CNN has a headline story today, titled "Some one has to speak up on the economy." They note the the President and the President-elect are both keeping radio silence on the topic of the economy.
Careful readers of this blog (that means me and my dog) will note that I have been calling for Clinton-Bush I leadership on this issue for some time. I can understand why it would have been difficult during the campaign, but this is getting serious. The markets are approaching free-fall, and there is some serious panicking going on. The lame-duck President is silent, for obvious reasons--it's too late and he doesn't have anything to say anyway. Our President-Elect is silent because he's not the President yet, and he doesn't have time to be making serious economic policy addresses.
Who has time, political capital, respect, and the guaranteed attention of the press and foreign leaders? Former Presidents Clinton and Bush I, that's who. If they would speak jointly and without the filter of politicization about the continued efficiency of the American workforce, about the need to continue to invest in our infrastructure, and about our American "can-do" attitude that we can work ourselves out of any temporary setbacks, I think people would listen. We desperately need leadership on this issue.
C'mon Bill. Get over here, George. What are you waiting for?
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