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Politics : View from the Center and Left

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To: Suma who wrote (70843)6/5/2008 10:58:16 AM
From: Bearcatbob  Read Replies (1) of 542970
 
Suma,

All of those hopes are what are driving the ground swell for Obama. The engine that will make it all possible will be the US economy. This economy is now threatened by a runaway Congress (have you noticed the projected deficits in the current budget bill - without health care), high energy prices (have you read about the current cap and trade bill) and a huge coming tax increase when the Bush tax cuts all expire.

The left operates under a presumption of wealth in that nothing they do can destroy wealth generation.

Faced with the above Mr. Obama has a huge challenge - especially with all of the promises he has made. It will be interesting to watch the critics of the last 10 years have to govern. I repeat - Obama's biggest challenge will be the Democratic Congress.

From RDU,

Bob
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