Obama had better find his sea legs ... in a hurry
Monday, February 9, 2009 at 09:26PM We're used to seeing uneven performances at presidential press conferences. In fact, we've grown accustomed to it over the past eight years.
But I didn't expect to see one tonight.
Someone needs to tell President Obama to stop campaigning and start governing. This "the sky is falling so you must pass this horrid bill" approach just isn't working. And every time he shouts it, it works even less.
I think the President is genuinely baffled as to why the body politic isn't applauding this "stimulus" bill. Answer: it's an awful piece of legislation. It will do little to actually stimulate the economy, but a lot to pile on a trillion dollars in unnecessary debt.
If the administration was serious about preventing a "catastrophe", they'd figure out more ways to get money directly into the hands of consumers, such as ... um, I don't know ... tax cuts? Investments in infrastructure, green energy, and the like is fine, and will eventually stimulate economy activity, but the $300 billion or so in outright pork and earmarks is simply a waste of dough. Either eliminate it from the bill, or convert into something useful like a capital gains or corporate tax cut.
It's a crappy, crappy bill ... that's why there's so much resistance. Time to own up to it.
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