Change We Might Be Able To Believe In
Nov 10th, 2008 | By Dawn R. Rivers | Category: Politics & PolicyThe results of the U.S. presidential election would seem to be old news by now — not that the passage of a mere six days have stopped journalists and columnists from writing about him, his historic election, and what John McCain did wrong, ad nauseum. So, while many pundits are still hyperventilating over the shock of an America that would elect an unabashedly cerebral African-American as its president, there is the small matter of an economy that has frequently been described as “faltering” in recent news accounts — which has to be one of the great understatements of our time.
The National Association for the Self-Employed (NASE) is viewing an impending Obama Administration with tempered optimism. On the one hand, some of the proposals fielded by the Obama campaign were promising, especially their emphasis on access to capital. At the same time, areas of continuing concern are health care and tax policy. Kristie Darien, executive director of the NASE’s legislative office, said during an interview that they will be keeping a close eye on issues such as Obama’s health care initiative in the individual market, the tax gap, tax reform and the status of independent contractors. Overall, we’ll give the incoming Obama team the benefit of the doubt and give them lots of rope for self-hanging.