http://www.salon.com/tech/htww/2008/03/27/obama_s_economic_plan/index.html
Barack Obama has many plans for changing the U.S economy. Obama’s speech at Cooper Union in New York was admired and appreciated by all those who attended. A good point that Obama made in his speech was, “From first principles that government has the right and responsibility to intervene in the economy to ensure that the few do not benefit at the expense of the many.” The government does need to intervene, our economy is not doing that well and we need to find alternatives to make sure that in the future it will.
However, Obama did not bring any of the other candidates into his speech. Leonard the author of the article, commented, “Obama's approach is less far-reaching than Clinton's, or, conversely, one could argue that Clinton's wilder promises are politically unrealistic, even with a congressional majority.” I agree with Leonard, Clintons promises about fixing the economy seem unrealistic.
One can see that Obama is looking for just profound change. The housing market was mentioned because it is becoming a very large issue. People need to be able to run their homes with gas and electricity. Obama is striving to have mortgages lowered so people do not lose their homes. Overall, Obama has a strong argument and plans to help the economy get better in the future.
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