Let's hope it proves valuable.
Lets hope we see the smallest amount of value before the American economy completely implodes.
I would love to debate the merits of individual policies all day long. Between the stimulus, bailouts and healthcare we've already got a hole that can't be filled that was dug by policies that were short sighted and badly engineered in the first place (yes, some from Bush). Sure, they all have redeeming principles in them, but the actual implementation leaves much to be desired. All of that aside, Obama's biggest problem is one of scope. You can't quadruple the national deficit in one year and add nearly $5 trillion (number from the CBO) to the national debt in as many years and then go on to (at a minimum - again numbers from the CBO & WSJ) double the energy costs for the AVERAGE American... We've already passed the legislation necessary to completely destroy the economy... this will just help it come faster.
Obama and his administration seem to only consider the ideal situation... the one in which their policies work out exactly as they intended... unfortunately they aren't and will continue to go awry, cap&trade included.
I, like you, see our destruction of the environment as a debt to future generations and actions must be taken to protect the world for the future, however, please consider the fact that our children won't have a future if we've spent out economy into oblivion. If you are ok with the United States going up to 25% unemployment again, people by the tens-of-millions living on the streets on in shelters, and your children having little to no education (or an advantage really) to speak of all for the protection of the environment, then I guess such considerations need not be made. I, however, will give my votes and support to people who are willing to find a hybrid between prosperity and environmentalism.
"More software projects have gone awry for lack of calendar time than for all other causes combined." -- Fred Brooks, Jr., _The Mythical Man Month_