Thursday, January 08, 2009

Optimistic About Obama

Palin's remarks about her optimism with respect to the incoming administration starts at about 3 minutes into the video.

I do agree with her. The Obama emphasis on lowering business taxes is a good thing. Because of Obama's immersion in Marxist philosophy as a youth I was not optimistic about his economic policies. We will see how he actually does in office, but so far I'm not displeased with his direction.

Cross Posted at Classical Values

1 comment:

Neil said...

From what I can tell so far, He's not really lowering business taxes--it's just a few narrowly-focused deductions. That's not going to do much at all for the economy.

The possible exception would be the immediate deduction for capital expenditures. If that is defined broadly enough and is made permanent, that would be very, very good news. That could go a long way toward fixing our trade imbalance, in the medium term.

But first it has to get through the Dem committee chairmen in Congress....