Speaking as an uber liberal, I sure hope Obama does NOT mess/raise the captital gains tax. That would be a colossal mistake and I hope that he is smart enough to realize that.
He must reign in gov spending and, as a Democrat, he may have a better chance of doing that, if Congress goes along.
The other part that may help, is reducing spending on the Iraq front. I agree with my Republican brothers and sisters that spending must be cut. I would like to see it on the defense side, with no more big gov programs or Depts. being created. Think Dept. of Homeland Security.