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November 21, 2008

Hah: Obama Advisers Urge Soft Bigotry of Low Expectations

Change.

A top economic advisor to Obama had a glum warning for the rest of us Thursday morning: Neither the job market nor the stock market will be turning around any time soon.

"This might be a long haul," said Robert Reich, who was President Bill Clinton's secretary of labor. "2009 is going to be a very hard year. Some economists say we won't be out of this for two years, others are saying it may be three, or four, maybe five years."

Now on Obama's transition team, Reich worries about what happens after the new president is sworn in Jan. 20.

"We all have to be very careful about the expectations that we are putting on this man, our president-elect," Reich said. "If we all assume it's going to be the first 100 days, we're going to be disappointed."

The man who was Obama's chief campaign strategist is moving to lower expectations, too.

"We are inheriting an array problems unlike any president has faced, maybe since Franklin Roosevelt in 1932," David Axelrod said. "It's not going to be easy, not going to be quick."

Sorry, I'm expecting the earth to be healed and the seas to fall almost immediately.

I was promised.

Hey, as long as Obama's first 100 days are as energetic and positive as the 2006 Democratic Congress' first 100 days, everyone should be pretty damn happy.


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posted by Ace at 02:19 PM

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