am only 20 years old and I dont have many finacial responsiblities yet. I am just hopping by the time I do decide to make finacial investments I can trust the people I give my money too . Or to feel comfortable listening to a "expert" telling me what is the best interest of my money. I believe that Obama will set the stage and bar of security for americans. I am a REAL american trying to plan for the best future I can provide for myself. Hopefully one better than my parents provied for me. So that I can provide for my children.
    So if I didnt decide to vote on any of the other issues I surely would do it for the piece of mind I get knowing that I have the chance to work hard get paid a liveable wage and become anything I want to be in the USA

    October 24, 2008 at 4:53 pm |
  308. Charlie H

    Hi Jack. If there is one good thing about by shrinking 401k it is that McCain's poll numbers are going down with it. I hope it means the final verdict on Reaganomics..guilty as charged

    October 24, 2008 at 4:53 pm |
  309. Bill from Fairport, NY

    The election is pretty much said and done. Only if McCain pulls an amazing surprise or if the Barack supporters become complacent and stay home, Barack will probably be the next president. A better question might be, "How will the election effect the economy?" Now, based on that question who would you vote for?

    October 24, 2008 at 4:54 pm |
  310. Jerome

    When Obama gets in, we'll be the Socialist States of America.
    If you think the economy sux now...........

    October 24, 2008 at 4:54 pm |
  311. Ken


    For me I think Obama is head and shoulders above John McCain and Sara Palin. I believe he will get us out of this crisis with an intellectual approach versus lets try something until we find something that might work. The fear that I have is Joe-the-Plumber who may not have a full appreciation of how his retirement plans may be linked to the stock market may not fully understand the impact. Other than the housing fiasco, most may not fill the pinch and therefore may be thinking, what's the big deal. For some the economic pinch has been a god-send simply because gas prices have fallen. I believe the full effect will hit around Christmas after the election has been decided.

    October 24, 2008 at 4:54 pm |
  312. Trina Jones

    I work at the 4th largest real estate firm in the country – we have laid off over 100 employees (not agents) in our company. The economy is scaring people and everyone is afraid to make a move. If some good news would come out maybe things would get better. I believe regardless of who wins the election things will turn around. I blame the feds for the mortgage crisis. It's time for the American people to
    demand change no matter who they vote for.

    October 24, 2008 at 4:54 pm |
  313. Jenny from Nanuet, New York

    The worse the economy gets, the worse McCain's chances get. After all, he himself said the economy's not his strong suit. That may have been the only "straight talk" he's given us this entire campaign.

    October 24, 2008 at 4:54 pm |
  314. Graham

    Well, it will definitly affect who can physically get to the polling booth. Kinda hard to do when you have to save every dollar you have to eat since you lost your job, your house, your retirmenet and your sanity.

    October 24, 2008 at 4:54 pm |
  315. James

    Dear "Raymond Duke/Gatesville,Tx."

    The reason gas prices have gone down have very little to do with drill baby drill, and much much more to do with the world economy going in the tanks. (demand is taking a nose dive) Please TAKE OFF THE BLINDERS and wake up! When one president brings the country from large surpluses to record deficits, erodes civil liberties(the constitution has more than just the 2nd ammendment), and ruins our standing in the world, it's time to change course. Mccain is not that change in course.

    October 24, 2008 at 4:54 pm |
  316. David S. San Antonio, TX

    The economic issues will definitely have an impact and in my opinion, mostly secondary to fear. Yes, its a problem, has been before and will be again. Regardless of the underlying causes, everything from greed to bad policy, fear seems to be the driving factor, both in what is happening in the markets and in voters decisions. Most of what I'm seeing is short term, reactionary responses instead of calm, well thought out solutions. And that's from both sides, with the only difference being ideology. Make people afraid then offer security. I sincerely hope that rational thinking will prevail, and regardless of which candidate gets elected, the votes will be cast with thoughtful consideration rather than fear.

    October 24, 2008 at 4:54 pm |
  317. Wayne

    Banking/Housing Crisis isn't just the Repbulicans. The Obama White House ? Now that is scary ! We'll see

    October 24, 2008 at 4:54 pm |
  318. deborah

    i am a mortgage loan officer. i feel the blame should not be completely on the banks. alot of these consumers purchase homes they know they cannot afford. they dont read what they are signing. all they want to do is buy this wonderful house! i am constantly denying applications telling people we dont show they can afford this home. they simply dont understand why they cant. eventually, they will find a lender that will do the loan and charge a high interest rate, lots of fees and maybe even a balloon payment. and then the homeowner cannot understand why the loan eventually goes into foreclosure because they cant make the payments.

    October 24, 2008 at 4:55 pm |
  319. Les Shulman from Churintzio, Mexico

    Talk about clouds with silver linings! The economic crisis will propel Mr.Obama inro the presidency and make both Houses of Congress decisedly Democratic. Hopefully, then, Mr. obama will have the political and moral will to effect long range progressive economic and social policy change.

    October 24, 2008 at 4:55 pm |
  320. Mark

    It's simple Jack......A taxpayer voting for obama is like a chicken voting for Colonel Sanders!

    October 24, 2008 at 4:55 pm |
  321. Sonny/Washington State

    It is obvious that the economy is the major push behind Obama being swept into the presidency but everyone keeps forgetting about 401ks. Wall Street and main street are tied together. As the companies we work for lose value so goes our retirment savings. When there are different political parties in power the market on average rises +7 percent. The same party in power in both the legislative and the executive branch on average cause a – 8 percent return. There is also talk that Obama may do away with 401ks in favor of a government backed retirement program that yeilds only 3%. I fear the market is already reacting to the upcoming election and a US run by Pelosi-Reid-Obama.

    October 24, 2008 at 4:56 pm |
  322. Brian in Laguna Beach

    I think the Republicans are learning a tough lesson this go round. Fear, ironically, has a way of working both for you and against you. And the fear for the economic future of this country is trumping all others in this election.

    October 24, 2008 at 4:56 pm |
  323. SouthernBluegrass

    The economy should be front and center on the election stage. The U.S. is in two wars costing tax payers billions of dollars a month while Washington continues to seek ways to bail out wall street billionaires. Its time to force the candidates to talk about main street economics and fortunately the country can now see the John McCain is clueless on this issue, especially since his RNC is quick to justify spending over $150,000.00 and exagerrate their concern for Joe the not so plumber.

    October 24, 2008 at 4:56 pm |
  324. Curt

    Not only will the state of the economy impact the election, it will impact each and everyone of us for many years to come. Whoever is elected will have a very difficult time unravelling the mess that's been left for them on many fronts. However, getting a stable economy is the most important as it will dictate how many resources can be used to address the other concerns. I have more confidence in the steady thoughtful ways which Mr. Obama confronts issues than with the knee-jerk reactive approach of Mr. McCain. So the economy is certainly impacting my decision on election day.

    October 24, 2008 at 4:56 pm |
  325. Tony

    This should have a profound effect on the election, however I fear that most citizens of my great country do not understand what’s really at stake. Subprime loans were also give to the weathly, not just the poor. They are called jumbo loans. In Atlanta, there are a ton of $900,000 homes that are in foreclosure. These homes have a much larger effect on the death spiral that our economy is in when compared to one or two 100k homes.

    October 24, 2008 at 4:57 pm |
  326. Dr. B

    The troubling economic news will determine the outcome of the election. Radical islamic terrorism isn't as scary when you can't afford a home, food, gas, or education in your own country. However, the US government will hand a trillion dollars of your money to the richest Americans on Wall Street. I think we have a new category of terrorism. Domestic economic terrorism.

