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February 25, 2008

Missing from Democratic presidential campaigns, Feb. 25 version

1. A call to allow carbon tariffs as part of WTO reform. (This is only a partial miss on Obama’s side. He has said he wants to reform WTO at the Doha round to get some environmental standards in there, but I doubt that he wants to go that far.

2. A national office of insurance regulation. If a national healthcare system is run through private insurers, a federal regulatory office is vital. Both Clinton and Obama have been silent on this.

Such an office would ideally regulate home and auto insurance, too, since state regulatory agencies are toothless. (Life insurance, as an investment product, already has some federal regulation.)

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