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Print This StoryEditorial: The Economy On Campaign Trail
Neil Heinen Weighs In On Economic Anxieties
UPDATED: 1:48 pm CST January 17,
2008
By Neil Heinen
Editorial DirectorThe depths to which the U.S. economy has sunk reached even more troubling proportions this week with the news that Citigroup and Merrill Lynch have been forced to seek cash infusions from investors in Asia and the Middle East. Talk about a dramatic turn-around of the world order.Even more important is the role the economy played in this week's Michigan primary victory by former Massachusetts Gov. Mitt Romney.There is still no consensus on the eventual outcome of this economic downturn, with credible disagreement on whether a recession is imminent or how long this crisis might last. But the instability of the economy and the anxiety it is now causing citizens across the country is indication enough that this issue needs to rise on the agendas of the current crop of presidential candidates.Romney focused on Michigan's specific fiscal issues, but the problem is nationwide. Candidates from both parties must present detailed plans for restoring the country to financial stability and to return the U.S.'s competitive position in global markets. Without that, the rest of their agendas don't mean a whole lot.What do you think? Give your two cents in Channel 3000's TALKBACK section.
Editorial DirectorThe depths to which the U.S. economy has sunk reached even more troubling proportions this week with the news that Citigroup and Merrill Lynch have been forced to seek cash infusions from investors in Asia and the Middle East. Talk about a dramatic turn-around of the world order.Even more important is the role the economy played in this week's Michigan primary victory by former Massachusetts Gov. Mitt Romney.There is still no consensus on the eventual outcome of this economic downturn, with credible disagreement on whether a recession is imminent or how long this crisis might last. But the instability of the economy and the anxiety it is now causing citizens across the country is indication enough that this issue needs to rise on the agendas of the current crop of presidential candidates.Romney focused on Michigan's specific fiscal issues, but the problem is nationwide. Candidates from both parties must present detailed plans for restoring the country to financial stability and to return the U.S.'s competitive position in global markets. Without that, the rest of their agendas don't mean a whole lot.What do you think? Give your two cents in Channel 3000's TALKBACK section.
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