    Dr. B
    Bloomington, Indiana

    October 24, 2008 at 4:57 pm |
  327. Heather

    Reading the comments here actually gives me a lot of hope that Americans can agree on something, that we need a change from a corrupt system of corporations without conscience and vulture capitalism run rampant.

    Thank God someone in power is telling the truth about predatory lending. I am a small business owner with a nine year old business who started out 2006 with a 720+ FICO score having had a stellar credit rating my whole adult life, doubling my business in 2007-2008 in a recession economy.

    I had massive amounts of credit available to me, due to careful spending and no late payments. Chase Bank and American Express, lowered the available credit on my cards by half and jacked up the interest rates to 27% without any late payments . I had cash reserves and was able to pay off the cards. I am in the wholesale trade and scores of my small retail clients have gone out of business because their lenders have changed the terms of their agreements. My credit rating suffered greatly because the use of my available credit was bumped into a higher ratio through no fault of my own.

    I will never again accept a loan that does not have fixed terms.
    The unspoken rule of American small business is that many of us have started our businesses on credit cards. The credit card companies have made huge amounts of money off us, and then without warning, they hold a gun to our heads. It's bad business, and in the end they will go out of business after we do. because there will be no more blood to suck.

    For the first time in my adult life, I feel proud to have a real choice for president. I'm an entrepreneur and I am excited about new opportunity and growth during the administration of our new president, Barack Obama.

    October 24, 2008 at 4:57 pm |
  328. Diane Dagenais Turbide

    Hi Jack,

    don't you think it is funny the argument that people will be giving Obama a blank Cheque...maybe it will say to every american getting a job : Yes you can cash that new pay check!

    Take care,
    Diane Dagenais Turbide

    October 24, 2008 at 4:57 pm |
  329. Charles Braley

    Obama has no clue on how to address economics and I defy anyone to give me evidence to the contrary. He may have been steady during the recent turmoil, but standing by unsound ideas for the economy gives me no sense of security on this. I may not like McCain but at this point any ideas are better than those offered by the Dems and Obama.

    October 24, 2008 at 4:57 pm |
  330. Mark

    as a European ( Irish ) i'm amazed that Americans are even considering the republican party as capable of running the united states with mccain/palin in charge. it's been one disaster after another with bush in charge. if this happened in Europe bush and his entire clan would have been booted out the door years ago. if obama doesn't win, America will need more than prayers to help it.

    October 24, 2008 at 4:57 pm |
  331. Chris in Nevada

    Hey Jack: Sure I think it will have an effect. People tend to hold the incumbent administration responsible whenever things like this happen. Sort of the Capt. of the ship is always responsible. Sen. McCain is running on the republican ticket and he is going to have to work pretty hard not to have it affect his campaign just for that reason alone.

    That's unfortunate for Sen. McCain b/c, as I understand this sub prime mortgage crisis, the deregulation that allowed it to happen was largely the doing of democrats. Not to mention the fact that Dems have had a majority in congress for the past two years. Somebody tell me where I'm going wrong with my thinking on this?

    October 24, 2008 at 4:58 pm |
  332. JLS

    Almost all Americans decided who they were going to vote for months ago. The economy may be an issue for the 2% or so of people who hadn't made up their minds. That's why these poll results are so fishy. Why don't they ever tell us of those that were polled, how many are Democrats and how many are Republicans? That would tell an awful lot.

    October 24, 2008 at 4:58 pm |
  333. Francisco lancaster, pa

    Jack the economy is this difference as the war was in 04' the only big difference is we have one candiate focused on a direction of fixing the problem while the other one is too busy worrying about earmarks and accorn, just shows how much of a CHANGE we need in goverment.

    October 24, 2008 at 4:58 pm |
  334. Breann from North Dakota

    Whether or not the democrats take control of the house, senate, and the presidency is a big issue. The economy is a big issue this election and the American people are obviously worried about the issues that are going to face us in the near future. Clearly the American people are worried because of what the Bush admin. has done and are seeing the need for change. I feel that McCain is worried about the "elite" group and Obama is worried about the "middle" group. Having someone that is willing to try and help the American people is the person that needs to be elected on November 4th. I am willing to take a chance with all the power in control, that way something can be done for the American people instead of the rest of the world.

    October 24, 2008 at 4:59 pm |
  335. Daniel H

    listen, it is bad that corporate greed put people in positions to overspend their means, but, why are we not blaming the people that signed the bad mortgages, the people that ruined their credit, quite frankly large companies did enable the spending, but nobody forced peoples hands at signing the dotted line. I am happy to see the mess people are in, maybe one day people will have enough fiscal responsabiliy to say no to subprime mortgages and $20,000 credit cards. We need to focus on both the companies and the people who spent wrecklessly.

    October 24, 2008 at 4:59 pm |
  336. Carl in Canada

    I have to say, Liberal policy aside, if I were American I would have to go with Obama in these uncertain times only because he promises health care. With the increase in layoffs and losses, more people will lose health care.
    If lose my job up here, health care still doesn't cost anything. That's worth more to me than anything else, and the most important thing than gets me to the ballot.

    October 24, 2008 at 4:59 pm |
  337. Genie, New York

    It took a disaster of such magnitude for us Americans to realize that we nee real change in Washington. It is sad but the economy we are facing today is a blessing in disguise. An OBAMA/BIDEN administration will start the cleaning.

    In the end AMERICA will rise, rise and rise again

    October 24, 2008 at 4:59 pm |
  338. Mike, Illinois

    Tom has it dead on. The markets started slumping as the Obama/Biden ticket gained in popularity throughotu the polls. The stock market is reflecting the fear of big government and bad ideas.
    If everyone thought Obama was the saving grace why are the markets headed down when his poll popularity is headed up?

    October 24, 2008 at 4:59 pm |
  339. Steve of Hohenwald TN.

    The economy is strong for us rich folks, so lets all vote for McCain and keep it that way. If Obama wins, i will have to give up one of my seven homes, and pull my weight for a change, instead of ripping people off. Give them onother chance and Sarah will burn some witches for ya.

    October 24, 2008 at 4:59 pm |
  340. Ryan

    Its sad that this election may be determined by a web of lies weaved by the Democratic Party. So many Americans are quick to blame the 'face' they see as currently leading the US. In fact, it was the Democratic party who voted to allow risky loans to those who couldn't afford it. It was the Democratic party, including Sen. Obama who voted multiple times to NOT regulate these risky loans because it would take away what they gave their voting base.
    The mainstream media is so far in the tank for Obama that it is swaying the public. Journalism is dead and the left wing agenda will advance. If you truly did as McCain asked, you would look to the record to find out who had been trying to advert this disaster and who was the one voting to allow this disaster to happen.
    I believe people who are voting for Obama are ill-informed and have not taken the opportunity to look into what Obama is taking away to give to everyone. "Spreading the wealth around" will not help poor people do better in life; it will enable them to stay that way.
    Will the economy have an effect on the election? Absolutely. Any government that robs Peter to pay Paul will get the vote of Paul.

    October 24, 2008 at 5:00 pm |
  341. Sean Lewis New York City

    It focused the American people on a topic that was substantial for a change, even if some of the candidates choose not to discuss it.

    October 24, 2008 at 5:00 pm |
  342. Eric - Orlando, FL

    Yes, i beleive that the economy will have a big impact on the election. But i beleive that race might have the same impact too. This is going to be interesting since this country is still not over the issue of race.

    October 24, 2008 at 5:01 pm |
  343. Bernadette

    History has proven over and over again, Republicans are bad for the market. When Clinton was in office the DOW grew 221%. (3,242 on 1/20/93 when Clinton entered the White House and 10,588 when Clinton left on 1/19/01 or a gain of 27.6% per year). When Bush Jr. entered office the DOW was at 10,588 and now it less than 8,600. Bush Jr. caused no growth in the DOW during his 8 years. Bush Sr. grew the DOW only 38%. The Clinton administration grew 22 million new jobs to our economy and the unemployment was 4.1% when he left. Now, the unemployment is at 6.1% and so many companies are in trouble now.

