Thursday, November 06, 2008

By this sign shall ye recognize him

The key questions to watch for in the Obama presidency

1. How quickly he backs away from a Pelosi style generalized stimulus package which gives all taxpayers a couple hundred bucks to spend on ice cream cones and taxi fares.

2. Whether he bails out the automotive industry, or allows it to reconstitute itself in several dozen environmentally friendly, more economically efficient units

3. Whether he bails out the financial industry, or allows it to reconstitute itself into several hundred more economically efficient units.

4. How he finesses the inevitable need for a more intelligent tax policy.

5. Whether he encourages a moderately inflationary monetary policy at the fed.

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