McCain vs. Obama: Economy

Criticizes presumptive GOP nominee's plans in Greensboro, North Carolina speech -- his first event back from vacation: “John McCain has said that he doesn’t understand the economy as well as he should, and yesterday he proved it in the speech he gave about the housing crisis…" Watch clip above. Read remarks here. McCain campaign responds: “Senator Obama’s blatant mischaracterizations aren’t the new politics he’s promised America, they’re the old attack and smear tactics that Americans are tired of." Full statement here. Plus: Bush, speaking in Virginia, warns everyone to be patient, says stimulus hasn't kicked in yet. Watch video here.  Coming Thursday: Obama gives a major economic address in New York City, while Clinton does the same in Raleigh, North Carolina.