Friday, October 10, 2008

Blacks, the Poor, and Democrats Overwhelmingly Endorse McCain's Mortgage Plan

I have written a few entries on Senator John McCain's surprising proposal for a federal buyout of mortgages of distressed homeowners (see, e.g., here and here). Although the bailout legislation authorizes the Secretary of the Treasury to purchase individual mortgages, it is extremely light on details. McCain's plan fills in some of the blanks, but it has received harsh criticism from Senator Barack Obama and the media. Obama has not released an alternative plan.

Despite the cold reception from Obama and the media, "rank and file" Americans actually favor the plan -- particularly blacks, the poor, and Democrats! Rasmussen, the respected pollster, released a survey on this subject today. Here are some highlights:

* 52% of all voters favor the plan

* 59% of Democrats favor the plan, compared to 47% of Republicans
and 49% of Independents;

* 70% of African-Americans versus 50% of whites agree with the
Will these numbers convince McCain to keep pushing the plan? In an earlier entry, I argued that McCain could use his plan to demonstrate that he differs from Bush and that he can deliver concrete ideas, rather than simply criticism or slogans. The McCain campaign, however, seems tone deaf and unable to follow through with its narratives. Unless McCain stays the course with a working script, he will begin to come across as erratic, as Obama has described him.


Anonymous said...

Blacks and Dems aren't going to vote for him. No way.

Anonymous said...

If you're a liberal why are you trying to help McCain win?

Darren Lenard Hutchinson said...

Thanks for responding.

First -- I know that only a handful of blacks will vote for McCain, but he will get some white Democrats. My point isn't about who will vote for McCain, but that the "middle-class" seem to favor the proposal. I would like to see Obama put forth one too -- especially given his promise to help "average" Americans.

Second, I am a progressive -- and I am not trying to help McCain. I am just analyzing all sides. Nothing wrong with that. There are a plently of partisan blogs out there. Huffington and Daily Kos versus Red State and Michelle Malkin. I can see a lot of different sides. That's just the way I am.

Mista Jaycee said...

Just stopping by!
Desperation makes strange bedfellows!

Darren Lenard Hutchinson said...

Hey Mista Jaycee. Thanks for dropping by. Yes - desperation makes strange bedfellows. Fitting comment.

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