Bloggers Pan Palin’s First Major Statement on Economy
By LESLIE WAYNE
NYT blog
Did Gov. Sarah Palin of Alaska know what she was talking about when she made her first major statement on domestic economic policy?
In a campaign stop in Colorado Springs over the weekend, Ms. Palin, the Republican vice-presidential nominee, addressed the biggest issue of the day — the government takeover of Fannie Mae and Freddie Mac, the giant mortgage finance companies.
“They’ve gotten too big and too expensive to taxpayers,” she said. “The McCain-Palin administration will make them smaller and smarter and more effective for homeowners who need help.”
Ms. Palin’s statement went largely unnoticed by political reporters, who are often more schooled in political rhetoric than economic theory. But left-leaning blogs and others have picked it up and are portraying it as a gaffe, noting that Fannie and Freddie are not government entities but instead are private-sector companies.
(Continued here.)
NYT blog
Did Gov. Sarah Palin of Alaska know what she was talking about when she made her first major statement on domestic economic policy?
In a campaign stop in Colorado Springs over the weekend, Ms. Palin, the Republican vice-presidential nominee, addressed the biggest issue of the day — the government takeover of Fannie Mae and Freddie Mac, the giant mortgage finance companies.
“They’ve gotten too big and too expensive to taxpayers,” she said. “The McCain-Palin administration will make them smaller and smarter and more effective for homeowners who need help.”
Ms. Palin’s statement went largely unnoticed by political reporters, who are often more schooled in political rhetoric than economic theory. But left-leaning blogs and others have picked it up and are portraying it as a gaffe, noting that Fannie and Freddie are not government entities but instead are private-sector companies.
(Continued here.)
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