He is also starting to indicate that he may not repeal the Bush tax cuts but instead let them live out their couple more years. As I have said before, there is a good chance that, at least in terms of the economy, Obama will come around to realize that his original plan is not right for the state of things as we now know them. he may look a whole lot more like a Republican than a liberal in this regard.
I am still not convinced that putting too many eggs of a stimulus package in the infrastructure rebuilding basket is right. I think that approach is narrow, will take too long to see results, and will end up with lots of pork. But it is better than nothing.
I like the idea of incentives for clean and renewable energy but those should be happening regardless and should not be tied up as part of the economic stimulus package. It will take more than just short term encouragement of clean and renewable energy to really bring about the change that our country needs, especially if gas prices stay down.
And I still would like to see large incentives for consumers to buy fuel efficient US-assembled vehicles. The auto industry woes are starting to affect makers other than the Big Three. Forget about the US producers for a second -- we could end up losing our country's auto industry entirely out of this. Let's stimulate the auto industry now ... bring optimisim to consumers ... and shore up credit from the banks ... with large cash back incentives to buy fuel efficient US-assembled vehicles. They can be done as long term low interest loans to the manufacturers.