http://news.yahoo.com/s/ap/20080609/ap_on_el_pr/candidates_economyBy CHARLES BABINGTON, Associated Press Writer
36 minutes ago
RALEIGH, N.C. - The presidential campaign turned to the economy Monday, with record gasoline prices and a spike in job losses putting Republican John McCain at a distinct disadvantage.
Democrat Barack Obama seized on the issue by launching a two-week economic tour meant to highlight his differences with McCain on taxes, spending priorities and other matters. At every turn he is tying McCain to President Bush, whose approval ratings are consistently low.
McCain pushed back, saying Obama's bid to end the Bush administration's tax cuts for upper-income Americans would only worsen the already struggling economy. He is airing TV ads in key states on the Iraq war, which he sees as a better issue this fall. But he took questions on the economy from donors in Virginia on Monday, and planned a speech Tuesday to small business owners in Washington.