Libertarian Democrat Point Of View: An Eccentricity

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Wednesday, November 5, 2008

Obama Economic Checklist

The NY Times does a little checklist on President Obama's economic plans:

"Here are some of the crucial issues that economists say will test the new administration, and how it might address them."

In parentheses, how likely to be enacted
After, whether I agree
What is going to happen, with the understanding that what he said in the campaign will change
1) ECONOMIC STIMULUS: Obama Is Likely to Act Quickly ( Likely) Agree: No idea
2)
MORTGAGES: A Pledge to Aid Homeowners ( Maybe: If a plan can ever be agreed upon ) Agree, maybe:No idea
3)
FEDERAL REGULATION: Tighter Reins on Wall Street ( Likely ) Agree, maybe: No idea
4)
AUTO INDUSTRY: In Detroit, No Cash, No Credit, No Time ( Likely ) Don't agree: Loans
5)
HEALTH CARE: An Overhaul Will Have to Wait ( Not likely ) Disagree: No idea
6)
TECHNOLOGY: To Shape Policy, a Cabinet Voice ( Likely: czar, Unlikely: visas ) Agree with visas, not cabinet czar or whatever )
7)
ENERGY: An Agenda Faces Possible Delays ( Likely: Agree, maybe ) No idea
8) TRADE: Cooperation Fades, Protectionism Rises ( Unlikely: disagree ) He'll end up agreeing with me and jettison protectionism, although he might jawbone more about fair trade, which I'm fine with. I don't find the concern silly, just hard to put into effect without negative consequences that outweigh it
Donald Pretari at 7:32 PM

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