Friday, January 23, 2009

Obama and The Enigma

drawing by marguerita
But it was not to be...
I ended Tuesday less confident about the direction of economic policy than I was in the morning.Like anyone who pays attention to business and financial news, I am in a state of high economic anxiety. Like everyone of good will, I hoped that President Obama’s Inaugural Address would offer some reassurance, that it would suggest that the new administration has this thing covered.
In response to an unprecedented economic crisis — or, more accurately, a crisis whose only real precedent is the Great Depression — Mr. Obama did what people in Washington do when they want to sound serious:
he spoke, more or less in the abstract, of the need to make hard choices and stand up to special interests.
Op-Ed Columnist - Stuck in the Muddle -

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