My big takeaway from Barack Obama's press conference today: Anyone who expects him to significantly scale back his spending plans because of the looming gigantic budget deficit is crazy. Sounded like full-speed ahead to me on energy and infrastructure investments, among others. (Hey, that is the fun part of the job!) ... As for taxes, he reiterated his claim that his plan is a net tax cut and that that the goal of his plan "is to provide tax relief for families that are struggling." Sounds like the the tax hikes are still in. I also note that market plunged as he was talking.

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Laura of AZ 11:00PM November 08, 2008
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