Feeds:
Posts
Comments

Posts Tagged ‘stimulus’

The Guardian of the UK writes that Obama should run on the success of the stimulus because, “Everything you think you know about it is wrong: stimulus saved the US economy, and only Republicans stopped it working better.” And the story goes on.

“…the stimulus measure was “the biggest and most transformative energy bill in history”, and “the biggest and most transformative education reform bill since the Great Society”. It was also a “transformative healthcare bill”, the “biggest foray into industrial policy since FDR”, the “biggest expansion of antipoverty initiatives since Lyndon Johnson”, and – ironically, for a president oft-accused of raising taxes – the “biggest middle-class tax cut since Reagan”. It rebuilt bridges and paved roads; weatherized and retrofitted homes; and spurred the move toward high-speed rail.”

“That, three and a half years after it was passed into law, most Americans simply have no idea what the Recovery Act wrought is a truly damning indictment of the US media.

The other part of this story comes from across the aisle and involves the Republican party, which, with the exceptions of three senators (Collins, Snowe and Specter), voted unanimously against the bill, and which, since it passed, has repeatedly lied about its impact.”
Why Obama Should Campaign on the Success of the Stimulas–The Guardian UK

Read Full Post »

The US economy created nearly 200,000 jobs last month. That’s weak growth historically speaking, but far better than during the eight years the Republicans held sway in Washington DC during the corrupt Bush years. During the Obama years, the Republicans roared bitterly against Obama’s stimulus, saying it wouldn’t work, even as they supported the Bush TARP bailout. They were the party of “no.” Now that they’ve failed in their objective, now that they put their party above the good of the nation, and above the good of the 99 percent, they look like a bunch of loser, goofballs that have nothing to offer the country. And that’s especially true of that job destroyer, Mitt Romney.

Click here for the complete story

Read Full Post »

Follow

Get every new post delivered to your Inbox.

Join 1,013 other followers