"Given the array of problems that the Obama administration will confront, what should its priorities be? How much will the new president be able to spend on programs like alternative-fuels research or middle-income tax cuts without driving the federal deficit to unmanageable depths? And how will those short-term spending decisions affect his ability to deal with a long-term crisis -- trillions of dollars in obligations to retiring Baby Boomers as they enroll in Medicare and Social Security? A growing number of commentators contend that Obama's success in dealing with the economic slowdown will affect his policy decisions in other areas."The quote above, taken from Knowledge at Wharton is part of a larger article in which some of the brightest business minds on the planet "weigh in" on what steps should be taken by the Obama administration.
I recommend the Knowledge @ Wharton series to all business majors.
Posts
No comments:
Post a Comment