FEMA was the poster child for federal incompetence, according to the consensus media narrative of the New Orleans flooding disaster. But the true poster child was and is the US Army Corps of Engineers.
Do conservatives want their spawn to be carping 75 years from now that public investment didn't create a clean energy economy, didn't establish high-speed rail, and didn't lift our economy out of the ditch?
President-Elect Obama is clearly a very smart guy and a very good politician. Unlike the last Dem with those credentials, he's also exceedingly disciplined. Those qualities will come up against a couple of very major problems.