Sunday, February 1, 2009

Assignment 1: A. Oliver

Thomas L. Friedman wrote the article, "Radical in the White House" on January 21, 2009, also known as the inauguration of president elect Barack Obama. This article was addressing everyone in America. At first he was noting the great social strides that America has taken with the African American community. From our ugly days of slavery, to the president of the United States being black, this is an extreme accomplishment and this is what the vendor was, perhaps, referring to; or, he simply absolutely hated the Bush administration. At any rate, America truly has taken many strides in the last few weeks and perhaps will continue to due so throughout the Obama administration.

Friedman touched on some very important notes. Indeed, Obama is at a point in American history where he can do truly great things, or truly horrendous things. These absurd Keynesian values that are estimated to bring about a stimulus plan seems, to many people, and myself, at best, a 'shot at the moon'. 1.35 sounds like such a small number without the dreaded 't' word following. One thousand three hundred and fifty billion dollars are predicted to be dumped into the stimulus plan. This may work, and it may bust, and regardless of the outcome it means more debt. Yippee. However, this is not a conservative view, seeing how it is arguably their fault that we're are forced to show our hand, to make such a radical decision. The 'key'nesian (excuse the pun) thing that Obama must do with the stimulus plan is intelligently plan out an infrastructure investment that will pay out big, and make sure that the tax cuts that he is implementing are being sent to people who cannot afford to save it.

On a lighter note, I have thoroughly enjoyed watching Obama calling out the corruption America has. Sadly, it is true that people with money have major power in America's economy. Greed is destroying us and the tax payers are forced to suffer and clean up after their mess and greed. By 'their' I am referring to the people asking for handouts and then turning around and pissing their money away when they know that they, nor America, nor the working class can afford for them to do so; this is an example of true irresponsibility. As Obama has said so many times, we must take things into our own hands, hopefully, we, the American people, are able to do such a thing and take pride in it.