Tuesday, February 12, 2008

Is Obama The Liberal Reagan?



James Pethokoukis:

Is Barack Obama, the "change" candidate, really a pragmatist, albeit a liberal one? Is he a guy who, if elected as our 44th president, might compromise with Republicans on key issues as he begins to "heal the nation"? Here is the case I've tried to make, though I'm not fully convinced myself:

1) Obama has surrounded himself with centrist economic advisers, like the frustratingly reasonable Austan Goolsbee of the University of Chicago. Former Fed chief Paul Volcker is also a supporter.

2) Obama seems skeptical that we can somehow "stop globalization" by pulling out of NAFTA or the World Trade Organization. Better to cut smart trade deals and help displaced workers.

3) Obama's healthcare plan is more cautious than Hillary's, with no mandate to buy coverage. And no single-payer Kucinich kind of deal—at least not yet.

4) Obama has resisted the temptation to call for an interventionist mortgage rate freeze or a moratorium on resets, as Hillary did, to help homeowners. Instead, he favors tax credits.

Follow the link for more.

(HT Instapundit)

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