I had been watching some interviews with economics experts on various news channels leading up to the election. They pretty much all said the same thing (paraphrasing); "It's all well and good to make promises and want to make changes but there simply won't be enough money available to do it. The Bush Administration has pretty much emptied the coffers with uncontrolled spending over the last 8 years. What had started as a "surplus" back in 2000 is now a huge, multi-trillion dollar deficit."
(BTW, I'm not Bush-bashing here. This is what others had said.)
So, add to that the current economic woes and the eroding of the middle class and it's not hard to see what the reality will be IMO...