Excerpts From Major Obama Speech on Economic Policy

Published: February 13, 2008, 4:31 pm

Barack Obama launched a major campaign focus on trade and economic policy with a speech in Janesville, Wisconsin today, and Mark Halperin at Time has excerpts (h/t to Sirota at DKos). Here are the highlights: We are not standing on the brink of recession due to forces beyond our control. The fallout from the housing crisis that's cost jobs and wiped out savings was not an inevitable part of the business cycle. It was a failure of leadership and imagination in Washington ... It's a Washington where decades of trade deals like NAFTA and China have been signed with plenty of protections for corporations and their profits, but none for our environment or our workers ... It's a Washington where politicians like John McCain and Hillary Clinton voted for a war in Iraq that should've never been authorized and never been waged a war that is costing us thousands of precious lives and billions of dollars a week ... I'm laying out a comprehensive agenda [that] focuses on three broad

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