Obama: Republicans showing ‘madness’ in economic policies

President Barack Obama says Republicans are showing signs of “madness” in their economic policies.

Raising campaign cash in Maine, Obama said Republicans want to return to economic policies that preceded the Great Depression as well as the more recent economic downturn.

He says those policies will let Wall Street play by its own set of rules and allow insurance companies to roll back health coverage.

Obama also raised campaign cash in Vermont, where he said the economy was getting stronger and businesses were gaining confidence. He also offered a vigorous defense of his health care law, though without mentioning the Supreme Court case to determine the constitutionality of its main provision.



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