What will happen when the unintended consequences hit? F.A. Hayek warned that a government serious about enacting its economic plan must be prepared to use heavy-handed measures. Is that what we want?
During the campaign, obama spoke of 'failed economic policies' or 'failed Bush economy' or some such, until the brain wanted to shut off. Then I caught him saying 'Failed economic system' and I started paying attention again. They did promise to transform the nation, and them's pretty ambitious words.
Obama is an extraordinarily talented man.
I see a lot of disagreement with the author on this point. I would not misunderestimate BO or his clique. they are dangerous to the economy and to liberty. He did make it to president, after all. I do take what they say and what they do at face value, and then plan from there. Stossel has a great post here, every point is dead right.