Obama, McCain, and the Economy

Talk about an ugly economic picture — America is staring at one right now. Recession blues. Stagnation. Inflation on the rise. High oil. Foreclosure all over.

Pocketbook issues have soared to number one on the list of Americans' campaign season concerns — and Barack Obama and John McCain know it.

This week, they're both out there stumping on the economy — and what they would do to try to turn it around. Their plans are very different. Americans are hurting, and are going to have a choice to make.

This hour, On Point: McCain economics, Obama economics, and the American way ahead.Guests:

John Harwood, chief Washington correspondent for CNBC and political writer for The New York Times.

Allen Sinai, chief global economist, strategist and president of Decision Economics, a financial advisory firm based in New York, Boston, and London.

Robert Pindyck, professor of economics and finance at the Sloan School of Management at MIT.