Politics: what's wrong w/ a liberal president?

Oddly enough, the Des Moines Register's endorsement of Kerry is getting mad props throughout the blogosphere. A favorite excerpt:

Yes, Kerry is liberal. But what's to fear from a liberal president? That he would run big deficits? That he would increase federal spending? That he would expand the power of the federal government over individuals' lives? Nothing Kerry could do could top what President Bush has already done in those realms.