Obama has already done an awful lot in 18 months as President, pushing against a know-nothing deficit reduction tide out in the country (and also among the Concord Coalition elites). He has doubled-down on George W. Bush's TARP fund (a success), produced an historic $787 billion stimulus package (also a success, but perhaps insufficient), signed an even more historic universal health insurance plan (too soon to tell about how successful) and is about to pass necessary financial reform legislation.
That's a lot .
And while I'm on record in favor of placing a stiff price on carbon, and moving as quickly as possible toward alternative fuels, I suspect that yet another major Obama policy crusade would put the public on government overload just a few months before a significant election. So what he did last night and today--especially the $20 billion BP escrow account--seems good enough for now and I have no doubt that if the sky doesn't fall on his presidency, he'll be as persistent on green policy as he's been on everything else.
Un diario visivo sul ciclismo, la cultura della bici, le strade, i sentieri, la pista, le corse, il sudore, l'agonia, il tifo, l'euforia e il trionfo.