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Problems With All Candidates

with one comment

John Tammy, writing an analysis of McCain’s Economic Policy at Real Clear Markets, had this interesting bit on the three remaining presidential candidates:

McCain, like seemingly every candidate in this cycle, has not picked up on the basic truth that oil and gas are expensive precisely because the dollar is weak.

That no one with a shot at the White House has addressed this basic issue speaks to how uninspiring this election will be.

For those of us that vote primarily on economics, second and third priorities will be where our decision lies this fall, unless one or more of the candidates do some serious re-tooling of their policies.

UPDATE @ 11:15a: Larry Kudlow asks whether one of the candidates will differentiate themselves with a strong dollar policy. That candidate looks to gain support from voters with economic priorities, as well as European central bankers.

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Written by walonline

April 23, 2008 at 6:38 am

Posted in Politics

Tagged with , ,

One Response

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  1. It’s my theory that they’re utilizing a, “I hope it goes away soon” strategy. Whereas the current president’s strategy was, “I hope it crashes when I’m out of office”.

    Also, the candidates might be making money from the falling economy, best not to upset the market that made them rich in the first place right?

    jeremy

    April 23, 2008 at 11:41 am


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