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Obama's Economic Speech
ByIt was a grown-up one at a time when the Republicans have become adolescents, but Ambers focuses on the real news:
# 1. It's ... a corporate tax cut. And according to the McCain campaign, it's a big one. If you multiply $3000 by the number of small business jobs created in 2007, you wind up spending about $100 billion. The Obama campaign estimates that it'd cost $20b per year for year years. Politically, the McCain folks are in the position of criticizing Obama for rolling out a $200b corporate tax cut today.
