by jwright
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Failure to pass the so-called Stimulus bill will be a catastrophe? So says claims our new president. It’s so urgent that our economy may collapse if your grand-kids don’t borrow the dollars somewhere to fund these Spending programs? Excuse Me?
I don’t see a lot of stimulus or urgency in much of the following; all of which are included in Obama’s “stimulus” package, and it isn't bi-partisan in any way, shape of means:
$145 billion for “Making Work Pay” tax credits; $89 billion for Medicaid; $83 billion for the earned income credit; $79 billion for State Fiscal Stabilization Fund; $36 billion for expanded unemployment benefits; $30 billion for COBRA insurance extension; $20 billion for food stamps; $15 billion for boosting Pell Grant college scholarships; $15 billion for business-loss carry-backs; $8 billion for innovative technology loan guarantee program; $6.2 billion shall be for the Weatherization Assistance Program; $6 billion for university building projects; $4.5 billion for electricity grid; $4.5 billion for U.S. Army Corps of Engineers; $4.2 billion for “neighborhood stabilization activities”; $4 billion for job-training programs, including $1.2 billion to provide “youth” summer jobs for people up to the age of 24; $3.5 billion shall be for energy efficiency and conservation block grants; $3.4 billion shall be for the State Energy Program; $2.4 billion for carbon-capture; demonstration projects; $2 billion for federal child care block grants; $2 billion for renewable energy research; $2 billion for a “clean-coal” power plant in Illinois.
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Those are just a portion of the total bill.
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Columnist Charles Krauthammer wrote: “(Obama was elected) to create something new -- a new politics where the moneyed pork-barreling and corrupt logrolling of the past would give way to a bottom-up, grass-roots participatory democracy. That is what made Obama so dazzling and new.”
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Instead folks, we’re getting “perhaps the greatest frenzy of old-politics influence peddling ever seen in Washington.” This is not the “Change” I expected.
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jaq~
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Krauthammer source: http://www.washingtonpost.com/wp-dyn/content/article/2009/02/05/AR2009020502766_pf.html
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1 comment:
Anyone that actually believed Obama was going to bring something "new" to Washington does not understand liberal Democrats and hasn't followed national politics very long.
All during the campaign Obama was backtracking, explaining, apologizing, restating, and denying what he said about this or about that.
Obviously, I did not for under the Obama spell. :D
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