Plowing the ground – stimulating the economy

If there is no struggle, there is no progress. Those who profess to favor freedom, and deprecate agitation, are men who want crops without plowing up the ground, they want rain without thunder and lightning. Frederick Douglass

Boy, were those exit polls ever right – it’s the economy! The good news, so to speak, is that stimulating the economy is a shared priority of our nation’s leadership. I’ve pulled significant quotes from two related stories and provided links to the full text.

Financial crisis complicates Obama transition

As president-elect, Barack Obama faces a tricky task as he begins dealing ever more directly with the economic meltdown, grappling with the worst financial crisis in seven decades but not yet wielding the power to do much about it…

Obama’s victory emboldened Democrats and helped them expand their House and Senate majorities. “The fact is that this president goes into office with more expectations than any president I can ever remember in my lifetime,” said House Speaker Nancy Pelosi.

But some liberal Democrats may expect him to deliver more than they’re likely to get. As Pelosi was quick to note, “The country must be governed from the middle,” and that will increase pressure on Obama to make compromises. (emphasis added) Continue reading “Plowing the ground – stimulating the economy”