Barack Obama will make the case for government today:
[A]t this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe. Only government can break the vicious cycles that are crippling our economy — where a lack of spending leads to lost jobs which leads to even less spending; where an inability to lend and borrow stops growth and leads to even less credit.
On the other hand, he might do for Social Security and Medicare what Bill Clinton did for welfare
President-elect Barack Obama said Wednesday that overhauling Social Security and Medicare would be ?a central part? of his administration?s efforts to contain federal spending, signaling for the first time that he would wade into the thorny politics of entitlement programs.
