Tuesday, January 20, 2009

A disturbing aspect of Obama's economic plan

There's nothing on mortgages, foreclosures, bank management, bailouts, deriivative tangles, SIVs, or any of the other financial issues dragging us into depression. This site came up as soon as Obama assumed the presidency and doesn't appear to be pulling punches, as Obama did during the transition. Other issue pages put forward a clear, if somewhat mild, center-left agenda in basic agreement with his campaign promises. So Obama has at least not yet figured out how to address the real economic problems, not even to the point of putting out an outline.

These problems are thorny but they will not wait. It's very concerning that Obama does not yet have a road map he's willing to publish, and possibly no road map at all.

No comments: