November 04, 2008

Obama's economic policy team: two thumbs up

Now that the United States is experiencing the biggest economic crisis in modern history, it is safe to say, that America’s best choice is Senator Barrack Obama. After eight years of irresponsible management and low-grade politics, the obvious choice is the Democratic ticket. But instead of capitalizing on the downfalls of the Bush administration and the offspring they have produced, here is why Obama's economic plan is the best option for America.

When it comes to improving the economic prospects of this nation at this critical time, the Obama economic team has highlighted the necessary steps for recovery, reform and renewability desperately needed in the unconscientious American financial system.

Heading Obama’s economic policy team is Jason Furman, a 39 year-old centrist economist and fiscal policy expert from Harvard University. Obama has also enlisted other top-notch economists and academics including Alan Binder, a Princeton University economist and former Federal Reserve Chairman; Austan Goolsbee, senior economist at the Progressive Policy Institute and columnist for the New York Times; Jeffrey Liebman, a pension and poverty expert at Harvard University; and David Cultler, a Harvard University health economist. Other prominent advisors come from The Brookings Institution, The Center for American Progress and Citigroup.

But the most exciting, un-official advisor and supporter comes in the form of an unpretentious billionaire named Warren Buffet, solidifying Obama’s bid for the Presidency. Buffet has held fundraisers for Obama and has rallied entrepreneurs, economists, and union leaders to back him, stressing the fact that it’s about time for tax reform and healthcare reform, specifically shifting the tax burden away from the middle class to the upper rich. In Buffet’s words, it is called social justice.

Finally, someone with enough guts has finally called McCain’s bluff. It’s not socialism you swiftboating morons, it’s social justice.

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