Morning Update: Economy Concerns
Both presidential candidates called for economic reforms economy on Monday. Sen. John McCain (R-AZ) pledged to “replace the outdated and ineffective patchwork quilt of regulatory oversight in Washington and bring transparency and accountability to Wall Street.” On Tuesday morning talk shows, McCain called for a high-level commission (AP), similar to the 9/11 Commission, to look into the economic crisis.
In an interview with Bloomberg, Sen. Barack Obama (D-IL) said the idea “that taxpayers can continue to be on the hook for firm after firm after firm I think is a real problem.” He also criticized the Bush administration for the “lack of a regulatory framework.”
The New York Times compares the candidates’ positions on science issues, including climate change, energy policy, defense research and genetics research, among other topics.
