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Saturday, December 29, 2007

"Never-Never Land": This year's "voodoo economics" moment? 


John Edwards, the leading anti-business candidate, went after Barack Obama with hammer-and-tongs yesterday:

Friday morning at a forum for undecided voters in Independence, Iowa, Edwards repeated his implicit criticism of Obama, saying any candidate who thinks he or she can invite corporate America to the table and achieve real results for Americans "is living in never-never land."

That sounds a lot like George H.W. Bush's famous "voodoo economics" quip, which did not stop Ronald Reagan but which Democrats used to great effect for more than a decade. Perhaps it will not be as durable, because it describes an attitude rather than a policy ("voodoo economics" referred to the idea that one could increase tax revenues by cutting tax rates), but it certainly feels as though the phrase will survive as long as Obama does.

CWCID: Glenn Reynolds.

3 Comments:

By Anonymous Anonymous, at Sat Dec 29, 10:55:00 AM:

Does Edwards really believe he can pass his health care plan while shutting out corporations? Does he not remember what happened to Hillary's health care plan. If anyone is living in never-never land its Edwards.  

By Anonymous Anonymous, at Sat Dec 29, 02:18:00 PM:

Edwards believes that corporations are endless fonts of money that he can steal to show how "compassionate" he is. Since he's a trial lawyer I shudder to think what kind of tort regime he would push for as President.  

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