- BIG NEWS:
- John McCain
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- Barack Obama
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- Max Baucus
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- Sarah Palin
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One of the more fascinating spectator sports in recent weeks has been watching the behavior of the Republican apparatchik class as it sounds off on President Barack Obama's economic recovery package. A good example of this "frothing at the mouth" reaction is a February 5, 2009 blog penned by Jonathan Tobin, Executive Editor of Commentary.
Tobin, the former editor of a Jewish weekly newspaper, approaches the issue from a Jewish communal perspective. Like many Jewish movement conservatives, he is baffled and frustrated at the fact that most Jewish communal organizations are not slavishly committed to his own extreme conservative view of the world.
Tobin dismisses most of the Jewish communal organizations' support for the Obama stimulus plan as merely reflective of their commitment to "a statist, liberal welfare-state agenda-- even if it has very little to do with what is or is not good for the Jews." The support for the stimulus package by other Jewish organizations (most notably United Jewish Communities [UJC]) which can't be so easily dismissed, is, in Tobin's telling, merely a function of their self-serving devotion and addiction to government grants. Tobin ends his piece by dismissing the notion that the recovery package is about getting the country out of recession as "laughable."
There is so much cynicism and/or delusion in his post that it is hard to know where to begin a critique. One of the most damning lines in this piece is Tobin's dismissal of the fight over the stimulus package as merely "a partisan dust-up." This brings to mind Rush Limbaugh's recent comment that he wants President Obama to fail. Conservatives have a right to disagree with a Democratic administration, but are they seriously blind to the gravity of the current economic crisis? Are all policy disagreements with Obama, no matter what their consequences to the country, to be defined as mere partisan politics? Is this debate about how to reverse the worst economic downturn since the 1930s so trivial as to be dismissed as simply partisan bickering?
Then there are Tobin's ideological blinders. He can't bring himself to seriously analyze the possible reasons for Jewish communal support for social welfare spending. Is there no possible rationale for support of such programs in the extensive social justice themes of the Jewish tradition? Apparently not: it seems as if Tobin's response (similar to the historical response of many elites when their ideology is rejected by a sizeable democratic majority) is to dismiss the opinions of most of the American Jewish population with the notion that "the masses are asses."
The most stunning comments in this blog post is Tobin's argument that the Obama package is just a "massive federal spending bill" aimed at satiating the demands of liberal interest groups and "will do nothing to 'jump start' the economy." Thus the opinion of the vast majority of serious economists in this country is quickly dismissed with a sarcastic quip that the "[t]he notion that this money will get the country out of the recession is laughable and its authors know it."
As Obama so directly countered his "know-nothing" critics last week, the whole point of a stimulus is federal spending. Tobin and his conservative comrades can blithely dismiss the opinions of our most respected economic analysts on the need for massive federal spending at this juncture of a severe economic downturn (especially given the fact that the federal government has no monetary tools at its disposal). However, they are hard pressed to counter our historical experience from the 1930s and early 1940s of the efficacy of massive federal spending in times of economic crisis.
Most cynically, Tobin, like most congressional Republicans, finds minuscule pieces of the package they characterize as pork barrel spending and present us with no credible alternatives to the Obama plan. Should we assume that they'd like to go back to the GOP policies of the first third of the twentieth century-- balanced budgets and let the markets take care of the rest? Or should we assume that they want more of the policies of the recently discredited Bush administration-- massive tax cuts for the wealthiest-- even when conservative economists largely agree that tax cuts in general (and especially tax cuts for the rich) will be saved and not spent?
The good news about this Republican/conservative response is that in blindly attacking the Obama economic recovery, they have turned themselves into the true heirs of Herbert Hoover/laissez faire Republicananism-- a sure recipe for GOP political failure in the coming decade. The bad news is that with the filibuster tool, a minority of 40 GOP Senators can place political cynicism or ideological rigidity over the necessity to move quickly and decisively before this economic downturn turns into another Great Depression.
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Senate Stimulus Bill (Full Text)
Updated on February 8 The pdf is now available. * * * * * Updated on February 8 The compromise Senate stimulus bill has been...
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Obama Admin To Unveil New Rescue Plan For Banks
After weeks of internal debate, the Obama administration has settled on a plan to inject billions of dollars in fresh capital into banks and entice...
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Economists Agree: Pass Stimulus Package Immediately
While economists remain divided on the role of government generally, an overwhelming number from both parties are saying that a government stimulus package -- even...
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Obama Hits The Road Again To Sell A Stimulus Plan
WASHINGTON - The presidential campaign trail often loved Barack Obama more than he loved it back. When he was sworn in last month, he told...