    October 24, 2008 at 5:01 pm |
  344. Stephen

    Probably a lot... Obama has shown the ability to inspire people to invest in him. He has raised so much money that he is a thriving economy. As they say "follow the money"... he can only help our economy as long as we the people resist fear.
    Rather it is or job to think what is the best action we can take to help the economy thrive? What can I do to make things get better in my town, city, county or state?
    The only way Washington ever changes is when a new thought occurs there, a rare thing, and Obama will certainly bring new thoughts and change because he is totally different.
    Fear is not an option, period.
    For a better economy we all need to imagine it being present in our lives, to discuss it and then make it happen.

    October 24, 2008 at 5:03 pm |
  345. DONNA

    It will have a huge impact, as it should. The Democrats will come in and repair the damage inflicted by the current adminstration just as Clinton had to fix the mess created by the Daddy Bush adminstration.
    Donna in Massachusetts

    October 24, 2008 at 5:03 pm |
  346. Ziggy

    I have stated from time to time that ignorance abounds throught the land. Of course the economy will affect the election. However placing blame for this crisis seems to be badly misplaced. From all that I can see the Housing Crunch has caused the Stock Market to falter. And The major culprits seem to be Congressmas Barney Frank of Mass. and Chris Dodd of Conn.

    I am not happy with the current situation either but lets not blame President Bush as he didn't change the regulations to allow people who didn't have any chance of paying a big morgage to get a loan.

    And folks, it is time you took personal responsability for your lives. The President doesn't owe you a job or a hand out. You have all the tools, you just have to apply them!

    October 24, 2008 at 5:03 pm |
  347. Jim S

    The economy will be the number one issue in this election. Americans have just witnessed record high gasoline prices without an energy plan; rising unemployment and mortgage defaults; a record federal deficit and record trade deficit; a huge debt to bail out the mortgage industry and the the banks; and a $10 million a month war in Iraq. American's know that this cannot continue with the same policies and leadership philosophy. Obama will win as the economy continues to crumble and falter and he will reach across the aisle in an effort to right the ship. he's the best hope Americans have.

    October 24, 2008 at 5:03 pm |
  348. Allen in Hartwell GA

    Jack, I would hope a lot, and I would hope that if the voters in each state can identify their congress"people" and senators as being part of the problem, the voters will elect someone new and let the career politicians know that we are tired of "annointed" officials, and instead want "selected" officials who represent the people, and work for the good of the people and the country.

    October 24, 2008 at 5:04 pm |
  349. Chris

    The economic meltdown happened because there is no distiction between corporate America and Congress. One hand washes the other. It will never change until the money stops flowing to politicians.

    October 24, 2008 at 5:04 pm |
  350. Nissim Sasson San Diego CA

    a 75% – 80% Effect

    October 24, 2008 at 5:04 pm |
  351. Daniel, Indiana

    Unfortunately, Jack, not enough. There are still too many Republican/mcCain backers that believe that what got us into this mess will get us out of it. The policies of the trickle-down crowd don't work, but many believe that it is the right way. They believe that redistribution of money from the average man and giving it to the rich and the corporations isn't welfare or socialism, but redistribution of money from the rich and corporations and giving it to the middle and lower classes is socialism. The Republicans have been convincing people for too long that there should be no taxes. Unfortunately, government won't operate without funds. I guess they want to privatize the police and firefighters and make everyone pay for their services before they will understand the need for taxes and social policies.

    October 24, 2008 at 5:04 pm |
  352. Johnny

    After 8 years of the Republican strategy this country is in a real mess. This Idiot had just about ruined our country . How anyone could vote for 4 more years of this is beyond me. We have a clear choice, the McSame or someone with new Ideas and the energy to try to clean up the mees we are in. This is off subject, but, would someone tell me if we declared ourselves the winner of this war–who would we accept a surrender from?? Who is the enemy?

    October 24, 2008 at 5:04 pm |
  353. e

    John is right! Politicians are guilty for making people take faulty loans! Why, I'd still be living in my income appropriate rental if it wasn't for them! This isn't fair! And where is the health care the have been promising? These are my American rights! Educate my kids, keep them healthy, and support me financially and morally! Obama in 08!

    October 24, 2008 at 5:04 pm |
  354. Dave, Los Angeles

    The tough economy might be the clincher in the 2008 election. The American people are looking closely to see who will spend their tax money WISELY. If Sarah Palin requires $150,000 of donor money to clothe her for 3 months, then what will she spend with America's tax money?

    Los Angeles

    October 24, 2008 at 5:05 pm |
  355. ken - florida

    The economy is definately going to determine the election this year. I hope it goes the way of the Democrats, out of the past 28 years the only time average americans were prosperous was when we had a democrat in office, i supported Bill Clinton, and Voted for Obama on the first day the polls were open here in Florida. Obama/Biden 08 and in 12 also.

    October 24, 2008 at 5:05 pm |
  356. Jack from the Bay Area CA

    I believe the current crisis will have a huge impact on the election. The republicains have had more than enough chances to prove that the trickle down no oversight over business politics they had been pushing for years would work. We have now all seen, to the cost of our retirements and childrens educations that it does not work.

    As usual, we now need to rely on the democrats to clean up this huge mess, and I do not think anyone wants ANY republicains getting in the way of that process, so most will be voted out of office, so our country can recover as quickly as possible.

    October 24, 2008 at 5:05 pm |
  357. June in Canada

    I think we have already seen that the economy is having a major effect on this election. All the negative campaigning, the fear tactics and outright lies are not working. Americans finally understand "It really is the economy stupid."

    October 24, 2008 at 5:05 pm |
  358. Karen

    I can't believe everyone on this web site is blaming George Bush for the economy. It was years ago that the dems began pushing for everyone to buy a home. That was where the trouble began. Loans to people who obviously could never pay them back, and for amounts that were rediculous. This began under Bill Clinton. If Obama has his way he will tax businesses to the point nobody will have a job!

    October 24, 2008 at 5:06 pm |
  359. Troy

    The economy has already decided the election, Obama will win. The average Joe is ready for a significant change. The real question is, how will the election affect the economy?

    October 24, 2008 at 5:06 pm |
  360. Sal

    A LOT! I want the republicans out of office. I fear I may lose my job in county government as early as March and I blame this on the current republican party.

    October 24, 2008 at 5:07 pm |
  361. Chris in Nevada

    Anyways on the economy influencing the election, I think Sen. McCain should focus a little more on energy policy as he campaigns.

    I'm sure lower energy costs will start things moving again economy wise....even if it takes time. This in addition to fixing the deregulation that allowed sub prime mortgage crisis to happen. Things will be tough for a while, but we are Americans and we will get through.

    Somebody please forward this to the McCain campaign. They can thank me later. Grin.

    October 24, 2008 at 5:08 pm |
  362. rick from California

    I believe the economy will absolutely have an effect on election day. the turnout is going be more than we ever had in history. Middle class americans need someone in the white house who understand and appreciate the working class. We need someone who understands taxes, small business and the economy. We don't need someone who doesn't even know how many houses he owns or a "soccer mom" who spends 150,000 on clothes. This clearly shows how out of touch they are with the real working mom and dad's.

    October 24, 2008 at 5:08 pm |
  363. Elle from Pullman, WA

    Jack, of course the economy will effect the minds of most voters – the real question goes to those who AREN'T voting with the economy in mind. Those who are voting based only on looks, age, race, heaven forbid "party lines" or anything else OTHER than the issues are the ones to blame for running this country into the ground. It's those ignorant people that scare me the most when it comes to the electoral process.

