It is interesting to look at the things people think Obama's election means for the future of the country. My biggest worry is that something like universal healthcare will pass. People don't like the results of a relatively free market determining who gets medical treatment, but I don't trust the government to do anything better.
The bigger problem is the cultural implications of the nation wanting universal healthcare. What has happened to the American independent spirit which drives people to pick themselves up by their own bootstraps? If healthcare pases this time, it will be because most Americans want it. That is more troubling than the results to the healthcare system.
Looking to government to solve every little problem is a slippery slope to mediocrity. Just look at all the financial bailouts. There is no way passing out money like this will make any of these businesses successful in the long run. Now any business in trouble will come, hat in hand, to Washington asking for money. They will say they are "too big to fail" or "too many jobs are at risk". That is no way to create innovation and economic growth.
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