Specifically, I'm interested if any credible economist praises the economical implications for socialized healthcare, tax hikes, and Obama's education plan.
Update:KUKOC - Excellent. I checked out that website. I had a difficult time finding explanations about why these policies will be better economically though.
Will you please add an "edit" with just one or two explanations? I'm really interested.
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>> [Austan] Goolsbee graduated from Yale and earned his doctorate from MIT before coming to the University of Chicago's business school, which gave to public life a giant of conservatism, George Shultz. The university's economics department has been adorned by the likes of Milton Friedman, George Stigler and Gary Becker, each a Nobel laureate, each a conservative by virtue of his inclination to expect more utility from markets than from government interventions therein. <<
http://pittsburghlive.com/x/pittsburghtrib/opinion...
http://www.wnyc.org/shows/bl/episodes/2008/07/11/s...
http://mefeedia.com/entry/barack-obamas-economist-...
David Cutler, Ph.D. economist at Harvard:
http://www.economics.harvard.edu/faculty/cutler
http://sentineleffect.wordpress.com/2007/12/01/hea...
http://www.marginalrevolution.com/marginalrevoluti...
>> Concerned about the radical drift from American ideals, Larry Hunter, PhD. writes why he will be voting for Barack Obama. Hunter is one of the authors of the Contract with America. He believes that whatever big government may crop up under an Obama administration can be undone over time. However, the unraveling of the Constitution under the Bush administration may be irreversible. Executive overreach and a disastrous foreign policy threatens the very nature of America.<<
http://writechic.wordpress.com/2008/07/19/reagan-e...
>> Senator Obama got higher marks from economists than Senator McCain on his ideas on petrol prices - he wanted direct rebates to lower income families rather than Senator McCain's summer petrol tax holiday. Virtually every economist said a tax holiday would just go into the pockets of oil companies. <<
http://www.smh.com.au/news/us-election/mccain-obam...
>> Austan Goolsbee, the University of Chicago Graduate School of Business economist and adviser to Barack Obama, says the Illinois Democrat saw the need for fiscal stimulus before other presidential candidates did.
Goolsbee flew from Cedar Rapids, Iowa, to the American Economics Association meetings in New Orleans, where he is something of a minor celebrity as is Jeff Liebman, an economist at Harvard’s Kennedy School of Government, also on the Obama team. <<
http://blogs.wsj.com/economics/2008/01/05/obamas-p...
>> Robert Pollin, an economist at the University of Massachussets, believes "these three advisers generally reflect Obama's very moderate economic program, similar to Clintonism." Wall Street apparently has come to a similar conclusion. Obama had received nearly $10 million in contributions from the finance, insurance and real estate sector through October, and he's second among presidential candidates of either party in money raised from commercial banks, trailing only Clinton. Goldman Sachs, which made $6 billion from devalued mortgage securities in the first nine months of 2007, is Obama's top contributor. When asked if Obama would hold these financial institutions accountable for losses incurred by homeowners and investors, his campaign refused to comment. <<
http://www.thenation.com/doc/20080211/fraser
>> Labor union officials and some liberal activists were seething Tuesday over Barack Obama’s choice of centrist economist Jason Furman as the top economic advisor for the campaign. The critics say Furman, who was appointed to the post Monday, has overstated the potential benefits of globalization, Social Security private accounts and the low prices offered by Wal-Mart – considered a corporate pariah by the labor movement. <<
http://articles.latimes.com/2008/jun/11/nation/na-...
And there is this group:
>> I spent my lunch hour at the Urban Institute today, listening to Obama econ advisor Austan Goolbee debate McCain econ advisor Doug Holtz-Eakin on the candidates' tax plans. Here's an Iphone photo showing, from left to right: Len Burman (director of the Tax Policy Center), Holtz-Eakin, Goolsbee, and Robert Reischauer (president of the Urban Institute).
No pistols were drawn, and no punches were thrown, but Holtz-Eakin did look worse for wear by the end of it. First, Burman gave a fairly dry summary of the Tax Policy Centers (TPC) latest analysis of the plans. Then Goolsbee gave what I thought was a devastating presentation, chiefly a summary of the highlights of Jason Furman's latest critique of the McCain proposal. (This critique is based on the TPC's most recent numbers). I could see why Goolsbee was a debate champion in his student days. He sat a couple feet from Holtz-Eakin, and with passion and precision explained why the tax plan Holtz-Eakin was there to represent was complete BS.
He framed his presentation by saying that there were three problems with the Bush tax program:
1. It was fiscally irresponsible, creating a huge sea of red ink.
2. It was sold using budget gimmickry.
3. It was massively tilted toward the rich.
On all three points, he showed that the McCain program is worse. In his words, it would create deficits that are twice as big and is twice as regressive. <<
http://econ4obama.blogspot.com/
http://www.salon.com/tech/htww/2008/02/04/economic...
