Tuesday, January 20, 2009

Congratulations to President Obama!

Latte Republic wishes President Obama and his new administration every success on Inaguration Day!

"There is much anticipation over what Obama and his team will officially set out to do once their first 100 days actually start. Flush with the victory they helped Obama and congressional Democrats achieve, their allies in labor pushed to put the passage of a law making it easier to unionize high on the list of priorities. Business groups led by the Chamber, pushed just as hard to keep it off the early agenda. Others have urged Obama to move swiftly on health care, fearing his window to muscle through big policy changes will be brief.

Clearly, the major early effort will be to craft a nearly $1 trillion stimulus plan to revive the economy and see it through Congress. Pulling that off will be extremely tough, given that every lobbyist and interest group in Washington and a whole army of economists, policy experts, and pundits have widely divergent ideas about how that money should be spent. "They have a hard slog ahead narrowing all these ideas down and getting an agreement," says Daniel Clifton, the Washington policy analyst for institutional broker Strategas Policy Research."

the entire article can be read here: http://www.msnbc.msn.com/id/28693813/

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