Obama Economic Logic

Barack Obama on the interconnectedness of the American economy:

Mr. Obama said America needs a president who understands the “fundamental truth that’s been at the heart of America’s economic success: that each American does better when all Americans do better; that the well-being of American business and the American people are aligned.”

His policy proposal? He wants some Americans to do less well. Which will cause all Americans to do…well, you figure it out.
By the way, speaking of audacity, I just love Obama’s euphemism for breaking his pledge to use public financing for his campaign:

“We have created a parallel public financing system where the American people decide if they want to support a campaign they can get on the Internet and finance it, and they will have as much access and influence over the course and direction of our campaign that has traditionally been reserved for the wealthy and the powerful.”

Republicans absolutely must use this language. School choice? A parallel public education system where the American people decide if they want to support a school they can finance it. Private retirement accounts? A parallel public retirement system where the American people decide if they want to support their retirement they can finance it.

6 thoughts on “Obama Economic Logic”

  1. What a farce, youre against public financing yet youre calling Obama to task for being dominant at private fundraising. Didnt hear a peep out of you in the recent past when the RNC kicked the DNC’s butt on private financing. Partisan hack, no principles, who sounds ugh like Hillary.

  2. Yeah, and it was only a few weeks ago that the Crank was characterizing this type of criticsm as “not a winning general election strategy for McCain”. I guess he fears Obama enough now to try anything, a la Hillary.

  3. I’m not that torqued about Obama breaking his pledge, although I’m sure there were some Obama supporters who were actually naive enough to believe him, the suckers. And I certainly don’t think there’s anything wrong with raising private funds. (FYI, I would note that the GOP’s advantage on fundraising is a fairly recent phenomenon, if you remember the 80s and early 90s. I’ve never taken for granted that it would last forever. Go read Brooks Jackson’s book “Honest Graft” for an account of part of that era.)
    I just think the euphemism is hilarious. C’mon, you gotta admit that’s an…audacious effort to pretend this is somehow consistent with public financing.

  4. Yeah, its about as audacious as McCain backing out of his pledge in the primary, then tactically stomping his feet against Obama’s impending reversal in the general. The difference is I dont see you calling out McCain for it. Youre capable of objectivity and principled writing in your analyses of the Mets, but this political blogging is pure hackery…admittedly intelligent and entertaining hackery, but hackery nonetheless.

  5. Crank, I agree with seth above here. Your analysis of the Republican primary while it was being contested was very good, nuanced and even-handed, while you still forcefully defended your candidate (first Giuliani, then McCain).
    Can’t you bring some of that to the general election? I keep hoping you will, but I may simply have to go baseball-only from the conventions thru November. You seem to just be going from one gotcha to the next here lately.

  6. His policy proposal? He wants some Americans to do less well. Which will cause all Americans to do…well, you figure it out.
    What’s this? Crank criticizing Obama for . . . {rubbing eyes} a policy decision?!
    And . . . a policy decision actually worth criticizing. Impossible! Can’t be, I say.
    But who knows, may the worm has indeed turned.
    By the way, speaking of audacity, I just love Obama’s euphemism for breaking his pledge to use public financing for his campaign
    Ahhhhh, there we go. Things are back to normal. Crank’s back to standard ground. Obama is {gasp} raising money for his campaign! What does this guy think he’s doing??? Running for President or something?
    The more things change, the more . . . oh, you know the rest.

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