>> Local economist Barkley Rosser (who gets quoted occasionally in the DNR regarding the oil market) came out recently on the EconoSpeak blog in support of Barack Obama.
Rosser had been among the more than 30 “leading economists in support of John Edwards.” But when Edwards bowed out of the race, Rosser, along with most of the economists that had supported Edwards, picked Obama over Hillary Clinton. <<
http://hburgnews.com/2008/02/07/local-economist-en...
I could keep going, but are those enough for you?
actually, more beneficial economists praise Obama's structures than McCain's. well being care sensible, the quantity of money lost by human beings no longer having well being care (human beings no longer in a position to artwork because of being sick even as they could were dealt with and preventative medicine) outweighs the fee of a few form of universal well being care equipment. raising taxes on the wealthy does no longer harm them financially, and it will develop authorities sales. That more beneficial authorities spending ability will earnings the commercial equipment more beneficial than that money going into some form of reductions. because the U.S. economic equipment is not any longer a production depending economic equipment, if we favor to stay financially reliable we favor our service industries to be first-class. For that to happen, practise spending desires to p.c.. up and help more beneficial little ones get more beneficial educations.
Yesterday, 21 out of 27 economists said McCain's economic plan was better than Obama's in a National Poll. McCain has the right plan and the right idea, sadly, he just doesn't use the kool aid and the race card as much as Obama and his supporters. How otherwise such intelligent people can be taken in by Obama's NEW CHANGE is a mystery.
No they are all praising the conservative agenda that has brought us record mortgage foreclosures, bank failures, declining income, disappearing benefits, weak dollar, and a failing economy. BTW, are you not even smart enough to realize that there is no plan to "socialize" healthcare and that any responsible person is going to have to do something to deal with the $10 trillion deficit that your policies have produced. You don't have to be an economist to figure this out, you just have to be reasonably intelligent....Why haven't you figured it out?
Has a credible Economist ever praised a presidential candidate's platform, unless it was his plan or he was paid to consult?
I heard that 6 some-odd economists are endorsing Obama's economic plans, compared to 20+ who are backing McCain's plan.
I guess 6 people think that taking more money from American's in a time of economic turmoil is a good idea. I personally don't.
He has mostly college professors. and we all know how smart they all are.
McCain has many people that where in charge of large corps. Two Women the lady that used to run HP that worked her way up from the mail room, and the former CEO of Ebay.
Here's a bunch:
Economic policy advisors:
Jason Furman (director of economy policy) source bio
Austan Goolsbee (senior economic policy advisor), University of Chicago tax policy expert source Wikipedia website
Karen Kornbluh (policy director) source bio Wikipedia
David Cutler, Harvard health policy expert source Wikipedia website
Jeff Liebman, Harvard welfare expert source Wikipedia website
Michael Froman, Citigroup executive source bio
Daniel Tarullo, Georgetown law professor source bio
David Romer, Berkeley macroeconomist source website
Christina Romer, Berkeley economic historian source website
Richard Thaler, University of Chicago behavioral finance expert source Wikipedia
Robert Rubin, former Treasury Secretary source Wikipedia bio
Larry Summers, former Treasury Secretary source Wikipedia bio
Alan Blinder, former Vice-chairman of the Federal Reserve source Wikipedia bio website
Jared Bernstein, Economic Policy Institute labor economist source bio
James Galbraith, University of Texas macroeconomist source Wikipedia website
Paul Volcker, Chairman of the Federal Reserve 1979-1987 source Wikipedia
Laura Tyson, Berkeley international economist, Bill Clinton economic adviser source Wikipedia
Robert Reich, Berkeley public policy professor, former Secretary of Labor source Wikipedia weblog
Peter Henry, Stanford international economist source website
Other economists who support Obama:
Brad Delong, Berkeley macroeconomist source Wikipedia website weblog
Joseph Stiglitz, 2001 Nobel laureate source Wikipedia
Edmund Phelps, 2006 Nobel laureate source Wikipedia
Ray Fair, Yale macroeconomist source Wikipedia
Prominent finance people who support Obama:
(not actually economists)
William Donaldson, Securities and Exchange Commission (SEC) Chair 2003-05 source Wikipedia
Arthur Levitt, SEC chair 1993-2001 source Wikipedia
David Ruder, SEC chair 1987-1989 source Wikipedia
Has Any praised Phil Gramms?
Credible,no left wing yes,the man is all flash, no substance. If he wins contact me for the Don't blame me bumper sticker!!!
well Obama hasn't proposed socialized medicine....that' was Hillary...and when you talk about tax hikes..we all know who those apply to... singles making over 200k and couples over 250k... no me. And education is very important...we should be increasing funding for education.
this question could also be asked about McCain's proposals... who has endorsed him ?
economists don't typically endorse candidates...
silly question..