Ben Smith reports on Obama and entitlement reform:
The relative silence of liberal activists who smashed Bush’s hopes of slowing entitlement spending is a mark of the deep trust Obama enjoys from the left of his party — and it’s also giving hope to those who would like to see major shifts in the way Social Security and other programs are funded and managed.
Obama is “in a honeymoon phase, and many liberals are afraid to express concerns,” said Rep. Jim Cooper, a Tennessee Democrat and deficit hawk who sees the current economic crisis as an opportunity to reform entitlement spending.
Given the new levels of debt accrued to counter this deflation, I’m not sure we’re going to have a choice. Never waste a crisis.