Saturday, March 29, 2008

Obama's economic speech

Robert Kuttner, co-editor at The American Prospect, critiques Obama's economic speech from earlier in the week:
... He connected all the dots--between the complete dismantling of financial regulation, the declining economic opportunity and security for ordinary people, the current financial meltdown, and the political influence of Wall Street as the driver of these changes.... It is this kind of leadership and truth-telling that is the predicate for the shift in public opinion required to produce legislative change. A radical, appropriately nuanced, and deeply public-minded description of what has occurred, the speech was Roosevelt quality: the president as teacher-in-chief.

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