Uh oh. It looks like we’re doing exactly the wrong things on multiple fronts if we want to increase economic growth. Dan Mitchell’s video explains it in very understandable terms. And there’s actually evidence from around the world to back him up.
Is Roland Burris about to be thrown under the bus by D.C. and Illinois Democrats?
If so, there is a replacement waiting in the wings. And she’s too rich to be corrupted even by the Illinois machine.
I agree with this piece that Congress has a batch of ethics problems, but I don’t think this is right: “The ethics-sensitive tone set by President Obama may make it harder for lawmakers on Capitol Hill to sweep ethics controversies under the rug.” I dunno — when you have a tax cheat as Treasury Secretary and throw ethics waivers around like confetti I think it tells Congress, “Anything goes.”
David Paterson is apparently very vulnerable. But let’s get real — any incumbent up for election before there is a significant economic recovery is in for a tough race.
Sen. Chris Dodd is in trouble too. Which goes to show that if you are going to get a sweetheart deal on your mortgage and then try to cover it up, it’s best not to do it in an economic recession caused by a housing meltdown.
As Scott Johnson delicately put it, Norm Coleman’s legal team has “not served him well.”
Ruth Marcus says the stimulus plan vote will be the “high water” mark for GOP unity. Well, it will be hard in the future to get more than 100% of the GOP House votes, I’ll give her that.
The Fairness Doctrine is such an awful idea even Jimmy Carter can figure it out.
Newsweek is closing bureaus. Newsweek has bureaus? Since they are just an opinion outlet now (well, they admit it now) why do they need to go anywhere?
James Antle, I think, gets it exactly right: the House and virtually all of the Senate Republicans did about all they could to oppose the stimulus, advertise its weaknesses and offer alternatives. I realize conservative pundits are grouchy, but I’m at a loss to think what more the Congressional Republicans could have done — other than have won more seats in the 2008 election, of course.
And to prove the point Minority Leader John Boehner releases a statement linking to the GOP’s alternative plan and offering this handy statistic about the Democrats’ plan: “It’s a raw deal for American families, providing just $1.10 per day in relief for workers while saddling every family with $9,400 in added debt to pay for special-interest programs and pork-barrel projects. ”
Claudia Rosett is not pleased: “Obama promised transparency, careful consideration, and responsible spending. What we have at this point is a monumental new IOU signed by Obama on our behalf. . . ” Nor does she like the new faulty website: ” Apparently it is not Obama’s job to read what he signs; that falls to the rest of us.”
The Air Force is making its pitch for the F-22. If everyone is looking for “shovel ready” this seems to be a no-brainer — the alternative being 95,000 jobs (direct and indirect) lost this year if the production line shuts down. Do those get taken out of the 3.5 million jobs Obama is going to create or save?
You mean states can save up money for bad economic times?? Wow.
Megan McArdle argues, “There is no simple narrative of the Great Depression that allows you to atttribute the ultimate recovery to trend output to the simple magic of the New Deal.” Well, there is a simple one — the one the MSM and Democrats keep repeating — but not an accurate one, which is what she means.
The Republicans they can grab the NY-20, Kirsten Gillibrand’s old seat. I wonder if the Democrat Scott Murphy agrees with the remarks of Chuck Schumer, who is campaigning for him, that the American people don’t care about all the “porky” parts of the stimulus.
This interview with Karl Rove tells me two things. First, Rove thinks that as long as Republicans stick to their guns and watch their rhetoric (e.g. stick to the facts of the bill, offer solutions) they’ll be in fine shape. And, second, Matt Lauer conducts a better interview, by far than David Gregory. (Maybe NBC should give Lauer Meet The Press before the brand is ruined.)
I refuse to believe Bill Press is this dim. Maybe he’s auditioning to be the new Alan Colmes for Sean Hannity.