|Source: Tom Clip- Professor Jeffrey Sachs-|
I don't want to see President Obama become more socialist ( let's say ) in a second term. Meaning he'll look to expand the Federal Government and create all new social insurances and so forth. He's going to have to concentrate on the economy starting off and hopefully he'll get something like the American Jobs Act passed through the next Congress, that's built around infrastructure investment, moving towards energy independence, through investing in all of our natural resources. More tax relief for the middle class, to encourage more consumer spending.
These are things that we need to do as a country, create economic and job growth, so we can move towards real deficit reduction. I believe President Obama understands these things and will be concentrating on them. He's not Franklin Roosevelt, he's not looking to create a New Deal, he didn't run for President to expand the Federal Government, but to meet the challenges of the country and they mostly has something to do with the economy. I don't believe he even believes in economic socialism, but is more of a Teddy Roosevelt, perhaps even Jack Kennedy Progressive, when it comes to the economy.