Two Nobel Prize Winning Economists Recommend Obama

[Coexist]

http://www.dailykos.com/story/2008/4/25/84227/0290/242/503167

MSNBC has two Nobel Prize economists on right now. They were asked which of the three - Obama, Clinton or McCain - would be best for the economy, and both replied Obama.

Joseph Stiglitz, who was connected to the Clinton presidency and a 2001 prize winner, said that Obama's speech 3 weeks ago on the economy was brilliant. He also said that the deregulation of the markets during Clinton's presidency was a mistake and the markets need to be re-regulated.

Edmund Phelps, 2006 prize winner, agreed. We need a new way of looking at the economy and Obama is the one that can do that. We do not need the thinking of the past.

What great endorsements there!

Here is Obama's speech on the economy.

Here is the video of Stiglitz and Phelps from CNBC

[Adelante]

1. That's exciting

I don't get CNBC, so I will have to wait for the video, too. Thanks for posting this. :)

[speedoo]

2. Thanks for posting!

Up yours, Krugman.

[TragedyandHope]

3. Wonderful news!

[Barack_America]

4. He should highlight this.

Why he is perceived to be *weak* on the economy, while Hillary is trusted, is beyond me.

Um, look at the way they've run their campaigns.

In any case, if Obama can better demonstrate his economic strength, he CAN win over many of these "blue collar whites". I still have to believe that their economic survival is more important to them than their prejudices.

[davidpdx]

5. It's official

they are dead to Hillary and Bill.

[Ichingcarpenter]

6. By looking at the MP/UB equation vs the SC/GR anomalies they reach a conclusion

MP = Mark Penn,
UB = unpaid bills of Clinton vs

SC= successful financial campaign of Obama
GR = grassroots support for Obama

Great endorsement for Obama!

[Coexist]

8. wonderful!

[grytpype]

7. They are irrelevant (now)!

[Coexist]

9. I found the video - added to OP

[flpoljunkie]

10. Thanks for the post and the links.

[tammywammy]

11. Recommended

Thanks for posting!

[FrenchieCat]

12. It is very clear.....President Obama will be best for the economy!

ask the experts! :shrug:

[liberaldem4ever]

13. Great news K&R!!

Gobama!! :kick:

[cali]

14. wow. stiglitz is fantastic. great endorsements

k&fuckin'r

[futureliveshere]

15. Oh WOW!! I really respect Stiglitz. He is very pro-poor and economic parity.

This is awesome. Thanks for posting. K&R

[Adelante]

16. I've watched the video, thanks

This is unequivocal praise. Economic security is a great issue for Obama. I hope the campaign makes an ad with these guys.

[Armstead]

17. Stiglitz is a great catch for Obama

He was part of the whole "free trade" and globalization infrastructure, who realized how crappy it was being done, and has proposed more benevolent and effective alternatives.

[mnhtnbb]

18. A list of the economists who endorsed John Edwards--months ago.

http://www.johnedwards.com/news/press-releases/20080102-economists/

[SunsetDreams]

19. Wtg Obama!!! Thank you for posting this :)

[Coexist]

21. you are very welcome!

[cliffordu]

20. KICKED

[Jensen]

22. Thanks...I needed that today!

:bounce:

[CakeGrrl]

23. The Obama campaign needs to incorporate this AND the Financial Times endorsement

into their upcoming stump speeches.

Maybe he should throw ol' Hill a debate or two in Oregon...as long as they get FAIR moderation, not a couple of corporate/media Hill Shills.

[Coexist]

26. and he should make a commercial out of it.

[barack the house]

24. Exactly rules maintain structure. With no structure or rules any building falls.

Ifwe regulate food for safety just as applicable for money markets.

[charlie]

25. Stiglitz's opinion is not to be ignored

The man is an economic titan who came in from the cold of neoliberal Chicago school market ideology. He's the rare bird who'll tell the truth for truth's sake.

[EnviroBat]

27. Awesome!!!!

[Daphne08]

28. Excellent! n/t

[Coexist]

29. evening kick

[tabasco]

30. Krugman ain't gonna like this!

Unfortunately, Krugman has hurt his reputation shilling for Hillary.

[glitch]

31. He certainly has.

Very sad.

[mrreowwr_kittty]

32. Krugman hurt his rep with me years ago by shilling for so-called "free" trade.

Why people think he's such a liberal is beyond me. Sure, he was against the war, but so was Pat Buchanan.

[kenny blankenship]

33. Stick THAT in your beard Paul Krugman, and stroke it!

Seriously, Paul Baby, you're great and I love you. But it's time to get over her.

[Scurrilous]

34. K & R

:thumbsup:

[bbgrunt]

35. Stiglitz! For an economist, that man has buckets of sense

[Cha]

36. Wonderful...I'd never

heard of these two Nobel Prize Winners until now but they must be doing something right.

Thank you so much, FLDem.

And, paul krugman keeps carping away.

[Thickasabrick]

37. Awesome - take that Krugman!!!