John McCain has explicitly embraced President Bush's economic policies. This means that McCain is running on the worst economic track record of any president since the Great Depression.

In a normal world, this would be a problem for McCain, since the economy is clearly the most important issue in voters' minds. However, in Swiftboat land, reality gets turned on its head. McCain is trying to make the economy a weak spot for Obama, just as Bush made John Kerry's Purple Hearts a liability for him.

Just as Kerry's war record was not a cause for shame, it is not Senator Obama who should have to worry about a bad economic record. The policies he has endorsed, including higher tax rates for Senator McCain and his rich friends, produced solid economic growth under President Clinton. It is John McCain who is Mr. No Jobs in this story.

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