By William Greider, TheNation.com
Posted on January 14, 2008, Printed on January 14, 2008
http://www.alternet.org/story/73640/
When Goldman Sachs announces recession and the Federal Reserve chairman on the same day promises ready-to-go interest rate cuts, you can take it to the bank: the recession is official. The 2008 campaign's refreshing spirit -- the chorus of "change, change, change" -- is joined by a more traditional theme. "Jobs, jobs, jobs." Suddenly, everyone wants to sound like a Keynesian liberal, ready to prime the pump with federal spending.
My advice to Barack Obama: look through the John Edwards file -- he got there first -- and borrow freely from his sound ideas for economic stimulus. Then double or triple Edwards' numbers to show your sincerity. Do this fast. Hillary Clinton is already out of the box with a plan the New York Times describes as the first from any Democratic candidates.
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