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Karl Gallagher's Political Journal
 
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Friday, January 29th, 2010

Time Event
5:23p
Bits I like from Obama
Obama's proposing a freeze on 16% of the federal budget. Not much, but it beats continuing to spend all out.

He's canceling NASA's Ares rocket program. I'm all for that. NASA long past the days of being able to produce worthwhile manned missions and Ares has all the traits of a program fated to fail on all parts of fast/cheap/good.

He also told the Republicans the voters "didn't send us to Washington to fight each other in some sort of political steel-cage match to see who comes out alive." True for most of them . . . but the way things are going we might want try the experiment and see if it gets better results than the current system.

Current Mood: calm
5:58p
This is Great
I've seen a bunch of links to this go by and skipped past with a "you've got to be kidding" expression. Finally watched it. It's a fantastic summary of our central economic policy debate.

Keynes vs. Hayek rap music video.

Current Mood: impressed

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