(Note: This site is not affiliated with the Obama campaign; all the quotes were directly submitted to us in response to our solicitations.)
I will pay more taxes under the Obama administration, and like Warren Buffet and Adam Smith, I think that is not unreasonable. In return I get a country that: invests more in basic science research (which will grow the economy faster), understands the need for a transformative switch to a new energy economy (which gains jobs, decreases oil usage and alleviates climate problems), and regains respect on the world stage (bettering all of us in the USA, and all of us on earth). I call that a bargain.
-- Peter Norvig, Ph.D., Director of Research, Google, Palo Alto, CA
I've already contributed to and voted for Barack Obama despite the facts that I'm a 70-year-old white male and small business owner whose taxes will increase when he is president. Obama is the first Democrat I've voted for and the first presidential candidate to whom I've sent money. We need a leader who will focus on education for all; a thoughtful and intelligent leader who can inspire this great nation of ours during the difficult times ahead.
-- Bill Struve, CEO of Metal Adventures Inc., Wilmington, NC
I do not think it's class warfare [Obama's economic policies], I think it's empirical economics. The real issue is the empirical content of the supply side economics dogma. It's pretty threadbare. The "real business cycle" theory is simply inconsistent with empirical evidence. That does not prevent it from being taught as gospel to students (it's really gospel not empirical evidence). I would first and foremost talk to Ray Fair (Yale) and Mark Watson (Princeton) about the evidence for the supply side model.
What is ironic is that those who preach supply side practice a crude version of Keynesian economics that ignores all of those incentive effects claimed to be so important by the supply side theorist
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-- James Heckman, Nobel Laureate in Economics, Professor of Economics, University of Chicago, Chicago, IL
I will pay more taxes under the Obama administration, and like Warren Buffet and Adam Smith, I think that is not unreasonable. In return I get a country that: invests more in basic science research (which will grow the economy faster), understands the need for a transformative switch to a new energy economy (which gains jobs, decreases oil usage and alleviates climate problems), and regains respect on the world stage (bettering all of us in the USA, and all of us on earth). I call that a bargain.
-- Peter Norvig, Ph.D., Director of Research, Google, Palo Alto, CA
I've already contributed to and voted for Barack Obama despite the facts that I'm a 70-year-old white male and small business owner whose taxes will increase when he is president. Obama is the first Democrat I've voted for and the first presidential candidate to whom I've sent money. We need a leader who will focus on education for all; a thoughtful and intelligent leader who can inspire this great nation of ours during the difficult times ahead.
-- Bill Struve, CEO of Metal Adventures Inc., Wilmington, NC
I do not think it's class warfare [Obama's economic policies], I think it's empirical economics. The real issue is the empirical content of the supply side economics dogma. It's pretty threadbare. The "real business cycle" theory is simply inconsistent with empirical evidence. That does not prevent it from being taught as gospel to students (it's really gospel not empirical evidence). I would first and foremost talk to Ray Fair (Yale) and Mark Watson (Princeton) about the evidence for the supply side model.
What is ironic is that those who preach supply side practice a crude version of Keynesian economics that ignores all of those incentive effects claimed to be so important by the supply side theorists.
The real question apart from the current turmoil is the longer run. Denying the value of investment in knowledge;in infrastructure;in basic science and education at all levels has been and will continue to be harmful to our long run health. In my mind Obama's eyes are fixed more on things that will improve the US economy in the next century.
The basic data on the current crisis is still being revealed, but it's clear that the absence of serious regulatory oversight contributed mightily to the current problems.
It's not class warfare; its about a future-oriented society.
-- James Heckman, Nobel Laureate in Economics, Professor of Economics, University of Chicago, Chicago, IL
