Obama Addresses Economic Woes

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Uses history to set up current economic situation, says government needs to better address economic crises in New York City speech.

“Let me be clear: the American economy does not stand still, and neither should the rules that govern it.”

Suggests Bush is out of touch with reality, and that McCain is Bush II — both catnip to his Manhattan audience.

Read full remarks here. Campaign advisers also lays out plans in media call.

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