    October 24, 2008 at 5:08 pm |
  364. Kelly from SP

    The Economy will cause the people to stand in long lines for hours, determined to vote. Sometimes it takes situations like this to make motivate people to get out and vote.

    October 24, 2008 at 5:08 pm |
  365. Jug, California

    The people do need to be mad, but at the right ones. The DEMOCRATS started down the road to the housing/loan crises in 1977 under President Carter. It continued under President Clinton expanding faulty financing in 1999. In 2005 the DEMOCRATS blocked a bill to correct Fannie Mae and Freddie Mac from accepting poorly structured loans. The Maes and Macs gave 13 millon to Sen Dodd, 3.5 million to Sen Obama and 3 +/- million to Barney Frank (Public Record) to support their bonus system that was based on accepting all those bad loans. So what we find is the source of the problem is the DEMOCRATS, even though it took 30 years for the balloon to rupture.

    October 24, 2008 at 5:09 pm |
  366. Jeffrey C. Berry

    No you all have it wrong! Everything is George W. Bush's fault. Bush made folks take loans they could not afford; Bush made Congress sit on their thumbs and require Fannie and Freddie to make stupid loans (of course it was not Barney Frank or any Democrat that could possibly be wrong here); and of course Bush is responsible for speculators who are killing my mutual funds and retirement.

    It could not be the citizens fault we are just Democratic victims not responsible you anything we do!

    October 24, 2008 at 5:09 pm |
  367. Rod

    Can you say landslide Jack!

    October 24, 2008 at 5:09 pm |
  368. Tim Dugan

    The economic and credit crises have made people look hard at the candidates–and look past race, because self-preservation is a strong reflex. It drowns out the hate mongering and divisness of the McCain ads and campaign.

    October 24, 2008 at 5:09 pm |
  369. Geno - North Carolina

    It will affect it more than any other issue. Nearly everyone is hurting from this economic crisis and will possibly turn even racist heads towards Obama if they truly believe he is the solution.

    October 24, 2008 at 5:10 pm |
  370. Grant (Denver)

    I wish I could tell you Jack, but I'll have to wait and find out by watching the news; I can't afford to leave the house.

    October 24, 2008 at 5:10 pm |
  371. Julian A Torry

    Except for the RICH, everything!

    October 24, 2008 at 5:10 pm |
  372. Brian Wicks-Woodland Hills CA

    It would be closest to the heart. Not race age nor the questionable judgment arising from selecting an incompetant running mate!!

    October 24, 2008 at 5:10 pm |
  373. Anne in Oregon

    I am hoping the "troubling economic news" will result in a landslide for the democrats. In these hard times, while people may have other issues that are important to them, they will vote with their pocketbook. I just hope the democrats don't screw this opportunity up!

    October 24, 2008 at 5:11 pm |
  374. Joe Q. Public


    October 24, 2008 at 5:11 pm |
  375. david b

    The economy has turned this election upside down. But the real story is the total incompetence of George W. Bush. McCain can huff and puff but he can't blow away his 90% support of Bush, including Bush's economic policies.

    October 24, 2008 at 5:11 pm |
  376. RED

    I voted for NONE OF THE ABOVE!

    October 24, 2008 at 5:11 pm |
  377. Nancy

    It could have a huge impact on the election IF the people knew the candidates were truthful in their claims. We need a leader who is wise, steady and listens. That means Obama for me. I pray I haven't been foolish to believe in my instincts.

    October 24, 2008 at 5:11 pm |
  378. James L

    The last time I looked at my 401-K it was painful. ... When I vote on November 4th, I intend to make sure that all Republicans in NC feel my pain !

    October 24, 2008 at 5:11 pm |
  379. Dennis from Albuquerque

    It's the war, it's a President with no moral compass; but most importantly, it's the economy stupid.

    October 24, 2008 at 5:11 pm |
  380. Sam

    Anybody remember that Congress is controlled by the Democrats? We need change, right?

    October 24, 2008 at 5:11 pm |
  381. Jo Ann

    of course the election will be effected by the economy. Election for a turn around in power can be decided in 11 days.. the eonomy won't turn around that soon

    October 24, 2008 at 5:11 pm |
  382. Don M

    This is the key problem in America. People look to pols to fix economic problem. What do politicians produce? Who do they employ? What they really do is tax the productive and try to nudge the unproductive ahead. If you think that works then I suppose you will vote enthusiastically for Obama or McCain. Good luck! Until you realize you and your neighbors are the ones that make the country go, not some idiot in Washington – the country will suffer.

    October 24, 2008 at 5:11 pm |
  383. Mark

    This is a NO Brainer
    The Republicans were in control under Bush. (and look where were at)
    The Democrats will be in control under Obama
    SO yes it will have an effect on the election, but FINALLY the correct one!

    October 24, 2008 at 5:11 pm |
  384. Chris in CO

    Whoever wins, we are likely in for a pretty severe recession. But as for everyone saying that Obama is stronger on the economy, try reading some unbiased news every once in a while. The WSJ editorials slam Obama's economic plan almost every day, basically as just making a bunch of promises that he will pay for by taxing the rich. There is no way his economic platform works.

    October 24, 2008 at 5:12 pm |
  385. ken domke

    people aren't saying the D word (depression), but we sure are thinking about it, and those thoughts will be on our minds when we go to the polls and give Obama the most lopsided victory since 1984.

    October 24, 2008 at 5:12 pm |
  386. Donna

    It will have a huge impact. My $3800 in my deffered comp fund now dwindled to $3100 will cause me to vote for a change from what we have had the last 8 years. As you can tell I can't afford another 4 years of Bush in the White House.

    October 24, 2008 at 5:13 pm |
  387. Brian

    Well, Jack, all it takes is a simple look at recent history in American economy. Under the Clinton Administration, the economy boomed, the middle class saw unprecedented prosperity, and we closed out the millenium with a SURPLUS. Flash-forward to eight years later, and our economy is on the brink of a DEPRESSION. Vote for more of the same and go McCain. Obama/Biden 2008.

    October 24, 2008 at 5:13 pm |
  388. Clare Braham

    I firmly believe that it's NOT race that will be the factor when people go into the voting booth. I believe that there are a lot of people who say they are going to vote McCain, but when they do get into the booth – will realize that the only hope to get out of this mess is to vote for change – and will vote Obama.

    October 24, 2008 at 5:13 pm |
  389. Emily

    I hope so. What other evidence does America need to prove its time for a new direction? I'm lucky to have a job here in Michigan, but I can't sell my house and my 401k is in serious trouble. It has felt like a recession for a long time in this state. I think that shows in the most recent poll that puts MI in Obama's column.

    October 24, 2008 at 5:13 pm |
  390. Kalley

    It is my belief that the economy will have the most significant impact on the election, perhaps since 1912. If the media reports most about the economy, that is what will be the top issue. I don't think you guys give yourself enough credit when it comes to your influence over Americans.

    October 24, 2008 at 5:13 pm |
  391. Jarrod

    Jack I know this sounds terrible and controversial. I think this country needs change and Obama represents that change. We need to do everything we can to get him elected, so everyday I see the stock market down 200+ points a little voice inside of me cheers yahoo, because I know it helps Obama.

    October 24, 2008 at 5:14 pm |
  392. Suz, Kansas City

    Asking how the economy will affect the election is like asking how a hot oven will affect ice cream. The relationship and the outcome is certain at this point. No way to turn the oven off, or make it blow frozen air. We'll have to settle for a sticky mess, no matter who wins. It's supremely unfortunate that the conservative choice is not the intelligent choice.

