Friday, January 16, 2009

More Hope for Change?

In this article from the Wall Street Journal, I have to admit I'm gaining a bit of optimism (though no loss of wariness) when it comes to our President-Elect.

I was mildly impressed that there was no "Bush Bashing" going on concerning Bush's financial policies.

I did love the last paragraph...
In putting it back together, would retirees be willing to accept that idea of having more prosperous seniors pay a monthly premium to receive their Medicare health coverage? Would liberals accept cuts in their favorite social programs? Would conservatives accept the idea of a carbon tax, to both raise big money for entitlements and prod the nation to move more quickly away from fossil fuels?

Its looking like Obama is not going to be a favorite president of anyone, after all. While he's very good with words and incredibly charming, he apparently has no qualms with imposing sacrifices on his own party to make the playing field even. I will not wax over the "carbon" tax, though - if we are, indeed, needing to cut back on programs, wouldn't it be wiser to leave energy in the hands of the private communities? There are enough people incredibly interested to donate to foot that bill to private insitutions that are quite willing to do private research on it. Why does government need to be involved on that one? And to be quite frank, with the rise of foreclosures, there's a rise of people renting - people that have little choice in the energy their land-lords have available are still forced to pay the bill to whatever energy company will service them.

I'm willing to give a little on other things, but creating taxes to fund new programs when our economy is in the state it's in is not a wise idea.

Am I being overly optimistic, or does it really sound like Obama is making some shrewd and wise choices here?

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