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Why The Stimulus Is Too Small
There's a hurricane coming. Meteorologists aren't sure what category it will be but know it will be the worst in generations. There's a warehouse full...
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GOP Fired Up By Stimulus Battle: "We're Picking Good Fights"
You see it all over Capitol Hill, in the hallways, the hearing rooms, the gathering spots. Republicans, coming off a devastating, across-the-board electoral defeat, are...
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Krugman: Obama Let Centrists Hurt Stimulus Bill
What do you call someone who eliminates hundreds of thousands of American jobs, deprives millions of adequate health care and nutrition, undermines schools, but offers...
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Stimulus, Yes; Bank Bailout II, No
If Obama does his job he will mobilize public opinion and isolate Republicans who would rather sink the economy than give a Democratic president legislative success.
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Economic Stimulus: Investing in Vets Delivers a Huge Bang for the Buck
As the Senate begins to debate the stimulus package this week, our elected leaders must ensure that any plan fully supports the newest generation of veterans and their families.
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Bipartisanship Fetishism vs. What's Best for America: Obama Needs to Choose
At tonight's press conference, CBS's Chip Reid asked President Obama about whether, given the lack of bipartisanship on the stimulus bill, the White House was "moving away" from its "emphasis on bipartisanship?" Obama replied that his "bottom line when it comes to the recovery package" is: does it create or save jobs? That's good to hear because the president's actions over the last couple of weeks have left many wondering whether bipartisanship, rather than what's best for America, has been his priority. Perhaps there will come a day when the Venn diagrams of the Republican Party and the national interest actually intersect. But, at the moment, we find ourselves with a GOP whose leaders believe, among other things, that government jobs are not real jobs, and that Obama's stimulus plan is "the socialist way." Hard for bipartisanship to flourish in this kind of atmosphere.
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Billionaire For A Day: A More Entertaining Economic Stimulus Package
Let's do something to capture all Americans attention and by doing so make the economic stimulus package real to all of us: 800 Americans will each win a billion dollars.
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Palin's Facebook Page: Opposes Obama's Stimulus Plan
We learn on Facebook that Palin has "serious concerns" with Obama's stimulus package. Say what?
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Just imagine: What if McCain Had Won the Election and Obama had Shafted him During the Stimulus Debate?
Um, are McCain's feelings after losing an election the big question on people's minds in the nation? I think the stimulus package is the focus of the country right now, don't you?
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Stimulate Me!
Experts seem relatively unified, if such a thing is possible, on the issue of direct economic stimulus to every taxpayer. They're against it.
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Where's Ross Perot When You Need Him?
I'm ready for a little old fashioned Ross Perot specification of the expected outcomes of the stimulus package. This is what we call in education a "teachable moment."
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Rahm Throws Pelosi Under The Bus To Save Stimulus Bill
The story of the morning seems to be that the Obama team is unhappy with Nancy Pelosi and the House committee chairs for delivering up such a liberal, pork-laden bill that they themselves really had nothing to do with.
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Our Twin Crises
That we are unable to manage a functioning economy or deal with climate change because rapacious Wall Street traders have disproportionate political clout is a measure of our political dysfunction.
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Oh, About That "End" of the Obama Honeymoon ...
Where Obama may have made a mistake is in being too substantively accommodating with people who are basically not going to support him except in the event of an extraterrestrial invasion.
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Patriotic Extortion
Imagine if the Democrats had not pre-capitulated to the Republicans on the stimulus bill. Imagine if they had forced the Republicans to actually mount a filibuster.
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Steele Crazy After All This Year
We are witnessing, not so much the collapse of the Republican Party, as its slide into insanity. What was the GOP's great accomplishment last week? A show of "unity" enough to block the first stimulus package.
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Spaghetti Economics
We need to throw lots of spaghetti against the wall, and fast -- and continue to throw lots of spaghetti against the wall for at least a few years.
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Command and Control?
At a time when the country is virtually pleading with him to exert command and control, he has yielded that role to congressional partisans that the public doesn't quite know and almost certainly doesn't trust.
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Why the Stimulus is Needed, Part II
Given the decreases in personal consumption expenditures and gross private domestic investment, what are the chances of the consumer spending again or business investing again?
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House vs. Senate Stimulus Bills
Some highlights: The House version would spend $60 billion more on education -- the Senate version adds more than $100 billion for tax cuts to individuals and families.
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A Better Stimulus for the Economy
The problem with our economy is not weak spending, which is just a symptom of our predicament. The root problem is lack of confidence in the future.
