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Economy
Obama: Wall Street Crisis Caused by McCain-GOP Policies
Conservative Financial Follies
Campaign for America’s Future
We are witnessing the worst financial crisis since the Great Depression. Conservative deregulation is the culprit. Since the Reagan years—and especially during the current Bush Administration—regulators in Washington have torn down or allowed banks to get around the financial rules and protections that were established as a result the Great Depression.
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Combating Swiftboat Economics
Dean Baker, August 18, 2008
John McCain has explicitly embraced President Bush's economic policies. This means that McCain is running on the worst economic track record of any president since the Great Depression.
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Will the Real Tax-and-Spender Please ’Fess Up?, Economists across political spectrum question McCain's portrayal of Obama,
Larry Rohter, The New York Times, June 13, 2008
“The important thing is to look at overall impact on people” and on this score, “the vast majority of the population, almost the entirety of the middle class, would see more from Obama than McCain.” —John Irons of the Economic Policy Institute
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It's Social Security Day, Is Your Retirement Safe?
Dean Baker, The American Prospect, August 14, 2008
Sen. McCain has been a longtime supporter of Social Security privatization and supported President Bush's effort to privatize Social Security in 2005. Such a plan would almost certainly both cut benefits for future retirees and make the benefits they receive less secure, since they will depend on the fluctuations in the stock market.
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The Real Economic Choice
Robert Reich, The American Prospect, August 18, 2008
McCain's economic theory can best be described as top-down economics. Obama's is bottom-up. If the last 30 years offer any lesson, it's that top-down economics is a cruel hoax. As a result of top-down, a majority of Americans now find themselves with lower real wages and less health and pension protection than they did three decades ago, inequality is wider than it has been in 80 years, and the American economy is going down the tubes. Isn't it time we tried bottom-up?
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Conservative Judaism's Law Committee Passes ‘Living Wage’ Teshuvah
Rabbi Jill Jacobs, May 28, 2008
In this blog posting, Rabbi Jacobs summarizes a teshuvah, which she wrote, which was passed by the Conservative Movement's Committee on Jewish Law and Standards, on the responsibilities of Jewish employers toward their workers. In practice, this teshuvah applies to Conservative Institutions (synagogues, Camp Ramah, Schechter schools, etc.) as well as members of such institutions.
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