Thursday, April 19, 2007

Obama's Economics

The NY Times notes the following about Obama's chief economic advisor, Austan Goolsbee:
The two men met when Mr. Obama was teaching at the [U. of Chicago law school], and they both seem to favor achieving Democratic goals through market-oriented policies. As Mr. Goolsbee has written: “Moral exhortation doesn’t change people’s behavior. Prices do.”

I like the sound of that. A moderate Democrat on economic issues. That's what Obama needs to be.

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