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The Iowa/New Hampshire Exchange: Economic Issues
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  In the first installment of The Iowa/New Hampshire Exchange, we’ll explore the economies of both states. What are each state's main industries? How does trade affect each state? And what are the candidates saying in Iowa and New Hampshire about economic policy? Laura co-hosts today's program with Ben Kieffer, who hosts Iowa Public Radio's talk show, also called The Exchange. Guests
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Many of my friends here in Iowa are supporting Sen. Barack Obama because he is not willing to continue to fund the Iraq war ad infinitum. Obama seems to be the one candidate here in Iowa who understands that these funds really need to be used effectively to work on health care and education.
Great show yesterday! Thanks to all of you.
I attended an town hall type event Bill Richardson had here in Dubuque on Monday. The theme was Veterans issues.
After folks had their Veterans issues addressed, I asked Governor Richardson "What about the dollar"? He immediately responded that we need to bring the deficit under control to strengthen the weak dollar. Recalling a chart I had seen in the Wall Street Journal sometime in the past few days, I agree with him. The chart showed the last time the dollar peaked was when we were running budget surpluses and were actually paying down the accumulated debt at the end of the Bill Clinton's second term.
Using fiscal policy to effect positive economic change may be slow and somewhat like pushing a string - but it seems like fiscal discipline is something that sells itself as a good idea. The markets and the general economy seem to really like a balanced budget. Apparently, the dollar does as well.
Cheers!
Colin
Dubuque, IA
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