Future Economy

Okay, so Obama won an early victory with this precedent-setting stimulus bill not even a full month into his term. People talk about the first 100 days of a president's term for some reason. 30 days is an impressive bit of negotiation and sway, in my opinion.

So here's an aspect of the stimulus package that I think a lot of folks are missing. Obama started out by getting a large chunk of money allotted to bail out banks and other businesses and get things back to steady. If it doesn't work, for whatever reason, he can entertain other options, but further bailout monies will likely NOT be part of the equation.

Longer term, this stimulus package is an easy bet for him to make. If it works, he fixed the economy in his FIRST 30 DAYS. If it doesn't, he can entertain new options from both sides of the aisle, as long as they don't include more taxpayer money. It's kind of a political win/win scenario.

I suppose there is a possibility that this doesn't work and he tries to go back to the well a second time, but I imagine he'd be smart enough to know that it wouldn't work. Besides, I'm hoping that the economy cycles back to steady on its own and this stimulus package is icing on the cake.