Sunday, July 20, 2008

Money & Business

Capital Commerce

Where's President Stanton When You Need Him?

April 03, 2008 02:04 PM ET | James Pethokoukis | Permanent Link

Can you imagine any Democratic politician giving the following speech?

Here's the truth. No politician can reopen this factory or bring back the shipyard jobs...or make your union strong again. No politician can make it the way it was. Because we now live in a world without economic borders. Push a button in New York and a billion dollars moves to Tokyo. In that world, muscle jobs go where muscle labor is cheap, and that is not here. So to compete, you have to exercise a different muscle: the one between your ears. The whole country must go back to school. We have to get smarter, learn skills. And I promise this: I will work hard for you. I will think about you. I will fight to make education a lifetime thing in this country to give you the support you need to move up. But you have to do the heavy lifting your own selves.

Those are the words of Jack Stanton, the fictional Democratic presidential candidate in the book and film Primary Colors. He's a fellow based not so loosely on Bill Clinton and his 1992 presidential campaign.

Tags: Democrats | elections | trade

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Michigan...

Didn't John McCain give that speech in Michigan?

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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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