Bang the Drum: Analysis: Barack Obama and the Economy
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Andrew Paradies · 1 year agoCompletely agree with the analysis above of campaign spending today especially. The one thing I would also mention about the three candidates (Obama, Clinton and McCain) is that only Obama really seems to have the promise of a new America. This is much more of a "soft" analysis than what is above, but I think it's very important to note how much America depends on foreign investment for its sustained position as world leader. In particular, I thought the Financial Times had good coverage of the potential effects of petrodollars on the US economy (http://us.ft.com/ftgateway/superpage.ft?news_id...) and thus I feel like it's very important that the world regains its belief in America as the premier place for investment... and it seems like Obama is the best candidate to make that happen.
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Karoli · 1 year agoI agree, Andrew. Bruce had asked me for hard facts and figures, which is why this post aims so squarely at them, but in general, the restoration of faith in the economy and the direction of the country is at the root of recovery, without question.
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Bruce Lerner · 1 year agoThank you for pulling this information together for me (us). The TIME essay (4/7) that raised my original question suggested that McCain (by his own admission) knows little about the economy and there is little difference between Clinton and Obama which has lead to no conversation on the topic of the economy. Listening to a couple of candidate speeches, I found some discussion of initiatives but not how they would be funded. This article helps bring direction to the funding question and surely contrasts the candidates financial management abilities. And this article and the twitter thread show TIME to be wrong, There is a conversation, they're just expecting and looking for it in the wrong places.