July 8, 2009

Professor Liberal's House of Waffles

Hatched by Dafydd

The Dithercratic Party just can't make up its mind about the economy and the budget; but at least they've narrowed down the options:

  • The Obama stimulus package may have been too much...
  • ...Or too little...
  • ...Or possibly just right.

But that's as fine as they can shave it:

Democrats who control the levers of power in Washington are divided over whether to push for more deficit spending to end the recession and stem job losses, complicating the possibility of a second stimulus bill....

President Barack Obama underscored the dilemma by addressing both sides of the argument. In an interview with ABC News yesterday, he said unemployment approaching 10 percent is something “we wrestle with constantly.” He added that spending more borrowed money is “potentially counterproductive.”

(Off the record, Barack H. Obama told the ABC interviewer, longtime journalist Rahm Emanuel, that in the event such a bill landed on the Oval Office desk, the president was "almost certain, or at least somewhat likely," to vote "present.")

The hemming and hawing makes little difference, because it's unlikely that a second stimulus porkage can be passed anyway: Given the colossal failure of the first Obamic mitzvah on the economy, liberal Democrats who favor a second will have to resort that time-honored rhetorical tool: In for a Penny, In for a Metric Tonne. While this works with most Democrats, the "Blue Dogs" will be less than blown away:

With the White House and congressional Democrats focused on a major health-care overhaul and a climate bill, some lawmakers expressed pessimism about the likelihood of such legislation.

“I’m not sure how you would do it,” said the Senate’s second-ranking Democrat, Dick Durbin of Illinois. He said he would leave any decision on the need for a fiscal stimulus to “the president’s evaluation.”

[And the Bellman cried “Silence! Not even a shriek!”
And excitedly tingled his bell

Republicans seized on the unemployment rate and job losses of about 6.5 million since the recession began in December 2007 as validation of their vote against the measure in February.

Senate Republican leader Mitch McConnell of Kentucky said in a floor speech yesterday that Democratic proponents of the stimulus program “over-promised on results and now their predictions are coming back to them.”

[“Oh, skip your dear uncle!” the Bellman exclaimed,
As he angrily tingled his bell

McConnell mocked the idea of another stimulus. He called it “mind-boggling” and a worse idea than the previous one, which he said “has been demonstrably proven to have failed.” He added, “There is no education in the second kick of a mule.” [George Allen lives! -- the Mgt.]

The Democrats made their beds, and now they've got a tiger by the tail. It's not likely to wriggle off the hook by Fall, when the liberal elite hoped to pass yet another unstimulating stimulus -- this time harder and louder.

Now if only I could feel more confident about the deposing of King Capintax and the midnight burial of ObamaCare... with a garlic steak through its heart.

Hatched by Dafydd on this day, July 8, 2009, at the time of 7:14 PM

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The following hissed in response by: Geoman

The stimulus package was all three, too big, too little, and just right.

It was too big - we can't possibly afford it and certainly , for the money spent, we have very little to show for it.

It was too little - it didn't work, so it MUST have been too little, right?

It was just right - certainly the Dems got all the pork they dreamed of.

What a dilemma!

Why is it that no one is suggesting repealing the stimulus package? I mean only 20% or so has been spent, and seems to be having almost no effect. Why not cancel the rest and re-evaluate?

The above hissed in response by: Geoman [TypeKey Profile Page] at July 9, 2009 9:52 AM

The following hissed in response by: meMC

To be or not to be? That is the question.

The above hissed in response by: meMC [TypeKey Profile Page] at July 9, 2009 2:07 PM

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