Monday, August 25, 2008

Blogama - Economy



I caught this article from the NYT Mag that I stole from Starbucks this weekend. "You look like you're going to have a fun day today," the barrista said to me. "No, I'm going to work," I said and snatched the magazine and left. I'm so tired of people feeling the need to make up words - Obamanomics. It makes me think of TaeBo. So this sort of cheap headline didn't initially draw me in, but it's virtually impossible to pick up any sort of insight into actual policy from watching debates and I've typically enjoyed the NYT Mag. Read the breakdown HERE.

I really dig the article! For anyone that's interested in economics, Obama's standing in a good place. Besides taking from SS and Medicare funds and making rich people pay more for what they perceivably won't receive (hey, fuck 'em anyway and he's just doing some correcting), I really like where Obama's going economically - learning from what's happened over the past few decades. Dad and mom have a new big screen TV, but a crane just fell on poor Jimmie's head.

1 comment:

RYAN! said...

A really great read. This article paired with the American Tale Michelle Obama related at the DNC tonight make the idealistic possibilities of an Obama presidency finally start to outweigh the fears that go along with assigning the future to an unknown quantity.

John McCain could never talk about the economy like that: in such detail and with such a respect for knowledge. But even Barack acknowledges that the lack of simplistic sloganism in his own well-thought-out plan makes for almost more of a liability than a benefit.

It's interesting, too, that the writer practically calls Barack a socialist at one point, then uses Warren Buffet's endorsement to brush away any hints of that. Not that there's anything inherently wrong with socialism; just a scary word to a lot of people.