David Brooks is, to my mind, the most perceptive American political commentator. He is a conservative who understands both the potential and limitations of Obama. Today, he argues that Obama’s decision to try and do everything through the stimulus is as bold as it is risky. He writes that:
“This is daring and impressive stuff. Obama’s team has clearly thought through every piece of this plan. There’s no plank that’s obviously wasteful or that reeks of special-interest pleading. The tax cut is big and bipartisan. Obama is properly worried about runaway deficits, but he’s spending money on things one would want to do anyway. This is not an attempt to use the crisis to build a European-style welfare state.
The problem is overload. Four months ago, no one knew how to put together a stimulus package.
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