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My favorite part is the bag at the end. My only disappointment is they missed the opportunity to use the line, “Those jobs weren’t even on the table.”
So much for the idea that the cool, conceited, competence of Obama and his team would raise our standing in the world and make our allies respect us again. Yeesh, even Italy is lecturing us about fiscal discipline, and Italy’s debt exceeds its gross national product. “If the problem is an excess of debt, the [...]
President Obama specifically asked Representative Schock’s constituents to contact Schock to urge him to vote for the bill. It was a total failure:
Senator Tom Coburn published his remarks on the stimulus bill. The entire thing is worthwhile, but the section listing much of the nonsense in it is especially notable: I am going to wind up here and finish, but I wanted to spend some time to make sure the American people know what is in this [...]
From a Blog at the Chicago Tribune. Mayor Richard Daley said today Chicago has compiled a wish list of “shovel-ready projects” to spend federal economic stimulus funds on should Congress approve a plan. Unlike hundreds of other cities, however, Daley said Chicago won’t make its list public. “Yes, we do, we have our list, we’ve [...]
Worse than doing nothing: President Obama’s economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday. CBO, the official scorekeepers for legislation, said the House and Senate bills will help in the short term but result in so [...]
This is a brilliant soundbite: Twice today, CNN has done short segments on Senate Minority Leader Mitch McConnell’s declaration that, To give the proposed economic stimulus plan some perspective, “if you started the day Jesus Christ was born and spent $1 million every day since then, you still wouldn’t have spent $1 trillion.” Both times [...]
UPDATE: This might not be chargeable to Obama: The Obama White House on Monday backed away from House Speaker Nancy Pelosi’s support for increased federal funding of contraception in the $825-billion stimulus bill now under consideration by Congress. h/t Ace If so, my apologies to Obama and to Catholics for Obama. Let’s see how this [...]
Not the Ramones, Kevin Hasssett on January 12: We are in the midst of a crisis caused by so many financial institutions borrowing too much money. Somehow, a critical mass of policy makers now believes that the correct response is for the U.S. government to borrow too much money. ****** This year may establish a [...]