    October 24, 2008 at 5:14 pm |
  393. Phyllis Leff

    The real question is: What effect will the election have on the economy? Does anybody really think either one of these clowns will make much of a difference. This is a cycle that will have to run its course.

    October 24, 2008 at 5:14 pm |
  394. Dave in Illinois

    I wish we had an economy instead of government owned banks and weeping willows on Wall Street,

    October 24, 2008 at 5:14 pm |
  395. Antonio Geer

    Jack a lot really because if we stupid as a nation and let Mcbush get in office the problem will not end, it will continue and lt will get wost because if u see wat the real bush is during with this 700 billons dollar then wow will happen if a older copy get control with palin looking like she will run the country.

    October 24, 2008 at 5:14 pm |
  396. Independent Voted 4 McCain

    I am sick and tired of hearing about the economy this, and the economy that. It is the fault of the democrats in congress that got us into this mess when John McCain sounded the warning bells. No one listened and went right on making loans that shouldn't have been made. Yes, it will have an effect on the election, and hopefully "re-distributing the wealth" doesn't win out over giving tax breaks and incentives to companies to bring jobs back here to the USA. I did the research, and next to Japan, US companies are paying the highest taxes in the world. It is a fact... Wake Up, America as Obama/ Biden do not have a clue. I am so scared for this country right now as we do not need a loose cannon, and some "pretty boy" in office right now. Vote McCain/Palin – You know it is the right thing to do!

    October 24, 2008 at 5:14 pm |
  397. Rick C

    It depends how you look at this with the Republicans and Sarah Palin $150.000 wardrobe I feel the economy must be just fine. So I have to figure if the Republicans can gives all that kind of money -maybe they spare some money for us and let us improve the economy.

    October 24, 2008 at 5:14 pm |
  398. Deanna

    "Nothing changes if nothing changes" and we certainly do need some changes. I think Obama and the people he chooses to surround him can make those changes - slowly but surely.

    Deanna in Ohio

    October 24, 2008 at 5:14 pm |
  399. Jan from NW Iowa

    Our 401K are invested fairly conservatively – and we have seen a loss of 15% in one year. Who do I blame – The Republicans and Bush administration. I leaned towards McCain – but he loss my vote completely when he stated in September, "The economy is strong!" The rest of us could see things were going down the man has not one inkling of how things are for us common folks on the street.

    October 24, 2008 at 5:14 pm |
  400. Anthony B.

    The economy has given the American public smelling salts to wake them up from the nonsense of debates about Rev. Wright, patriotism and Bill Ayres. Voters seem to realize that no amount of "swift boating"will save them from foreclosure, make grocery bills affordable, save their 401ks from dissolution or fill the gas tank.

    New Haven, CT

    October 24, 2008 at 5:14 pm |
  401. Harvey

    Jack, the world will get better immediately knowing that Barack Obama is gonna be at the helm. We just have so much confidence in him and the world will come on board with him to solve our world's dilemma.

    October 24, 2008 at 5:15 pm |
  402. Clarence

    Jack, if you are happy with the last eight years, then voting for McCain/Palin will allow you to continue your happy journey. I want change and do not believe the Republicans can bring the kind of change this country needs. Obama and team can and will.

    October 24, 2008 at 5:15 pm |
  403. Mel from Manitoba

    It shouldn't be a problem if you vote for John McCain. After all, he knows the "fundamentals of the economy are strong". He definitely has his finger on the pulse and makes sound decisions. Look at his choice for a running mate. DUH!!!

    October 24, 2008 at 5:15 pm |
  404. Mark from Houston

    History will tell... that bad economy in 2008 saved the USA by ensuring Obama's landslide victory.

    October 24, 2008 at 5:15 pm |
  405. raj

    The so called "trickle down economy" has trickled down to nothing. The coziness of this administration with wall street (i.e treasury secretary from Wall St), oil industry, lack of controls, be it in conduct of war, hurricane katrina, or general administration of the country, has ruined our country (may be beyond repair – even though I hope not)

    The vote for Mccain and Palin is going to be same old, same old economic policies. I understand some of the so called social conservatives have strong emotions about abortion and religion. But we do not elect president to bt the moral authority, but to manage the country and only Obama is qualified.

    So go and vote for CHANGE......and get this country on the right track again.

    October 24, 2008 at 5:15 pm |
  406. Dick G


    Let's hope the economy will create the change needed to put the country back on the track of creating rather then consuming. I for one am really tired seeing every one with their hand out and no one lending a hand. I think it is time for the leadership and insight that only Obama can bring. McCain's trickle down is just more of the same.

    October 24, 2008 at 5:15 pm |
  407. Beth

    Good reason to go with McCain. After all the things I have read on Obama in the past few days, I was going to go with Obama, but not after the his comments on the flag and the national anthem, just too radical for me. I can only hope that others will feel the same way. Obama changed my mind, McCain all the way now. Beth in Michigan

    October 24, 2008 at 5:15 pm |
  408. David

    It should, if the case were made fairly, favor McCain.

    Neither can claim to have seen this coming (if either saw a crisis like this coming, and didn't spend every speech they ever made speaking about it, they should be considered a suitable candidtate).

    There has been no real advantage (and, contrary to claims, Obama's mortgage moratorium would probably do more harm than good and rewards people that contributed to the crisis).

    So it come down to experience and, for my money, nobody in their right mind wouldn't go with McCain.

    October 24, 2008 at 5:15 pm |

    It's apparent the economy is having a large effect on the voters' choice. From the comments of the readers of the article who are responding, they know nothing of the effects of Fannie Mae and Freddie Mac and the Community Reinvestment Act (CRA) and the Democrat support of the two, which has a great impact on the financial meltdown.

    October 24, 2008 at 5:16 pm |
  410. Todd, State College, Pa.

    Well considering the economy has been the number one issue for months now, even well prior to the full on chaos last month, it'll have a big impact. And even though I don't believe in placing confidence in polls they can show general trends, and obviously everyone has known from the beginning that a bad economy helps Obama and that has played out in the numbers over the past six weeks. But once again, people poll with their emotions. They vote with their hearts and minds, so we'll see.

    October 24, 2008 at 5:16 pm |
  411. Robert

    Hey Jack,

    The economy is THE issue of this election. The failure of our economy is a direct effect of our both our domestic and foreign policies for the last eight years; which have been upheld by one of our options before us on November 4th. I predict a massive shift in thought process not only among the general public but also among those in congress because avoiding the 500lb gorilla in the room will only take you so far.

    – Robert

    October 24, 2008 at 5:16 pm |
  412. JP

    Troubling news will help to ensure a Democratic victory. After eight years of a Republican administration, it's time for a change. Remember, "it's a new broom that sweeps cleanest".

    October 24, 2008 at 5:17 pm |
  413. Joe

    The economy, has everything to do with the outcome of election day, We all know that. It's time to move on. Tell your viewers to buy stocks, and start businesses. Int 2009 Obama will be President, the rest of us need to start doing our part to climb out of this hole.

    October 24, 2008 at 5:17 pm |
  414. Sly, Alpena, Mi

    I'm down $55,000 in one of my retirement accounts, and that, will influence how i vote on Nov. 4th.

    October 24, 2008 at 5:17 pm |
  415. Don in Niantic CT

    The abject failure of our economy is merely a symptom of what the last 8 years have wrought upon us. Neo-Conservatives are not interested in governing; they are only interested in being in power. This is borne out in how they have "managed" domestic disasters like Katrina and foreign affairs like the Iraq "war." It is an absolute disaster that would have my fiscally conservative and socially responsible Dad – a lifelong Republican – rolling over in his grave. The growing tide of support for Obama is likely due to the awakening of middle Americans who finally recognize they've been had for these last 8 years. This election will be a referendum on competence in governing that no amount of neoconservative Swiftboating tactics will derail.

