Posts by Robert L. Borosage

Related: McCain’s Trade Deficit
Where is Sen. Barack Obama on trade and globalization? Few issues appear to so treacherously divide elite from majority opinion. Many middle-class and working-class Americans view globalization as destructive to the U.S. economy — forcing down wages, shipping good jobs abroad and increasing inequality. Most elites, however, believe globalization’s benefits are apparent; [...]

“Free trade,” said Sen. John McCain, the GOP presidential nominee in all but name, “ is the best thing that can happen to our nation. If I were president, I would negotiate a free trade agreement with almost any country willing to negotiate fairly with us.” He excoriates Sens. Hillary Rodham Clinton and Barack Obama [...]

Sen. John McCain (R-Ariz.) says that his age provides him with the “experience that is the basis for sound judgment.” That raises a simple question. How could an experienced senator run for president in the midst of a recession and put forth an economic plan which is, frankly, incredible?
McCain has just finished his “time for [...]

The economy had to be a major theme of President George W. Bush’s State of the Union address. In the weeks leading up to the speech, the message he’s been repeating, over and over, is while there are “storm clouds” over the economy, “the fundamentals are strong.”
Say what? Bush says the United States has “had [...]