Note the following from Marc Ambinder’s account of the meeting between President Obama and the House GOP over the stimulus package:
The President admitted that all of the spending [for the stimulus] can’t be done in two or three years.
So, the President is finally admitting that the government won’t be able to spend all of the stimulus money during the period the recession is likely to last.
We now see–in the event that we did not see earlier–that the effort to pass a stimulus package has significantly less to do with jump-starting the economy and more to do with implementing a massive public works bill that has been at the top of the Democratic Party’s wish list. The recession is just an excuse for this public works package. Recall, of course, that contra Naomi Klein, the real “Shock Doctrine” has been pursued not by Milton Friedman, but by his ideological opponents, who are more than willing to cynically use an economic crisis to advance their ideological agenda. This is just the latest evidence of the attempt to advance the Democratic Shock Doctrine to burden the country with a stimulus package that we do not need, do not want, will do nothing for our economy and will only serve to wreck whatever remains of our fiscal health.
This is the behavior and activity that the Democrats have denounced and claimed to abhor for the past eight years. This is the behavior and activity that they promised to change and bring to an end.
Yeah right. Tell me another one.
Neil Stevens
Aaron Gardner
Leon Wolf
JadedByPolitics
Michael Becker
That's a lot of money
RedFox84 Wednesday, January 28th at 3:22AM EST (link)So much money that even Congress can’t spend it fast enough?
Damn.
It's a sad day for the US Congress
JustLeaveMeAlone Wednesday, January 28th at 3:49AM EST (link)when they can’t manage to actually spend $825 billion.
Hey, I have an idea. Maybe we should all be patriotic and help them out. They can give us all the $2,700 apiece this Spending Bill (I refuse to call it Stimulus) calls for, and we could each spend it for them!
We could do things like bring mortgages up to date, or buy some of those Detroitmobiles, or send our kids to college, or put solar panels on our homes, or invest in our small businesses.
Such a plan might just solve the housing crisis, solve the Detroit/UAW crisis, educate the next generation, aid in our energy independence, and (gasp) create jobs!
Naw, that would make too much sense.
“To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical.” Thomas Jefferson
Don't Strike
OccamsRazor Wednesday, January 28th at 4:24AM EST (link)While the hammer is HOT…make the hammer HOT by STRIKING.
This Democratic stimulus is only a slow death. The rush is on between the Aristocracy and the American People. Call, email, fax.
Who here has the fire to post the numbers instead of blog about it?