McCain Laboring to Hit Right Note on the Economy</NYT_HEADLINE>
Todd Heisler/The New York Times
John McCain, campaigning Tuesday in Tampa, Fla., said the day before that “the fundamentals of our economy are strong,�?a remark that quickly proved to be a political problem for him.
By MICHAEL COOPER
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Published: September 16, 2008
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VIENNA, Ohio �?On Monday morning, as the financial system absorbed one of its biggest shocks in generations, Senator John McCain said, as he had many times before, that he believed the fundamentals of the economy were “strong.�?/P>
Hours later he backpedaled, explaining that he had meant that American workers, whom he described as the backbone of the economy, were productive and resilient. By Tuesday he was calling the economic situation “a total crisis�?and denouncing “greed�?on Wall Street and in Washington.
The sharp turnabout in tone and substance reflected a recognition not only that Mr. McCain had struck a discordant note at a sensitive moment but also that he had done so with regard to the very issue on which he can least afford to stumble.
With economic conditions worsening over the course of this year and voter anxiety on the rise, Mr. McCain has had to labor to get past the impression �?fostered by his own admissions as recently as last year that the subject is not his strongest suit �?that he lacks the experience and understanding to address the nation’s economic woes.
In the most recent case, he first sought to explain away his remarks about the economy’s fundamental soundness by saying he had been referring to the American people, almost daring his Democratic rival, Senator Barack Obama, to contradict him on that score. But within hours his aides were scheduling appearances for him Tuesday on all the morning television news shows so that he could try to erase the notion, being promoted aggressively by Democrats, that he was out of touch.
His campaign also sent to reporters the text of a speech he was delivering later Monday that included much starker language about the nation’s financial troubles, and by Tuesday had produced a new advertisement asserting that his experience and leadership were necessary in a “time of crisis.�?Aides and advisers repeated to anyone who would listen the words that Mr. McCain has frequently spoken following his comments about the economy’s fundamental strengths: that “these are very, very difficult times.�?/P>
Beyond striking a more populist tone and more explicitly acknowledging the nation’s economic problems, his campaign also began an effort Tuesday to cast him as a strong leader with profound experience on economic issues, given his service on the Senate Commerce Committee, where he was chairman for six years. That effort quickly hit a pothole when one of his economic advisers suggested that he had helped to create the BlackBerry, by virtue of his role in brokering telecommunications legislation; the McCain campaign later disavowed that, calling the suggestion “boneheaded.�?/P>
For much of this year, Mr. McCain has seemed to struggle to strike a balance between conveying the optimism that many voters want in their leaders, and the I-feel-your-pain empathy that they crave during hard times. His task is complicated by the tension between his plans to continue many of the economic policies of the unpopular incumbent Republican president he hopes to succeed, and his pledges to improve the American economy and shake up Washington.
As recently as January, Mr. McCain argued at a Republican debate that Americans were better off than they were eight years ago; by this summer he had released an advertisement that said “we’re worse off than we were four years ago.�?
His first big speech on the mortgage crisis warned against excessive government intervention; a month later he released his plan for government action to help people keep their homes.
And a tour on which he embarked in July to emphasize his understanding of Americans�?economic pain was overshadowed when one of his top economic advisers, former Senator Phil Gramm of Texas, was quoted as saying that the United States was only in a “mental recession�?and had become “a nation of whiners.�?/P>
The most recent episode began Monday morning at a rally in Jacksonville, Fla., where Mr. McCain spoke of the troubles in the financial sector.
“There’s tremendous turmoil in our financial markets and on Wall Street,�?he said. “People are frightened by these events. Our economy, I think still, the fundamentals of our economy are strong. But these are very, very difficult times. And I promise you we will never put America in this position again. We will clean up Wall Street. We will reform government. And this is a failure.�?/P>
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