Tuesday, November 4, 2008

Election Day


For the first time ever, I voted for a Democrat for president. To the extent I have any political tendencies, I lean libertarian on most issues. However, I am deeply concerned about our macro-economy and a proper analysis of our current predicament suggests that the Federal government must dramatically increase spending over the next year to prevent aggregate demand from collapsing, and the nation from entering a deep recession. As much as I admire John McCain's well-documented service to the nation, I believe that an Obama administration is far more likely to adopt the correct policies to navigate this crisis. After W, Barack's eloquence and thoughtfulness will be a breath of fresh air.


Though it does concern me a fair bit that he has never held a real job in his adult life, and that he is by most accounts the most liberal member of the US Senate, the brilliant campaign he has run suggests to me that he knows how to surround himself with people who know what the hell they are doing, and that he has a firm grasp of reality. We need to put some competent people in charge, regardless of their political leanings. The Bush administration has been an utter disgrace in this regard. Frankly, if it were not for Bob Gates and David Petreus, I would be hard pressed to name a single initiative of substance by this administration that has left the nation better off.


Nonetheless, this has been a historic election, and, I hope, we will elect a man with the character and intellect to led the nation through the difficult days to come. And we will have many difficult days ahead .....