Barack Obama and John McCain sparred over the economy Monday, with domestic issues returning to the limelight in the 2008 presidential race as the Democrat discussed tax increases and the Republican called for more offshore oil drilling.

Obama stated, “I believe that more action is necessary. I believe we need a second round of economic stimulus,” to revive the ailing economy.

McCain, called wasteful spending the culprit for the economic downturn.

Synopsis: Obama, always looking for the government to do more, dancing around the real issues. McCain, taking on the heart of the problem cut spending, increase oil production locally, reduce dependence on foreign oil.