It's unbelievable what is happening on Wall Street today. I think eight years is a long enough time to prove that the deregulated, upside-down economics has not worked. We have a ballooning deficit, flatlined earnings, failing banking systems, a collapse of the housing market, and very possibly a collapse on Wall Street. As Kucinich would say: "Wake up America!" TODAY is the day for Obama and Biden to blanket the networks, doing every interview they can, where they succintly explain how the policies of the last 8 years have led to this disaster, and the fact that John McCain has NO solution because he knows nothing about the economy. Let them ask the question: Where is John McCain? Where is Sarah Palin? Why are they afraid to answer questions about the economy? Here's Nate Silver on McCain's performance today in Florida:
McCain, by contrast, is under more pressure to actually propose solutions, which is difficult because there aren't a lot of good ones here. He certainly needs to improve his messaging over where it was in his morning appearance in Jacksonville today, where he was borderline incoherent on the subject of the financial crisis.
Do you seriously think EITHER John McCain or Sarah Palin could answer any question on this crisis, with any level of coherence?
Here's Obama on June 19, 2008:
The economy is not working the way it should be, and that’s going to be the goal of an Obama presidency — to make sure we’ve got bottom-up economic growth instead of the kind of tired, worn-out, trickle-down ideologies we’ve been seeing for so many years
Bonus:
Here's a video on Obama's bottom-up economics vs. Reagan trickle-down economics:
http://www.youtube.com/...