July 23 2008
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A Short Primer on McCainomics Versus Obamanomics: Top-Down or Bottom-Up

By former Department of Labor secretary Robert Reich. I hadn’t thought of the advantage of the bottom-up approach in a global market, where workers and consumers have more ties to the American economy than corporations do. Reich describes Obama’s bottom-up approach as a way to sidestep the current problems of supply and demand with innovation.

I’m not sure I’m getting across the satisfying mental leap I got from this piece, so I hope you read it, it’s short.

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    “This isn’t to argue that top-down economics is completely nonsensical. America is, after all,
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