When he was running for the Democratic nomination in 2008, President Obama said he wanted to be a "transformational President" like Reagan, i.e., one who changes the trajectory of history. I hope he still wants that, because he now has the opportunity.
It is now clear that taxes will increase for both the successful and the lucky, but that is what is expected from Democrats. That helps the revenue side of the problem. But, there has been almost no information about his plans to control the spending side of the problem, especially entitlements.
Just as nobody could have opened up trade with China except a China-hater, such as Richard Nixon, nobody can attack the entitlement problem except an an entitlement-lover, like most any Democrat.
If Obama wants to be just another "tax & spend" Democratic president, he can just raise taxes on the successful and the lucky. However, if he truly wants to be a transformational president, he now has the opportunity . . . by reigning in the explosive growth in entitlement spending.
Only he can make that choice . . . let us pray that Barack Obama is indeed a transformational President!
It is now clear that taxes will increase for both the successful and the lucky, but that is what is expected from Democrats. That helps the revenue side of the problem. But, there has been almost no information about his plans to control the spending side of the problem, especially entitlements.
Just as nobody could have opened up trade with China except a China-hater, such as Richard Nixon, nobody can attack the entitlement problem except an an entitlement-lover, like most any Democrat.
If Obama wants to be just another "tax & spend" Democratic president, he can just raise taxes on the successful and the lucky. However, if he truly wants to be a transformational president, he now has the opportunity . . . by reigning in the explosive growth in entitlement spending.
Only he can make that choice . . . let us pray that Barack Obama is indeed a transformational President!
