The following article by Greg Mankiw a very highly respected economist at Harvard outlines what I believe would be a lot of peoples dream election. Ok, it may be more geared towards economist but just imagine if candidates actually would focus on these topics to garner the support of the many groups within this country or the many groups starting thinking more like economist. If that were to happen, maybe we could enact more positive change.
Out of the 8 topics Greg Mankiw focuses on, I think two standout either because it is a hot topic or something not often focused on but they are:
OPPOSE FARM SUBSIDIES Economists like free markets, a principle that applies to agriculture as much as any good or service. Again, Senator McCain has the lead. Senator Obama’s endorsement of the recent $300 billion farm bill, his support for domestic ethanol subsidies and his opposition to imported sugar ethanol may bring votes from farmers, but economists view these policies as a burden on taxpayers and consumers.
LEAVE OIL COMPANIES AND SPECULATORS ALONE With the stunning rise in oil prices, both presidential candidates have been tempted to demonize market participants. Senator McCain has complained about the “obscene profits” of oil companies and called for a “thorough and complete investigation of speculators.” By contrast, most economists see nothing more sinister than the forces of global supply and demand at work. There is little benefit, and potentially much harm, in the candidates’ populist finger-pointing.
The second was actually a was a hot topic for while.