Friday, September 5, 2008

McCain, Substance

Just wanted to go out there and say that through all the other stuff that some folks might criticize about Mac's speech, the one (maybe only) substantive idea in it that resonated with economic theory was his portion about trade, openness, and adjustment assistance. His proposal seemed to mirror what J. David Richardson of Syracuse has proposed - some wage assistance while you take a lower wage job in transition to sectors that are growing.

The rest of the speech seemed like all the others, from both conventions. That is to say, it was full of political fluff and rancor.

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