Tuesday, January 20, 2009

All Hail Obama

At the Cato Institute blog there's an article on what Obama can learn from Bush. Here is a snipet:

Bob Woodward offers 10 lessons Obama could learn from the
mistakes of the Bush administration. One of them is “Righteous motives are not
enough for effective policy.” Woodward directs all his lessons at foreign and
defense policy, but that’s a good rule for domestic policy too. The fact that a
policy sounds right-minded — create jobs, raise the minimum wage, ban sweatshop
products, mandate energy efficiency — doesn’t mean that it will work. Economic
processes are dynamic, not static. Benefits have costs. Another of Woodward’s
rules is “A president must do the homework to master the fundamental ideas and
concepts behind his policies.” Again, that applies to economic as well as to
foreign policy. Has Obama read any thoughtful criticisms of Keynesian economics
or of “job creation” schemes or of renewable-energy mandates? He met with
conservative pundits, but has he sat down and listened to any of the many
economists who oppose his stimulus plans?



He also points out that Obama's approval rating is higher than anhy other modern pres except Jimmy Carter. If Obama is halfthe pres Carter was we are all infor a treat.



I get the historical nature of the first black pres, but have people lost all common sense, that regardless of race he is a man that has been tempted with power and will most likely do anything he can to avoid losing it, and do whatever it takes for self preservation?

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