Obamanomics, Again

February 21st, 2008 by Peter Suderman

Here’s James Pethokoukis on Obama’s economics:

What is the economic philosophy of Democratic front-runner Barack Obama? I will elaborate on this later, but for now, think of it this way: He’s Robert Rubin on trade (pretty much keep it open but help workers), Warren Buffett on taxes (higher rates really don’t affect what rich folks do, so crank ‘em up! ), and Robert Reich on spending (balance the budget later, “invest” now in education and science).

Pretty much dead on.

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7 Responses to “Obamanomics, Again”

  1. Mister Guy Says:

    Look Rubin and Reich helped to precide over one the largest economic expansions in recent U.S. history. I’d take their advice over most people every day of the week and twice on Sunday. And I’m still a Hillary man myself.

  2. Sickle Says:

    Again, I have a hard time seeing what’s so bad about that. I mean, it’s not like corporate deregulation and NAFTA have done anything more than make the rich richer and necessitate billion-dollar taxpayer bailouts of industry the moment they cheat.

    Keep up this “line of attack,” though. It’s not going to help you much.

  3. MQ Says:

    Hillary is a Hillary man, as well, Mister Guy.

    And Sickle, you are dead wrong on NAFTA. Take an economics class.

  4. Sickle Says:

    MQ, how about you detail exactly why I’m wrong…bet you can’t.

  5. Mister Guy Says:

    Nice chauvinism MQ.

  6. Sickle Says:

    Don’t you love it when right-wingers drop by with the power of their “ideas”? You’d think FW would be embarrassed…

  7. TM Says:

    The largest economic expansion came crashing down wit the tech bubble. The economy is a roller coaster expanding and contracting every 7-10 years. History repeats itself over and over again.

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