Obama's luxury is that the economic demands of the moment almost perfectly coincide with his political interests. With even conservative economists urging Obama not only to cut taxes but also to spend and spend and spend some more, he has an opportunity to keep a whole raft of political promises all at once.
Middle-class tax cuts? Practically a done deal. New investments in green technologies? No problem. "Smart" meters to help households save on energy costs, plus a new electricity grid? A natural. Universal broadband? It's about future growth. Investments in medical information technologies? Good for jobs now; good later for cost containment, better treatment and health insurance reform.
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