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Tuesday, January 20, 2009
"There are no shortcuts or quick fixes to this crisis"
That quote, from President Barack Obama, appears on the OMB website. Disappointing to say the least. Perhaps the reason why Obama is so cautious is because his OMB chief, Peter Orszag--a noted fiscal conservative and deficit hawk--is pictured sitting right next to him. Orszag's concern over deficits is probably what keeps his boss from being more optimistic. It's discouraging.