President-elect Barack Obama is taking office embracing two almost mutually exclusive economic goals. On the one hand, he wants to gain control over the spiraling federal budget deficit - the excess of spending over revenues - and on the other he is seeking massive federal spending in an attempt to kick-start the flagging economy.
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[3rd: any-and-all economic progress will be overshadowed by the massive economic hit of obligating us to any manner of Kyoto-like AGW swindle...]
Obama vows to engage world on climate change
LOS ANGELES — US president-elect Barack Obama on Tuesday vowed he would "engage vigorously" in global climate change talks and that denial was no longer an acceptable response to global warming.
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Thursday, February 5, 2009
Obama's conflicting goals
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