RSS 2.0 FeedObama-little — Economic Sky Is Falling If Stimulus Doesn’t Pass Soon
by Brad WarbianyObama: “We need to do something!”
Congress: “This is something.”
Obama: “That’s good enough for me.”
The president rejected several complaints about the plan, including arguments that tax cuts alone would solve the problem or that longer-term goals such as energy independence and health care reform should wait. Obama opposed such piecemeal approaches.
Instead, he argued that recalcitrant lawmakers need to get behind him, saying the American people embraced his ideas when they elected him president in November.
…
“A failure to act, and act now, will turn crisis into a catastrophe and guarantee a longer recession, a less robust recovery, and a more uncertain future,”
Just how does this square with his own quotes, as Reason points out:
Last fall Barack Obama said the nation’s economic troubles had occurred because “everyone was living beyond their means,” including politicians who “spent money they didn’t have.” Last month he regretted “our collective failure to make hard choices” and heralded “a new era of responsibility.”
So which is it, Mr. President? Should we rush headlong into a stimulus bill without major debate, a bill that appears to be little more than a giveaway of pork to industries already reeling with cholesterol from the Bush days? Or should we make some “tough decisions” about “spending money we don’t have”? Perhaps we should usher in a new era of fiduciary responsibility to follow the spendthrift ways of your predecessor?
I seem to remember the Democrats showing regret after the Patriot Act was passed, suggesting that it was offered up in haste and crisis by Bush, and that they’d wished they’d debated it a little bit more. Now that their own is in power, will we actually see the promised “change”?
