In Defense of Obamanomics (Obama advisor defends socialist agenda)

Wall Street Journal ^ | 3/8/09 | LAURA D'ANDREA TYSON

[jimbo123]

If leadership is defined as recognizing a crisis, addressing its challenges, and setting new directions while remaining true to one's values, then Barack Obama is already demonstrating his strengths as a leader. He has inherited an economic crisis worse than any the nation has experienced since the Great Depression. Within fewer than 50 days in office he has signed a historic stimulus package to bolster demand and create 3.5 million jobs. Governors, business leaders and economists from both the left and the right have applauded the stimulus. Friday's distressing employment numbers indicate that much more may be needed.

President Obama has also proposed a 10-year budget that is faithful to the progressive vision he articulated during his campaign. His budget includes significant investments in health care, energy, the environment and education, and a tax cut for the middle class. It also calls for higher taxes on the top 3% of income earners to finance his priorities and reduce the deficit. Not surprisingly, a budget plan this ambitious is triggering strong and well-organized opposition on numerous fronts.

[kcvl]

LAURA D'ANDREA TYSON

She is currently a professor at the Haas School of Business of the University of California, Berkeley, a Director of Morgan Stanley since 1997

She is married to writer Erik S. Tarloff and has one son, Elliot S. Tarloff

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The Republican's Palin Problem

Sarah Palin may have enraptured the party faithful, but the Republicans will condemn themselves to a long time in the wilderness if they allow her to run in 2012

Erik Tarloff

"In the end, Republicans have no one else to blame. By pandering to their base and elevating someone manifestly incompetent, they’ve marginalised themselves, and they don’t seem to know it."

[kcvl]

Erik S. Tarloff

[mvpel]

He has inherited an economic crisis worse than any the nation has experienced since the Great Depression.

... coming about only two years after the Democrat Party takeover of Congress and the nation's purse strings.

[mayflower1637]

throw in one 9/11 scenaro that was estimated to cost three trillon dollars to America and the little crystal ball rolls off the table and shatters.All Pres. Obama has done is speculate with a rosy outcome at the end of his rainbow.Any moron can do that,even without teleprompters.one little speedbump,maybe like the one Biden prophecyand the whole speculation chart goes out the door.Throw in the fudged numbers that were used in the first place and your in never-never again land.