If you read this blog regularly, you know I’m starved for details from both of the Presidential candidates about how they’re planning on fixing the U.S. economy. So far, substantial commentary on this vital topic hasn’t been too forthcoming from either candidate -- a situation now exacerbated by the recent financial-sector crisis. The Wall Street Journal’s Capital Journal took both candidates to task for their less-than-convincing responses to the Lehman-Merrill meltdown. Clearly both men have to get their arms around this vast topic in a hurry.
On the same day, though, I was surprised to see a Journal op-ed that comes out strongly in favor of Obama’s healthcare plan over McCain’s. The WSJ op-ed is here; one of the contributing economists, Bradford DeLong, expands on his theory in his blog.
In the interest of equal time, though, McCain is battling a bias from the outset: all the current, bad economic developments are happening on his party’s watch, so McCain is unfairly tainted with the same brush as a result. It’ll be interesting to see how McCain wrestles with that bias – in fact, how quickly and coherently both men can get a persuasive, detailed economic plan out there.
Chris Cillizza of the Washington Post has a couple of ideas for both candidates. He offers up 10 suggestions – 5 for each candidate – for what each man should do now to prove his engagement, intelligence and credibility with the issues of their respective constituencies. Now let’s see if they take the advice and get busy on this topic…
[image: from Acc-tv.com]
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