    October 24, 2008 at 5:17 pm |
  416. Beth McFadden - Ridgeway, SC

    Guess what?

    "Trickle down" economics isn't working and the American people know it.

    If tax cuts for the wealthiest Americans lead to job creation, well then, would someone please tell me where those jobs are?

    Many of us out here are ready to give "trickle up" economics a try. As a member of the middle class making less than a quarter mil a year, I'm excited about being able to vote for a tax cut for myself.

    Hoo wah. Go Obama Go.

    Wall Street has gotten more than their share. Spread a little wealth my way.

    October 24, 2008 at 5:17 pm |
  417. MR B

    the way to solve the economy problem is to offer 10 incentives to people buying homes-include $20,000 ,automatic citizen ship,stronger tax breaks,interest reduction for new home purchases,propert tax waiver on new home buyers,allow rentals for new home buyers tax free,waiver on back taxes owed,government special finance deals for lower income people,-if homes start selling-prices go up-people start buying good for the new homes-its not enough to stabilize-we must do powerful incentives for people who buy homes now-this is the only way to save the economey-

    October 24, 2008 at 5:17 pm |
  418. 14 year old in ILL

    Like one of jonh mccain people side "if we keep talking about the ecomony thay'll lose" .

    October 24, 2008 at 5:17 pm |
  419. Beth

    I wish I knew! I am surprised there are still people supporting the republican ticket! I hope that people realize that we need the democrats back in the White House so we can get out of this financial mess.

    October 24, 2008 at 5:17 pm |
  420. NimeshPerera

    The troubling news of the economy will influence this election more than any other election in history. If the troubling economy continues it's current voter trend, then the 2nd highest glass ceiling will be shattered.

    October 24, 2008 at 5:17 pm |
  421. bia

    for 8 years we have suffered at the hands of an administration that was simply power drunk they did what ever they wanted to do. We were pushed into a war on a lie people lost their children, homes, finances, jobs and many of us have nothing left you bet on Nov 4, 2008 there is gonna be a earthquake can't you feel the ground shaking now this country has been rode hard and put away wet! You will hear our voices loud and clear change is on the way we can all feel it in the air!

    October 24, 2008 at 5:17 pm |
  422. Yves

    George Bush and John McCain have to get out of the White House .... yesterday!!! This election is not coming quickly enough. We need a change and Obama will have his work cut out but his new fresh approach is going to be very positive.

    October 24, 2008 at 5:18 pm |
  423. Alex H, Naperville Illinois

    It will have TONS of influence, but sadly not quite in the right way. Most congressmen and presidential candidates don't even come close to understanding the complex economic systems at work, and most voters are even worse off. But what the heck, at least we've stopped obsessing over the other "issues" like Bill Ayers or the number of houses candidates have.

    October 24, 2008 at 5:18 pm |
  424. Frank

    Jack, it's the economy with a capital E. The republicans; the president together with his senators should retire if they have any shame at all. The house should be occupied by the dems and independent minded people. John McCain should retire too. He is no more the honest man he claimed to be. Plus he has no good economic plans to rescue the current economic problems.

    October 24, 2008 at 5:19 pm |
  425. Carol

    I am not sure that even our government officials appreciate how bad the economy is....especially for the retired living off their 401's. Let's throw the bums out and replace them all...and this is coming from a recovering Republican. Go Obama!
    Carol in Missouri

    October 24, 2008 at 5:19 pm |
  426. dianne

    Jack, if it were not for the economy I don't think that Obama would have stood a chance at becoming president. While America wants and need change, I don't feel that most are ready niether want a black president. Following Obama's campign and seeing how he handles himself sold me on him. I have never been so excited about an election in my 48 years of living. It's a great day for Americans. Dianne

    October 24, 2008 at 5:19 pm |
  427. Lamar I

    Barring a convenient national security incident the economy is already having its impact. The people have awakened to the facts of extremely troubling events their leaders have done in the recent years and we are angry. I just early voted today and I hope everyone else does. It is time for the rumbling of a ‘put the citizens first’ wake up call that shakes our representatives out of their boots.

    Austin, Texas

    October 24, 2008 at 5:19 pm |
  428. Joesph in Las Vegas

    Becasue of the current tragic state of the US economy, the republican party will be wiped off the map. We started down the road to an economic meltdown with Mr. Reagan's policies ; Mr McCain will just finish the job. Bring back a government that is by the people and for the people. Vote for the guy with the intellegence to do that and restore America to its former greatness.

    October 24, 2008 at 5:20 pm |
  429. Emma

    The election will encourage people about our economy or discourage them, depending on the winner. Although there are several issues that we face, all of those issues are tied into our economy. I think jobs are the most important factor. Good jobs create good consumers, good consumers create good business, good business creates good investments....Jobs, jobs, jobs.........The republicans would like us to believe that it is Wall Street that makes America work, NEWSFLASH! without main street there is no Wall Street!

    October 24, 2008 at 5:20 pm |
  430. GAS in Michigan

    Congrats Republicans for your choice of McCain. Now you will see a Democratic President whom 8 short years ago, NO ONE in Illinois knew. Whom has no experience at all, but talks a grand game with questionable ties to imfamous people. All of you whom are expecting 1 person to change anything are fooling yourselves. Michigan was the first place the recession was noticed, which is why Mitt Romney won here, and would've been a much better choice as the Republican caniadate. You all should've seen the economy was taking a dive, and now we have to vote for 2 canidates who have no idea what to do, and 2 running mates who know even less.

    October 24, 2008 at 5:20 pm |
  431. Chontel

    I would hope that the economy would play a major role in the coming election. As the worlds economy seems to be crashing, we the strongest nation must somehow rise above the fear of the unknown and elect a President who will not only bring domestic change, but restructure international morality and confidence!

    October 24, 2008 at 5:21 pm |
  432. Al /Orlando/via Buffalo

    The McCain economy is fine and taxes will be eliminated. Go out
    and get some neat clothes. Rags are optional.

    October 24, 2008 at 5:21 pm |
  433. Mike

    Of course the economy favors Obama. What we need in Washington is business men and leaders not politicans, lawyers, and academics. When you are running one of the biggest business's in the world you need someone that has real life experience. Someone that understands the consequences and is just not out for themself. Wouldn't that be nice. Maybe next time.
    By the way, getting so much money you do not know what to do with it and spending it is not running a business.

    October 24, 2008 at 5:21 pm |
  434. Oskar, Arizona

    The economy is the number ONE issue on this election. However, if Obama is elected, the economy will get worse on the next four years; if McCain is elected, the economy will improve little by little. If Obama is elected, Bush deficits would seem insignificant compared to the trillion debt generated by Obama. If McCain is elected, the financial markets and institution, the pundits, the congressmen and senator will take responsibility for their actions. Don’t forget that the democrat party has been running congress for the last two years, and they are responsible for the mess we are in.

    October 24, 2008 at 5:21 pm |
  435. Jonathan

    i think the economic situation's effect on the election is more than obvious. we can sit back and watch the republican party hurl anything and everything at Obama, doing everything they can to win while their smartest more respectable people leave the party. It's like a republican race car against the democratic race car, the republicans just lost a tire.

    October 24, 2008 at 5:21 pm |
  436. Bob H

    Hi Jack,

    Normally, I am reserved in comments, but this is one crucial time in our history that I feel compelled to comment.

