Obama Vs. McCain – Economic Advisors

October 14, 2008

In the Blue corner, with the blue shorts, and the big brains, Barack Obama’s economic team:

Economic policy advisors:

Other prominent economists who support Obama:

Prominent finance people who support Obama:
(not actually economists)

  • William Donaldson, Securities and Exchange Commission (SEC) Chair 2003-05
  • Arthur Levitt, SEC chair 1993-2001
  • David Ruder, SEC chair 1987-1989
  • Warren Buffett, investor, richest person in world

In the red corner, with the red faces, and the flip flops, John McCain’s economic team:

  • Phil Gramm, lobbyist and former congressman, deregulation meister
  • Kevin Hassett, author of a book that claimed the Dow would hit 36,000 by 1999…seriously.
  • Carly Fiorina, disgraced former CEO of HP, poor performace, massive layoffs
  • Nancy Pfotenhauer, lobbyist, married to lobbyist, and president of an anti feminist group
  • Donald Luskin, idiot
  • Doug Holtz-Eakin, liar*
  • Arthur Laffer, should be required to legally change his name to Laugher

So, how do the teams compare? Senator Obama not only has 4 Nobel Laureates on his side (not including Paul Krugman, an avid Obama supporter), and Warren Buffett, but also two former Treasury Secretaries. McCain has a few lobbyists, and a couple of fools who have been caught lying more times than Tommy Flanagan.

This shouldn’t be surprising, as over 80 percent of economists believe Barack Obama would have a better economic team than John McCain. When the economy is this messed up, and 80 percent of economists are trying to tell you who has a clue, maybe you should listen. But, then again, maybe there are those that want some sort of post apocalyptic economy.

*From FactCheck.org about just one of Holtz-Eakin’s statements (there are many, many more): Holtz-Eakin is a former director of the Congressional Budget Office, so we were surprised to see him misstate such a basic figure. But he does. The $31,850 number he cites was for income earned last year, 2007, as the Internal Revenue Service notes on its Web site. The IRS announced last October that the tax brackets for this year would be widened, as they are every year, to adjust for inflation. For 2008, the 25 percent bracket begins at $32,550 of taxable income, as the IRS notes in this procedural manual.

(Thanks to Economists for Obama for the list)



  1. I’ve been reading along for a while now. I just wanted to drop you a comment to say keep up the good work.

  2. Great post! We recently produced a quick video on roughly the same topic the other day! Check it out and let’s be sure to spread the word!! http://www.youtube.com/watch?v=w_nFkgvyKBk

  3. Daybreak Independent,

    Would you mind if I used the video in a post?

    It was excellent.

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