Jeff Madrick

Jeff Madrick

Posted February 13, 2009 | 10:35 AM (EST)

All praise to Obama for a change

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There is a lot of concern about this stimulus package. It isn't enough, yes. It has too many tax cuts, yes.

But let's keep in mind how far and how quickly we've come. A few months ago, no one would hae guessed this was possible. And no one would have guessed a down payment on our infrastructure, energy, broadband and education needs could have been made.

If we step back, we realize this is quite a start. I, too, wish Obama would give up the bipartisan attempts that backfire. I wish he attached only a hundred billion dollars of tax cuts to his original proposal, with the idea he'd then negotiate with the opposition, not turn them to his point of view.

But I urge us to recognize the extent of this achievement and the good it will do for the economy. I also have lots of troubles wit the Geithner plan. But we've come a long way in a short time. Praise to Obama and his political team.

 
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Praise Obama and his political team for a "stimulus" bill that won't cause any stimulus? Why? And what happened to thast "we'll post the bill online for 48 hours before we vote" promise from the Dems? Are they afraid someone will notice even more pork?

    Favorite    Flag as abusive Posted 11:15 AM on 02/13/2009
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