    Indeed, I think our financial challenges will help change the political tide in our country. Our global economy is experiencing unprecented times and to be blunt perhaps the metrics need to be recalibrated to measure the economy that we are seeing and experiencing. To see my families savings both 401K's and retirement accounts dissipate in a matter of weeks, and we are talking about 7, 10, 15 years of savings, the economic hemorrhaging has to stop.

    It will take time to rebuild our USA integrity with the world given the turbulence we created in the Middle East.

    Obama will win although he will be left with a bitter mess in our country to help clean up.

    October 24, 2008 at 5:21 pm |
  437. john

    This collapse of the housing bubble is just another example of the greed caused by the american people, with the help of easy credit, lack of regulation, and the fraud of invented finance by wall strret. It comes down to america living beyond its means for many years, and it continues with the government borrowing massive amounts of money in an attempt to reflate the swindle. When will the foreigners stop loaning us all the free cash, that is when the music will stop and we will find no chairs in the room to sit on. The world is learning a huge lesson about america greed and probably wonder why their stock markets and housing are going to collapse too! corporate greed drove this, and unless america gets back to creating manufacturing capacity its future will not be as great. wealth is created by making and selling something of value, not by flipping houses or creating service jobs. with great paying jobs we can afford to buy things with income instead of using credit! our credit fueled lisfstyle is like the SUV in 2008.

    October 24, 2008 at 5:21 pm |
  438. Pat in NM

    As the polls have shown, troubling economic news is already influencing election day in favor of Obama. Maybe a more interesting question is the influence the troubling economic news will have on the new administration and the updated legislative branch. Hard to believe it will not be the driver (and the primary constraint) for the entire next term of whoever wins.

    October 24, 2008 at 5:22 pm |
  439. Sarge

    The economy has already had an affect on the election! Look at the polls. Nothing now will change what will happen on November 4th.
    People tie the what is happening today to the failed policies of George
    Walker Bush. McCain can say all he can and he will fail to change the
    view that he may bring us more of the same.


    October 24, 2008 at 5:22 pm |
  440. Denny Sangiovanni

    Big time!!....But Bush can reverse the thing if he take due actions and send to jail these people from Wall Street that made this financial mess. Like the guy from the bank who was selling the subprime securities with insurance that was not insurance.

    October 24, 2008 at 5:22 pm |
  441. Winston Wallace


    Do you remember the "Bitter Comment" that surrounded the Obama campain. Well, I think it is true now more than ever. Many Americans are saying, "I want my life back" or "why can't things be like they were"?

    People are enraged. They look at their 401k's, the rising rate of unemployment, plummeting home values, and seniors (our parents and grand parents) who have to defer retirment because they simply can't afford to stop working.

    Let me tell you. They are going to walk into that voting booth and they are going to pull the lever the best way they know how. Good Bye Republican Party.

    October 24, 2008 at 5:22 pm |
  442. Norm Miller

    Economy will dictate who is elected. McCain does not know what or how to take care of the existing problem. Our opinion changed during his time of going back to Washington, DC for the big conference, interrupting his campaign. Then we did not hear anything which he did or led. He just moved back out onto the campaign trail. His VP choice has less of a clue on what to do about the economy. It's the economy. Jobs going to Asia and South America, car companies laying off workers, financial institutions closing doors and no one is helping people who are being foreclosed on. A simple 're-adjustment of the home loan and the mortgage holders taking less profit, means people stay in their homes and companies continue to do well. Current path will lead to higher foreclosures and more companies going under. Greed is the root of this entire situation. Asia is right in that we do not know what to do.

    October 24, 2008 at 5:22 pm |
  443. Latasha from Atlanta, ga

    Honestly I think that the damage has already been done...the American people see now that our economy is falling apart. You want to know the reason why? Because of Bush letting Wall Street run wild. Because McCain supports deregulation and Bush's failed policies, he will let the same thing happen. Its time for a change.

    October 24, 2008 at 5:22 pm |
  444. Nadia Herrmann

    The fear that is put into voter's mind's will flip the vote. Some, maybe a lot, will assume that Obama will win anyway and stay home. Happened in 2004!

    October 24, 2008 at 5:23 pm |
  445. mat

    Bye bye Bush Jr. its the economy stupid. Do you really think I will vote Republican for 3 straight times when they have had the office for 8 years?


    October 24, 2008 at 5:23 pm |
  446. Mike out West

    People like to hear how someone will make their life better and easier. On the other hand, people don't like to hear that they have to take responsibility for themselves.

    And on that note, I would like to introduce President-Elect Obama!

    October 24, 2008 at 5:25 pm |
  447. Kevin Reynolds

    Jack, in times like these most people will vote according to their pocketbooks. John McCain has aligned himself with the failed trickle down econonomic policies of the Bush administration. All the ads about "Joe the plumber" will not distract the electorate from the fact that their savings are shrinking and their standard of living has fallen.

    October 24, 2008 at 5:25 pm |
  448. dave - Michigan

    Before we lay the blame at the feet of the Republicans, let's remember that the Dems have been in control of the Legislative branch of our government for quite a while now. Certainly they've been at the helm of Congress and the Senate for most of the time that this crisis, which is related to inflated housing values and poorly contrived lending practices, has been forming. I guess I'd be fine with throwing the lot out, but that would give Republicans control of the Congress and Senate, and the presidency to Obama. You simply cannot pin the blame for this crisis on the Republicans solely. If anything, it's been worsened by Democrats trying to get folks into buying homes they never should have purchased under the guise of egalitarian motives.

    October 24, 2008 at 5:26 pm |
  449. PA Voter

    I think it has to have an effect. Rural Pennsylvania for whatever reason is mostly McCain. My lawn has about the only Obama sign around! But listening to people worrying about their homes and savings and ability to provide for their children you know it is foremost on peoples' minds. Before I retired I watched corporate America lose all respect for their employees. They treated them with more contempt as the years went by. Raises became miniscule, benefits dwindled or were non existent. Buyouts became common with the worker losing in each case and the executives making out like bandits. Obama wants to stop that. He and Joe Biden make the best case for understanding what it is like living from paycheck to paycheck. Banks told young families they could afford large monthly payments...unfortunately many believed what they were told. It sounded good and after all...what bank would lend money if they thought you couldn't pay it back? Yes, perhaps they should have know better but it sounded sooooo good. I think we have the best chance with the Democrats to fix up that situation. You have to understand the concept of no food next week if you don't get paid this week. I don't think John McCain truly understands that. In short...the economy matters. Very much. I think come election day we will see just how much.

    October 24, 2008 at 5:26 pm |
  450. ken - florida

    In reply to Dave in Mo. I work my butt off for everything that I have. The only thing i have financed is my vehicle. everything else I pay cash for, not because i can't get credit, but because i don't over extend myself, I am however short on the health insurance side because I can not afford the premiums and feed my children at the same time. I believe that a universal healthcare system would greatly boost the overall health in this country, Too many people are in the same boat as I am and are very afraid what happens if an illness keeps them from being able to work.

    October 24, 2008 at 5:26 pm |
  451. Jim Potter Los Alamos, NM

    It's the economy, stupid. Sophisticated lenders taking advantage of relatively unsophisticated borrowers, how is that the borrower's fault.? However, neither one deserves a bailout. How about creating jobs so people can actually afford to buy houses? Surely we now know that trickle down doesn't work.

    October 24, 2008 at 5:28 pm |
  452. Mary Ann

    I believe it will determine who becomes President. Even those who are pro life like myself are probably focusing more on which candidate they think has the better economic plan and many people struggling between the two. I think there will also be a record number of people voting because the economy has never touched so many peoples lives in so many ways whether they are rich, middle class or poverty level before a Presidential election that I can recall in history since the Depression.
    Let's hope the right one is chosen or heaven help us!

