Obama economic policies

In some fundamental ways, the American economy has stopped working.
Buy by debt, can not pay financial crisis. Baby boomers : health care. Most of problems are not immediate, which helps explain why they have gone unaddressed for so long.
Mccain is slightly altered Republican vision with tax cuts at its core.
Obama economic policies amounted to an end of Clitonian centrism and to an old liberal ways. My core economic theory is pragmatism figure out what works.
The left or the centre, the government or the market.
Distributional issues.

A university of Chicago Democrat.

Chicago school believes market is better than government. Price adjust fast.
Flaw: pollution, environment.
How do you make money?

Market failure in health care.
The end of the age of Reagan
Market is the best ever mechanism invented to allocating and maximize production.
His project will be fixing the market.

Spreading the Wealth
Some blue collar workers are obsolete, other countries with huge low wage.
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