Come to the candidates cold! Three economic visions
xpostfactoid.substack.com
Suppose you came to the candidates cold and had to judge them solely on the basis of their speeches in response to the housing crisis? You'd be judging Clinton and Obama at their best. Both gave great speeches last week. Both set detailed policy prescriptions in broad -- though markedly different - conceptual frameworks. Both were able to document that they'd seen the problem early and had called a year ago for actions they're still calling for now. Both argued forcibly that distressed homeowners are as worthy of targeted aid as the Wall Street banks that have already been the beneficiaries of -- admittedly necessary -- Fed largesse. (
Come to the candidates cold! Three economic visions
Come to the candidates cold! Three economic…
Come to the candidates cold! Three economic visions
Suppose you came to the candidates cold and had to judge them solely on the basis of their speeches in response to the housing crisis? You'd be judging Clinton and Obama at their best. Both gave great speeches last week. Both set detailed policy prescriptions in broad -- though markedly different - conceptual frameworks. Both were able to document that they'd seen the problem early and had called a year ago for actions they're still calling for now. Both argued forcibly that distressed homeowners are as worthy of targeted aid as the Wall Street banks that have already been the beneficiaries of -- admittedly necessary -- Fed largesse. (