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CNBC Host to Obama Advisor: Ask Yourself – 'What Would Milton (Friedman) Do?'
newsbusters.org ^ | August 14, 2008 | Jeff Poor

Posted on 08/14/2008 4:07:53 PM PDT by Rufus2007

It's not often someone in the media challenges the liberal point-of-view - especially on the issue of taxes when they become a means to redistribute income.

CNBC "Squawk Box" fill-in co-host Michelle Caruso-Cabrera wasn't afraid to buck the trend and challenge Democratic presidential nominee Sen. Barack Obama's senior economic adviser Austan Goolsbee.

Goolsbee appeared on the August 14 "Squawk Box" to defend an op-ed he wrote for the August 14 Wall Street Journal outlining Obama's tax plan. Caruso-Cabrera invoked the name of Milton Friedman, an economist who was a primary defender of free markets throughout the 20th century. Ironically, Friedman taught at the University of Chicago, where Goolsbee is a faculty member.

"WWMD, Austin - what would Milton do? Remember that," Caruso-Cabrera said. "Remember your roots - what got you to where you are."

...more (w/ video)...

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: carusocabrera; cnbc; economicpolicy; miltonfriedman; obama
Goolsbee's the one who told the Canadians Obama wasn't really going to end NAFTA during the primary.

It's good to see someone - drive-by media or not - stick it to the Obama camp.

1 posted on 08/14/2008 4:07:53 PM PDT by Rufus2007
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To: Rufus2007

Good to know. Sorry I missed it!


2 posted on 08/14/2008 4:30:44 PM PDT by Carley
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To: Rufus2007
Nice one.

Of course, the Friedman that is probably most relevant to the Obama campaign is Stanton Friedman.
3 posted on 08/14/2008 4:32:11 PM PDT by beezdotcom
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To: Rufus2007

If Goolsbe actually knew much about economics he could not associate himself with Obambi. Ergo, Goolsbe does not know much about economics.....

Hard to believe that anyone associated with the Obambi campaign would dare to talk about Milton Friedman, even if only to distort his work. Socialists flee screaming from Friedman’s work and ideas, like vampires terrified of sunlight.


4 posted on 08/14/2008 4:47:11 PM PDT by Enchante (If oil was botox then Nancy Pelosi would have us drilling everywhere!!! (hat tip, STARWISE))
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To: Rufus2007

A while back Obama and former GE chairman Jack Welch were on CNBC together. A week or so later Jack was back on CNBC and said Obama didn’t listen to anything he said.(or something along those lines)


5 posted on 08/14/2008 4:59:07 PM PDT by EVO X
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To: Rufus2007

not guilty!:

http://img267.imageshack.us/img267/2848/5052508jq9.jpg


6 posted on 08/14/2008 5:03:42 PM PDT by isom35
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To: Rufus2007

What would Karl do?


7 posted on 08/14/2008 6:24:46 PM PDT by Loyal Buckeye
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