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This is a major fiscal problem in the short run, but it doesn't alter the long-run fiscal picture
Candidates' basic economic ideas unchanged Sep 23, 2008
It's not a bailout because this is part of the energy bill
Loan for automakers elicits bailout fears Sep 10, 2008
It is not surprising that a Washington celebrity like John McCain would be able to collect contributions based on 26 years of special favors provided to individual businesses
Top CEOs give more to McCain, review shows Aug 15, 2008
While Senator McCain may believe that the small reduction in the trade deficit represents great progress in an economy he thinks is doing just fine, Barack Obama believes that America can do better than a $693 billion trade deficit over the last year
Obama camp hits McCain over trade deficit Aug 12, 2008
Barack Obama believes that the benefits of NAFTA were oversold to the public and that it has cost a significant number of jobs in lots of communities and sectors of the economy
Obama wants NAFTA amended Jun 26, 2008
Jason Furman (born 1970) is an economist and influential policy intellectual. On January 28, 2009, Furman was named Deputy Director of the National Economic Council in the administration of President Barack Obama, whom he'd been advising since the latter stages of the 2008 presidential campaign. Although he generally works with Democrats, he is reported by the Capitol Hill newspaper Roll Call to be widely respected by Republicans, as well. Matthew Yglesias has referred to him as Lawrence Summers' "smart, hardworking, well-regarded deputy," and suggested that he replace Summers as head of the National Economic Council.
Furman's research and policy focus includes the subjects of taxes, health care, and the U.S. Social Security program. Furman's qualified defense of Wal-Mart's business model provoked criticism from some labor organizations when he joined Obama's 2008 campaign. But notable liberals defended Furman, praising his staunch defense of Social Security, criticism of inequality, and advocacy of universal health insurance.
In 1996, while he was a graduate student at Harvard, Furman was hired by economist Joseph Stiglitz to serve a one-year stint as Special Assistant to the President for Economic Policy in the Clinton Administration and on staff of the Council of Economic Advisers. He later worked with Stiglitz at the World Bank. Furman was involved to varying degrees with the Presidential campaigns of Al Gore and General Wesley Clark. In 2004, he took a position as Director of Economic Policy for the John Kerry Presidential campaign in 2004.