Senior Research Fellow Richard Ebeling was quoted in The New York Society of Security Analysts' first issue of The Investment Professional:

Richard Ebeling, PhD, senior fellow at the American Institute for Economic Research, believes neither candidate is facing reality in terms of curtailing entitlement programs, which will be the major engine fueling the budget deficit and spending, in his opinion. ' The deficit means that the government has to borrow money to make up the difference between what it takes in as taxes and what it spends as expenditures for these programs.'

'Where does the borrowed money come from?' he asks. 'It either comes from the savings of private individuals in the United States of it entails our increased reliance on private individuals, companies, and countries abroad. Eventually we'll either have to pay that back or bilk those who have lent the government money.'

Ebeling went on to say:

For free-trade proponents, the issue is clear, as Ebeling sees it. 'Which candidate understands that we are in a global economy? Which sees that borders, while they still remain as lines on a map, are increasingly imporant?' he asks. 'The market boundary is now the world. Do we want to participate in and benefit from this global territory that leaps over and goes under and ignores these artificial political boundary lines? If so, then we need the candidate who is most willing to follow open and competitive trade policies. That candidate will benefit the financial markets and the citizenry as a whole.'