    October 24, 2008 at 5:29 pm |
  453. William P. Dattilo

    Sure it's the economy. From the comments I've read on this web-sight, I have never witnessed such a lack of independent thought in my life.

    October 24, 2008 at 5:29 pm |
  454. Monica

    is the main issue as of right now, therefore it will favorate the vote for Barack Obama who seems to have better policies than McCain in that regard. Plain and Simple


    October 24, 2008 at 5:30 pm |
  455. Jamie M Flores

    I would like to know what happened to the "bail out" money?? This was the big "band aid" that was to fix the devastating economy that this Nation is now facing. Both Presidential Candidates supported this "bail out" but the economy is continuing to struggle with no end to this calamity in sight. Strange, after Wall Street got the dollars no one is speaking about this issue in the media, that includes the President the candidates AND the reporters. The only time this topic was even referred to was in the debates when Obama stated a CEO used several hundred thousand dollars for personal use and that this CEO should be fired and have to pay the money back. Well, how about telling Americans where all of this money did go!! It certainly seems as if the government once again duped the public and was not looking out for the American public. So who do we trust? Both candidates supported the "bail out" and the economy continues to decline. Maybe we should all vote for " NONE of the ABOVE. "

    October 24, 2008 at 5:30 pm |
  456. Godwin. In Dallas

    It is all about the economy. Mccain does not seem to the get the connection between a healthy economy and the ability to fight wars. He keeps singing the victory in Iraq song and more tax cut for the wealthy few.

    October 24, 2008 at 5:31 pm |
  457. Colin Firth - Detroit

    Neither of these guys show any strength in economic matters. The best thing that McCain could do right now is bring Mitt Romney onto his frontline team. Obama needs to have Bill Clinton front and center. Both Romney and Clinton understand crisis economics. Remember that the greatest benefactor of the growth of the American economy over the past few years was George Bush's administration who financed his war effort with taxes from a booming economy. Both McCain and Obama were part of the problem and will not be a part of the solution.

    October 24, 2008 at 5:31 pm |
  458. Ed'sKate

    A lot. So many people are hurting and McCain/Palin don't seem to get it.

    October 24, 2008 at 5:31 pm |
  459. Arnetta Pullin

    The economy will continue to have an effect on the election. All of the talk about no experience doesn't matter. Those folk who supposedly had experience, i.e. Greenspan and Paulson and all the Wall Street big-wigs seemingly didn't have a clue or was simply too greedy to care. Someone like Obama who promises and has already demonstrated he plans to surround himself with others who can advise has already helped. Besides, growing up middle class and figuring out how to raise a family and pay student loans at the same time is a lesson in its self.

    Annette, Flossmoor, IL

    October 24, 2008 at 5:32 pm |
  460. Frank

    Republicans claim that tax increase during Clinton presidency was the biggest ever. Yet, the job growth was also the biggest ever... and wiped out deficit created by Reagan's borrowing to offset tax cuts. Bush cut taxes, and kept saying that this was working, but jobs are disappearing. So, as for the election choice, there is no choice bu to try the Democrats again.

    October 24, 2008 at 5:33 pm |
  461. Dan, tampa FL

    the melting economy will urge voters to vote for someone who will create jobs, not tax them. and people will and do want a man in office that will promote success, which will grow the economy rather than someone who will penalize success by spreading the wealth around.

    October 24, 2008 at 5:34 pm |
  462. tULI[P

    The economy is a very important issue, I will vote for the candidate for which I feel will cause the largest positive impact, that is Obama.

    October 24, 2008 at 5:34 pm |
  463. john in phoenix

    The economy is number one, and the republicans are going to have a huge loss in november. But, the american people need to look in the mirror as they were a part of the largest fraud in american history. Many borrowed to make a quick buck in houses and flipping mentality set in. They borrowed from their houses in the trillions with home equity lines to fuel a lifestyle their jobs would not support. borrowing everything while having nothing in the bank. of couse wall street Greed, lack of regulation or oversight was a huge problem that allowed this to occur. now, the music stops and their are no chairs left to sit on. the treasury, fed, and congress now are racking up our national debt to bailout the banks. maybe, they have to or the whole system suffers. credit cards are the next shoe to drop as all the housedebtors try to continue their lifestyle and rack up for the final finally. my hope is that our country will get back to living within our means, but that means creating real jobs that pay real wages, but then the corporations think shipping them to china and other places is better and somehow we can borrow to pay for all this stuff. I Hope the foreigners keep buying our debt or we are in real trouble! we need CDS regulation as there are massive losses here too as companies go under. ROUBINI WAS RIGHT!! HE PREDICTED THIS!

    October 24, 2008 at 5:34 pm |
  464. Scully - Kentucky

    There's an economy?

    October 24, 2008 at 5:35 pm |
  465. George from Texas

    Stop kidding yourself. If Obama gets into office he will have to raise everyones taxes to pay for the 1 trillion dollars of additional government he want to add on our backs. Obama's plans will make the current economy look solid.

    October 24, 2008 at 5:36 pm |
  466. Diane Dagenais Turbide

    Hi Jack,

    Joe Biden canot have any regret....Barack Obama is ready to lead as President and as Commander-in-chief! So Joe do not hide like Alex wants you to! In fact, one analyst said that Obama would be getting more of a honeymoon period...in comparison to McCain!!! McCain represents Bush period!

    October 24, 2008 at 5:36 pm |
  467. Jim from Georgia

    The lack of economic growth in the Mcain campain is already effecting the election. Is there a channel Obama isn`t on? I`ll vote for him just to make the ads go away. I want my American made car commericals back!!

    October 24, 2008 at 5:37 pm |
  468. JohnGalt

    Americans are looking at the economy as being the most important task for the next President to understand, and that's the key, "understand". The next President is going to have to understand how a multi-trillion dollar economy lives, and breaths. Obama has a sharp academic mind that gives him the natural skills a leader must have, skills not bought by your family. I've read McCain's bio, and there are extreme concerns every American should learn for themselves. If you don't do this research yourself, please don't vote. 4 hours of your time is one hour for every year of the next President's first term. This is not to much for Americans to expect from themselves.

    October 24, 2008 at 5:40 pm |
  469. satinder

    Nixon won 1972 elections by manipulation thru Price& Wage controls besides Watergate breakin.Major recession followed in 1974-75.
    Carter took advantage of that–and won in 1976-Then started his Liberal program.US$ dollar plunged-Volcker was hired–but double digit inflation from weak US$ and rising oil prices–produced the worst recession in 1980-82.
    Obama faces a similar but even worse situation–HIS HANDS will be TIED by lenders from abroad.

    October 24, 2008 at 5:41 pm |
  470. Steve from Fountain, Colorado

    It will have a tremendous impact on what happens November 4. It is no secret that the economic troubles we are having, have been favoring Obama. It is one of the worst issues for the Republicans. They may just want to crawl into a hole and hide for the duration of our economic crisis.

    October 24, 2008 at 5:46 pm |
  471. Paul Cardinal

    As Obama's poll numbers go up, it is demonstrably being shown that the stock market nosedives.

    Change, change, change? Gag me!

    October 24, 2008 at 5:46 pm |
  472. Alex

    Jack, this will help Obama. I don't get why it will though. Get over party lines and look at the facts. McCain has a solid economic solution and that is to create jobs by giving all buisness owners a tax cut. Barack Obama, though will just increase taxes for most businesses thus preventing them from creating jobs. This will only make the economy worse. The last President that raised taxes during a depression was Herbert Hoover and the rest was history.

    October 24, 2008 at 5:47 pm |
  473. Kevin

    Not enough to knock some sense into diehard Republicans who have yet to wake up and see what is happening around them.

    October 24, 2008 at 5:47 pm |