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McCain: Obama represents a Bush third term.

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"McCain: Obama represents a Bush third term."

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In a statement responding to reports that nearly 500,000 more Americans claimed unemployment benefits this week, Sen. John McCain (R-AZ) tried to link Sen. Barack Obama (D-IL) to President Bush’s failed economic policies.: “Barack Obama’s only answer is to double-down on the Bush Administration’s legacy of out-of-control spending.” The Wall Street Journal notes that this claim “hangs on the thread of proposed spending increases by Obama,” adding that Obama nevertheless “opposes most major aspects of Bush’s economic legacy, including making permanent the 2001 and 2003 tax cuts, which McCain supports.”

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