Who Can Fix the American Economy?

Some economists argue that neither candidate is adequately addressing the radical changes needed in the nation's banking system and trade deficit.

"McCain comes out of the moderate conservative wing of the Republican Party. He's not an ideologue, but he's certainly not one to meddle in the marketplace more than is necessary," said Peter Morici, an economist and business professor at the University of Maryland. "Whereas Obama is very much a child of Illinois politics and big city liberalism, and he sees the basic problems of the economy as a justice issue -- redistributing income around."

Morici added, "In some ways they both miss the boat because the economy is bedeviled with endemic structural problems and neither one has really proposed solutions to cope with them."

ABC News' Sunlen Miller contributed to this report.

-- This embed didnt make it to copy for story id = 5510115. -- This embed didnt make it to copy for story id = 5510115. -- This embed didnt make it to copy for story id = 5510115. -- This embed didnt make it to copy for story id = 5510115. -- This embed didnt make it to copy for story id = 5510115. -- This embed didnt make it to copy for story id = 5510115. -- This embed didnt make it to copy for story id = 5510115. -- This embed didnt make it to copy for story id = 5510115. -- This embed didnt make it to copy for story id = 5510115.
Page
  • 1
  • |
  • 2
  • |
  • 3
  • |
  • 4
Join the Discussion
You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus
 
You Might Also Like...