Obama's economics worldview

A preview of a feature by David Leonhardt in this Sunday's NYTimes Magazine on Obama's economic policies. A really worthwhile read. You can choose who to vote for based on political ads or party affiliations, but this day and age makes it easier to research candidates than in years past, and it's worth the effort.

The press and the public have had a hard time coming up with an easy narrative for Obama's economics, perhaps because he doesn't fit neatly into pre-conceived economic stereotypes for liberal or conservative politicians.

He should have much appeal to voters who classify themselves as socially liberal, economically conservative.

The partial embrace of Reaganomics is a typical bit of Obama’s postpartisan veneer. In a single artful sentence, he dismissed the old liberals, aligned himself with the Bill Clinton centrists and did so by reaching back to a conservative icon who remains widely popular. But the words have significance at face value too. Compared with many other Democrats, Obama simply is more comfortable with the apparent successes of laissez-faire economics. Sunstein, now on the faculty at Harvard, has a name for this approach: “I like to think of him as a ‘University of Chicago’ Democrat.