To the Point
Should Barack Obama Go Big or Go Cautious?
Barack Obama has said the economic crisis means that a range of campaign promises will have to be delayed. But he's also said there are "certain investments we cannot delay, precisely because the economy is in turmoil." Also, the Treasury Secretary shifts the focus of his bailout plan, and another humanitarian disaster in Africa.
By Warren Olney • • 1h 0m ListenBarack Obama has said the economic crisis means that a range of campaign promises will have to be delayed. But he's also said there are "certain investments we cannot delay, precisely because the economy is in turmoil." Was the election a mandate for big change or cautious pragmatism? We hear different opinions. Also, Treasury Secretary Paulson shifts the focus of his bailout plan, and UN peace-keepers are on the ground in the Democratic Republic of Congo, but a humanitarian disaster is happening anyway. We'll get the background.
Banner image: President-elect Barack Obama at his first post-election press conference last Friday, flanked by his vice president-elect Joe Biden (L), his new chief of staff Rahm Emanuel (R), and members of his Transition Economic Advisory Board. Photo: Scott Olson/Getty Images
