Tuesday, November 18, 2008
Wednesday, November 5, 2008
IT WILL BE HARD TO CREATE JOBS
Unemployment is likely to rise during the first year of Obama's term, no matter what steps he takes.
"Here's the challenge facing President-elect Barack Obama as he weighs how to create more jobs: Another half-million jobs likely will be lost between now and Inauguration Day in January...
"...Economists generally believe there's little Obama can do to stop more job losses in the short-term, even if he's able to get a new economic stimulus package passed by the lame-duck Congress and signed into law by President Bush.
"'Superman couldn't change what's in store for the U.S. economy. It's going to be ugly,' said Rich Yamarone, director of economic research at Argus Research."
I'm sure that would have been the exact same story run about McCain, had he been elected. The one that really made me laugh, though, was on MSNBC's website under the story entitled:
OBAMA FACES GREAT EXPECTATIONS
"Even after nearly two years in the spotlight, little is understood about the 47-year-old first-term senator's approach to leadership. His resume: community organizer, eight years as state legislator, and less than four as U.S. senator.
"As a lawmaker, he has displayed a knack for working with Republicans on a handful of favorite issues. But he has devoted most of his time in the Senate to running for president. Unlike the past seven presidents, he was never a governor or vice president. And unlike John F. Kennedy, the last senator to move directly to the presidency, Obama has not commanded troops in wartime."
I'm sure MSNBC was saying the same thing about Obama's inexperience prior to the election and we simply didn't notice.
President-elect Obama set the media's agenda for the next few weeks in his victory speech:
"The road ahead will be long. We may not get there in one year or even one term.
"There will be setbacks and false starts. There are many who won't agree with every decision or policy I make as president. And we know the government can't solve every problem."
I'm sure he was saying that along the campaign trail and we just missed it.
After promising the world throughout the campaign, it appears it is now time to lower expectations.
"Wednesday the sun came up and I was happy. It is still morning in America. The candidate I voted for did not win, but I got to vote in a free and fair election. Power will be passed peacefully and the Constitution is intact.
We should never take that for granted.The United States of America is still a marvelous place to live."
It is worth your time to read.
(I also recommend checking out his essay on Discrimination and Prop 8.)