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Biden: And the Economy . . ?

Juan Cole 09/08/2008

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Biden complains that his GOP rivals virtually ignored the economy in favor of snarky personal attacks.

At a time when the Republican Party is forced into socialist policies in taking over two major mortgage companies to prevent a general collapse of the mortgage market, you’d think a proposal for fixing it would be more important than discussing the scenery at Obama’s speech.

And I’d like to know how smaller government and less regulation would help with the mortgage crisis. Seems to me a good part of it was lack of government auditors and too little regulation, not to mention a handful of rich people engaged in criminality.

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About the Author

Juan Cole is the founder and chief editor of Informed Comment. He is Richard P. Mitchell Professor of History at the University of Michigan He is author of, among many other books, Muhammad: Prophet of Peace amid the Clash of Empires and The Rubaiyat of Omar Khayyam. Follow him on Twitter at @jricole or the Informed Comment Facebook Page

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