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The Truth About the Stimulus Package
Until other countries are willing to do their share to stimulate the global economy, the Obama administration is right to lift our boat first.
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Operation Zero Cred
The GOP with Joe the Plumber on the Hill this week to discuss the economy. They should be summarily shut out of this process -- whether or not the president wants them out.
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Stimulus Package: If You Jump Halfway Across a Chasm You Fall Into the Abyss
If we are going to spend two trillion dollars (and most likely more) trying to deal with the economic crisis, shouldn't we do it right?
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Change vs. Bipartisanship: What Happens When You Throw a Bipartisan Party and Half the Guest List Stays Home?
The problem with a message of bipartisanship is that it makes it very difficult to tell the story of why things are so bad that we need dramatic change.
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Obama Financial Team to Taxpayers: You'll Get Nothing, and Like It
There's nothing that prevents the public from getting their fair share of any future bank profits appropriate to the high risk investment they are being forced to make.
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No, Seriously: Republicans Don't Get It
Investment in bike paths will not only improve our economy, and take our country in the right direction for the future; it is exactly the kind of investment the American people want.
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Selling Stimulus
What the administration needs, and what its senior advisers proved so adept at during the campaign, is a simpler, more compelling, campaign-style message for what this legislation is really about.
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A New Movement
There is a movement to strip billions of dollars from the stimulus bill led by Ben Nelson of Omaha (whose Democratic status is debatable) and Susan Collins (Republican) of Maine.
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Stimulating
As muddled as this economic stage may be -- and all major measures taken in crisis usually are -- it is born of the drive to reconstruct and not profiteer, and that alone is progress to applaud.
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Bipartisanship (is) for Dummies
The idea that we can turn this economy around by caving to the feckless demands of those who screwed it up in the first place is utterly bankrupt.
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Obama: Use This And the Jobs Bill Will Pass With a 100 Vote Margin
Our best salesman is Obama. There is no house or senate member who this president cannot roll over.
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Obama to Speak Monday Night on Stimulus While Rep. Pete Sessions Says Republicans Are the New Taliban
If the media hadn't acted so irresponsibly the past two weeks and President Obama hadn't tried to be so bipartisan, he might not have had to take to the airwaves, but that's not the case anymore.
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Pulling the Wool Over Our Eyes
The American people elected President Obama in record numbers to lead our country in a new direction, if the Republicans aren't willing to join him, the least they can do is get out of his way.
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Our Phone Calls Are Working, Don't Let Up!
If representatives know that's what their constituents want, they will be both more inclined to keep that critical public investment from the House bill, and act with the speed.
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Obama Undermines Jobs Mandate For the Sake of Bipartisanship
Roosevelt had the New Deal, Kennedy had the New Frontier, Johnson had the Great Society, and Obama has...the stimulus plan. An abstract goal with fungible components that valued process above all else.
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Lions Coach Up Steelers on Stimulus Package
How can anyone take the GOP seriously on economic policy? Agree or disagree on their philosophy; their record is demonstrably terrible. They are the Detroit Lions of Congress.
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Democrats in Congress Need to Learn How to Lead
I am losing patience with congressional Democrats' innate instinct to capitulate, something that has been evident since the November 2006 mid-term elections.
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Republicans Say They'd Support the "Right" Stimulus Bill, But Stimulus for Them Is Only More Tax Cuts
If you look closely at what the Republicans are saying, this isn't a debate on the merits of this stimulus legislation, but rather another round of policy battles fought during last year's campaign.
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In placing ideology over reality, the Republicans have once again demonstrated their basic contempt for democracy, in general, and American Values in particular.
Don't forget, these are the same people that said it was "Unamerican" to oppose the Iraq invasion, the Patriot Act, illegal wiretapping and questioning the President's policies. The same people that have redistributed wealth from the majority workers to the elite wealthy few by stealth and then screamed "Socialism! Redistribution of wealth!" when it was suggested that government policy should be aimed at giving the stolen monies back to low and middle income workers.
It's easy to sit back while your constituents starve in the streets when you make $167K+ which is more than 4 times the average income in this country.
The Republicans are like the guy who when there was a power failure he ran out to the store to buy light bulbs. Because that's what you do when the lights go out.
I honestly think they are deluded and not cynical. There is such a thing as economic religion - unquestioning reliance on articles of faith, regardless of the evidence. The properly religious way to stimulate the economy is to put money in the bank so that rich people will borrow it and invest it in profit-making enterprise. This works sometimes. The possibility that sometimes it does NOT work, because there is a "power failure" on the demand side, and the workers and middle class have so little purchasing power that new private investment doesn't make economic sense, doesn't enter some people's minds....
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