WWW.CHANGE.GOV

now that is change! the word is the domain name!

the INKSPOT•PROJECT is elated to see president-elect obama quickly transitioning to power - lightening fast. in fact, the website just went online hours ago and is currently being uploaded. rahm emanuel was just tapped as obama's "chief of staff" and it is less than 48 hours since vitcory.

understandably.

president obama will have plenty of work to do. anyone who saw the new president-elect barack obama's speech in grant park could sense the somber tone of a man who appreciates the enormity of the challenges that lay ahead.  barack obama conveyed strength and confidence with humility and respect.

and he spoke eloquently about the dawning of a new day in america. "change has come to america," declared barack obama.

like so many people in the u.s., and around the world, here at the INKSPOT, we are inspired, excited and comforted by obama's victory. and we especially hope that candidate obama's plan to restore fiscal discipline becomes a priority during his first term.  

given the current u.s. economic crisis, the issues of fiscal discipline and the national debt are currently not a high priority.  however, between 2010-2012, president obama can make some progress towards fiscal discipline and reducing the u.s. reliance on deficit spending. this will go a long way towards his re-election chances in 2012.

but before we get way ahead of ourselves... president obama simply needs to move forward on his pledge to reinstate PAYGO rules, soon after the more-than-likely stimulus package is enacted.

"Obama and Biden believe that a critical step in restoring fiscal discipline is enforcing pay-as-you-go (PAYGO) budgeting rules which require new spending commitments or tax changes to be paid for by cuts to other programs or new revenue."

the INKSPOT certainly hopes this pledge is not lost in the midst of the fray, as we are very concerned about the ongoing monumental shift of wealth from tomorrow's american tax payers to today's.

PLAN FOR RESTORING FISCAL DISCIPLINE

“The cost of our debt is one of the fastest growing expenses in the federal budget. This rising debt is a hidden domestic enemy, robbing our cities and states of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on. . . . If Washington were serious about honest tax relief in this country, we'd see an effort to reduce our national debt by returning to responsible fiscal policies.”

— Barack Obama, Speech in the U.S. Senate, March 13, 2006