Economists for Obama

[bright eyed]

Found this, has interesting comparisons - see the list of economists advising Obama vs. McCain...

Also have some tax comparison calcs etc per their proposed policies...

Economists for Obama: The List: Obama's Economists

I don't even like economists that much, but thought this group would find it interesting...

[samclem]

Originally Posted by bright eyed

Found this, has interesting comparisons - see the list of economists advising Obama vs. McCain...

Also have some tax comparison calcs etc per their proposed policies...

Economists for Obama: The List: Obama's Economists

I don't even like economists that much, but thought this group would find it interesting...

Take those "Here's how we'll soak the rich" tax charts with a humongous grain of salt. People will respond to tax law changes in ways that are not shown in the little tables (they always do). And nobody, especially people wealthy enough to hire good accountants and tax attorneys, will sit still for confiscatory tax rates Obama is proposing. Ain't gonna happen.

Okay--here's a LONGER list of economists who favor McCain. Includes Nobel Laureates, etc. It even says why they favor him.

Economists for McCain


Since we're talking "who's backing who," and economic theories, here's an interesting little sub-section of Obama's own website:

Marxists/Socialists/Communists for Obama

Birds of a feather . . .

[youbet]

Originally Posted by bright eyed

I don't even like economists that much, but thought this group would find it interesting...

And they don't like you very much....... This two way hate between bright eyed and economists is very depressing..... I thought you touchy-feely liberals would be more into "feel the love" than "I don't even like economists."

[bright eyed]

Originally Posted by youbet

And they don't like you very much....... This two way hate between bright eyed and economists is very depressing..... I thought you touchy-feely liberals would be more into "feel the love" than "I don't even like economists."

Hey, I didn't say I hated them

I didn't know you were authorized to speak on behalf of all the economists, but hey - we don't really know who's lurking behind these cheeky pseudonames...

[youbet]

Originally Posted by bright eyed

Hey, I didn't say I hated them

I didn't know you were authorized to speak on behalf of all the economists, but hey - we don't really know who's lurking behind these cheeky pseudonames...

Well..... I did major in Econ AND stayed at a Holiday Inn once a few years ago! I certainly can't speak for all of them, but I do know these are sensitive guys and gals who, like the weather forecasters, are justifiably reactive to the constant onslaught of undeserved criticism!

And, oh yeah..... Did I mention I also buy coffee at McDonalds where geezers get a cup of pretty good stuff for 49 cents?

[bright eyed]

aahh - oops! Sorry, didn't mean to push your buttons...

there are some economists i like!

[FUEGO]

Originally Posted by samclem

Since we're talking "who's backing who," and economic theories, here's an interesting little sub-section of Obama's own website:

Marxists/Socialists/Communists for Obama

Birds of a feather . . .

Marxists/Socialists/Communists for Obam:


"This group is for self-proclaimed Marxists/Communists/Socialists for the election of Barack Obama to the Presidency. By no means is he a true Marxist, but under Karl Marx's writings we are to support the party with the best interests of the mobilization of the proletariat. Though the Democratic Socialists of America or the Communist Patty of America may have more Socialististic values, it is pointless to vote for these candidates due to the fact that there is virutally no chance they will be elected on a National level. The members of this group are not Leninists, Stalinists, etc. and do not support or condone the actions of North Korea, China, Cuba or any other self-procalimed "Marxist States." They do not in anyway represent the Marxist philosophy nor do they represent Socialism/ Communsim. We support Barack Obama because he knows what is best for the people!"

I just want to know why they couldn't have proof read their own introduction. Maybe English isn't their first or second language?

[youbet]

There is no doubt that there will be more control of the economy (ie., a more "directed economy") under an Obama presidency and Dem Congressional majority. That may be better or worse than a more purist supply/demand, individual driven economy. It's all a matter of the extent of the conversion, the ability of the gov't to call the right shots and the world-wide influences pressing at the time.

[Purron]

There's a reason they call it the "dismal science". I majored in accounting and nearly got enough credits for a double major in econ. What I learned is economists rarely predict the future correctly. There is little doubt, however, our economy prospered under the last democratic president and tanked on W's watch. I'm not saying Clinton should take the credit or W the blame, just that the health of the economy doesn't relate very well to who is in the White House.

[youbet]

Originally Posted by Purron

the health of the economy doesn't relate very well to who is in the White House.

Generally, I agree with you there Purron. Although extreme actions (think FDR) probably do have some impact. Barrack promises real movement from the status quo, so, if elected and with a huge Dem majority in Congress, it will be interesting to watch. All we can really say at this point is that he'll either make things better, worse or have no impact as compared to how things would have been with less gov't intervention. Historically, IMO, presidents have had both positive and negative results from heavy handed manipulation of the economy through the influence of business regulations, tax policy and monetary policy.

Congrats on your accounting major. Are all the beans counted yet?

[bright eyed]

I'm not sure where I fall on how much the gov affects or not the economy...Seems to me like corporate america and the very wealthy are VERY interested in who's elected at all levels of government - so are they just investing their time and money for nothing?

I used to be more of the "whoever's elected" doesn't matter camp (a la 2000 and 2004 and prior) but I think the havoc we are seeing now is testament to the fact that we HAVE to pay attention and that it DOES matter.

Now how we go about fixing the mess I'm not certain of. But the gazillions that we've poured into Iraq, allowing the housing market to boil over etc surely has not "helped" our economy at all...