This past week on Thursday, August 28, 2008, Barack Obama delivered his acceptance speech at the Democratic National Convention. Standing before about 84,000 supporters in a football stadium, Obama presented his most significant proposals for running for President: Ordinary people are hurting economically, the Bush administration has failed to respond, and a McCain presidency would provide nothing but "more of the same."
Obama offered a new summary of what he proposes to do for the struggling middle class, which includes a broad-based tax cut which would cover 95% of wage-earners, an elimination of the capital gains tax on small businesses, as well as an energy program focused on investment in renewable sources.
The powerful and effective speech was a key part of the Democrat's strategy for winning the election: Triumph in the debate over the economy, motivate traditional Democrats and increase the amount of supporters by turning out record numbers of African American, Latino and young voters.
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