Not taking teachers union ;Not adopting carbon tax. There is concern that Obama is spending too much money but he has not fully taken on the more difficult obstacles that would make his progams work. His programs are the most expensive in the history of government spending. On education, he has pledge a lot of money but he is failing to take on the teachers union who stand in the way of any serios reform in education.
On energy policy, Obama is shying away from the carbon tax which is the only reasonable deterrent against excessive or inefficient use of energy but has devoted a lot of money to new spending on energy programs.
On the economy, he is over spending on health care but he has not put in place any serious reforms on healthcare and scale of his economic spending risks causing massive inflation down the road.
Sunday, April 26, 2009
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