Obama as a classic interventionist who overestimates the government's power to control the economy. 'He's relatively young. He knows enough to be arrogant and not enough to be humble,' Froeb says. 'Whereas McCain knows enough to be humble. He sees a problem and he may understand that there isn't an immediate solution.'
More info to pile on...ReplyDelete
How can an econ professor support Obama? Although if I were to guess, UC-Berkeley would be the place to find one...ReplyDelete
Someone who proposes a gas-tax holiday, then mocks the critiques of "so-called economists" is the type of person who "sees a problem and he may understand that there isn't an immediate solution?" Got it.ReplyDelete
touche. bottom line there is a gap between politics and economics for a reason.ReplyDelete