Thursday, July 24, 2008

Money & Business

Capital Commerce

Obamanomics in a Nutshell

February 21, 2008 10:40 AM ET | James Pethokoukis | Permanent Link

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). Healthcare and regulation? I am open to suggestions ... very open.

Tags: economics | presidential election 2008 | Barack Obama

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Reader Comments

Feeling Nostalgic

Can someone tell him to also be Rubin on deficit reduction?

Given that supply side economics has never, ever produced measurable benefits, this sounds like a breath of fresh 90's air.

You just sold me on Obama's economic policy! Not sure if that was your intention....

Ditto.. After that it was simple for this undecided.. I'll vote for Obama now!

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About the Capital Commerce Blog

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James Pethokoukis is the money and politics blogger for U.S. News & World Report , where he writes the monthly Capital Commerce magazine column. Pethokoukis is also the assistant managing editor of the magazine's Money & Business section. He has written for many publications including the New York Times, the American, USA Today, Investor's Business Daily, and TCS Daily. Pethokoukis is also an official CNBC contributor and appears frequently on that network's Kudlow & Company, Power Lunch, and The Call shows. In addition, he has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, CNN, and Nightly Business Report on PBS. A 1989 graduate of Northwestern University where he double majored in Soviet politics and American history and a 1991 graduate of the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy! champion.

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