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March 3rd, 2009
08:54 AM ET

Obama's audacious agenda: Who's paying for it?

[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/images/03/03/art.gfx.wallst.jpg]
The Boston Globe
Frank Micciche

AUDACITY on steroids. How else to describe the Obama administration's fiscal 2010 budget proposal, unleashed on an American public so staggered by the events of the last few months that they cannot comprehend the magnitude of the plans Mr. Obama and his still-inchoate Cabinet have for the nation.

The list of problems the new president has resolved to put right reads like a roll call of the loftiest policy ambitions of every administration since FDR. Like Harry Truman, Richard Nixon, and Bill Clinton, Obama aims to provide access to healthcare for every American. Like Jimmy Carter, he provides billions to encourage America's home-grown renewable-energy industry. Like Lyndon Johnson, he vows to end childhood hunger within a decade. Like Truman, he proposes free public higher education for virtually all Americans. And like Ronald Reagan and George W. Bush, he seeks to stabilize Social Security and Medicare for generations to come.

That each of these projects failed to one degree or another would give pause to most administrations intent on tackling any one of them. By contrast, Obama has declared that, amidst the greatest financial crisis since World War II, he will solve all of them.

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Filed under: Economy • President Barack Obama
soundoff (6 Responses)
  1. Hal Edwards

    Mr President – I'm all for you and your vision, as I believe are most Americans. However, I think your recent Congressional address shows a lot of trying to do too much too soon. With, as I understand it, a projected year 2010 budget deficit of over 12% of GDP, it seems you are spending the US into financial oblivion. I'm very worried by the extent of the spending – the passing of deficits onto the backs of our children and grandchildren. Accordingly, I strongly urge a reconsideraton of your budget programs, and the extent of the spending on the bailout/TARP programs, which seem to also be excessive compared to the results to date. My continued hopes for your ability to pilot us through these trying and unprecedented times. I voted for you, Concerned Citizen.

    March 3, 2009 at 1:16 pm |
  2. Michele Gomis

    A modest Proposal:

    Let all Republicans come up with THEIR "Recovery Plan" and Budget, and follow it without complaint.
    (Haven't heard any constructive alternative suggestions yet...can they come up with any or do they just whine and moan about the current plan because it's not theirs?)

    Let all Democrats continue on the current path.

    Whoever comes out at the end alive wins.

    March 3, 2009 at 1:14 pm |
  3. Larry L.

    Obama is playing us for greedy fools,and why not ,the media and the left are supporting this folly all the way.What I do not understand is why,we all have children and or will have grandchildren that are the ones that will end up paying our price for this presidents ego trip,that will be short lived.

    March 3, 2009 at 1:09 pm |
  4. Melissa

    You have a problem taking care of your country? I'm quite fine with paying for it. The country needs to be fixed and the only way to fix it is to pay for it. Last I looked being selfish is a bad thing. This country is filled with alot of selfish people.

    March 3, 2009 at 12:55 pm |
  5. Michael "C" Lorton, Virginia

    His planmight fail--but he will fail trying to succeed--and in the end failure or success--it is we the taxpayers who will pay-we are dam if we do and dam if we don't--this is where the faith-base fix engages--because when you have no cash-–you have no cash.

    March 3, 2009 at 11:59 am |
  6. Annie Kate

    I think we all realize we have to temper our expectations with some reality and that Obama needs to temper his enthusiasm and plans down to what can be done and lay out the plan for the rest for the next generation to carry on. In recognizing and singling out the problems and how they should be fixed he has given himself and a great many volunteers a lot of targets to aim at resolving. I hope that he can keep up the enthusiasm and pass it on to all those who can help in his solution to our problems. When it comes to solving everything that is wrong I think Obama is thinking very much of "we the people" as his partners in the solution and execution of that solution.

    March 3, 2009 at 11:40 am |