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Written by Stumo
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Wednesday, 13 February 2008 |
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Just chronicling the candidates' talk on our issues. Obama today in Wisconsin:
While campaigning in Wisconsin, Obama took his own shots at
Clinton, criticizing her for supporting the North America Free Trade
Agreement while former President Clinton was president.
"You know, in the years after her husband signed NAFTA, Sen. Clinton
would go around talking about how great it was and how many benefits it
would bring," Obama said in Janesville, Wisconsin. "Now that she's
running for president, she says we need a time-out on trade. No one
knows when this time-out will end -- maybe after the election."
I have said before that I don't necessarily hang Clinton for what
her husband did before, ... but she did do what Obama says. She
defended NAFTA.
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In the news
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The following article appeared on the online site for Manufacturing & Technology News on November 17, 2008 and was written by Paul Craig Roberts, former Assistant Secretary of the Treasury in the Reagan administration.
By most accounts the U.S. economy is in serious trouble. Robert Reich, an adviser to President-elect Obama, calls it a "mini-depression," but that designation might be optimistic. Russian economist Mikhail Khazin says that the "U.S. will soon face a second Great Depression." It is possible that even Khazin is optimistic.
I cannot predict the future. However, I can explain what the problems are, how they differ from past times of troubles and why traditional remedies, such as the public works programs that Reich proposes, are unlikely to succeed in reviving the U.S. economy. |
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