One of Obama's favorite words is 'balance.' It's been a central premise of his campaign that moving economic policy to the left is a matter of restoring balance after a generation of deregulation, tax cuts, widening income inequality, and risk shift from institutions to individuals.
Given this recurring theme, it's amusing to look at how Obama, in his speech devoted to the housing crisis delivered at Cooper Union in New York City today, tacks back and forth between Hamilton and Jefferson to establish a framework for his proposed policies.
xpostfactoid: Obamanomics: rebalancing the national portfolio
Posted by Asp 719 days ago (http://xpostfactoid.blogspot.com)Who Voted for this Story
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