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Presumptive Democratic Presidential candidate Barack Obama and Republican Johh McCain reacted to worsening economic situation in the US by attacking each other but without offering any concrete proposal themselves.

46 year old Obama said the labour report is a reminder that working families continue to bear the brunt of the Bush administration's failed policies that McCain wants to continue.

"We can't afford John McCain's plan to spend billions of dollars on tax breaks for big corporations and wealthy CEOs," he said.

But 71 year old McCain, a Vietnam war veteran, saw the situation differently.

"The wrong change for our country would be an economic agenda based upon the policies of the past that advocate higher taxes," he said.

"To help families at this critical time, we cannot afford to go backward as Senator Obama advocates."

Source: By DDNEWS

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