Archive for the ‘Tom Friedman’ Category

Obama: It Seems Nobody Likes Your Stimulus

February 12, 2009

There is already a chorus of critics on the left and the right saying the stimulus is all wrong.

Al Sharpton and a pack of economists say it doesn’t spend enough.

And Wall Street Journal economists surveyed said the recovery will likely not come this year.

Al Sharpton criticizes Democrats over stimulus bill

 Obama: No Vision as Foundation to Spending; Except Maybe Socialism

Despite Stimulus, Economists’ Hopes for Second-Half Recovery Fade

Stimulus: China Will Fund U.S. Debt But “We Hate You Guys”

GOP Rep Says Stimulus is Garbage, Details “Intentionally Hidden from Lawmakers, American Voters”

Many Republicans say they get credit for holding spending down.

I say it has no vision and tend to agree with Tom Friedman of the New York Times who wrote:

“We don’t want to come out of this crisis with just inflation, a mountain of debt and more shovel-ready jobs. We want to — we have to — come out of it with a new Intel, Google, Microsoft and Apple. I would have loved to have seen the stimulus package include a government-funded venture capital bank to help finance all the start-ups that are clearly not starting up today — in the clean-energy space they’re dying like flies — because of a lack of liquidity from traditional lending sources.”

And most Americans see nothing happening and “experts” saying “it will work over a few years.”

Hard to swallow in the era of instant gratification.

Bill Sammon, a frequent talking head on Fox News, said this afternoon that the Democrats and their drive for overspending and the president’s constant foot on the feel good accelerator “has unwittingly given the Republicans their mojo back.”

Republican Sen. Judd Gregg of New Hampshire abruptly withdrew his nomination as commerce secretary Thursday, citing “irresolvable conflicts” with President Barack Obama’s handling of the economic stimulus and 2010 census.

Obama Commerce Secretary Nominee Judd Gregg Withdraws

Republicans stuck by their core values and mostly stuck together on the stimulus.  The only voices heard speaking about the long term implications of our huge debt — something the independent CBO underscored — and the tremendous downside of this borrowed-spending were from conservatives.

Now despite a week of Obama “town hall” meetings and pep talks, I can’t hear the music and words of  “Joy for the Stimulus” wafting through the air.

That’s because the stimulus is, in many ways, a pork fest developed by Nancy Pelosi and the very liberal and near sighted Democrats in the House.

Now Nancy-and-the-nearsighted have blown most of the available money for the other earth changing plans they covet.

House Speaker Nancy Pelosi of Calif., enters Ford's Theatre ... 
House Speaker Nancy Pelosi of Calif., enters Ford’s Theatre for its reopening and the bicentennial celebration of Lincoln’s birth, in Washington, on Wednesday, Feb. 11, 2009. George Lucas is to receive the Lincoln Medal in honor of his accomplishments.(AP Photo/Jacquelyn Martin)

And, I find it difficult to swallow the president’s constant snuggling with Abraham Lincoln.  I just don’t buy it and here’s why.

During his Monday evening news conference didn’t President Obama characterize the stimulus debate as a talk between those who had a solution (Democrats) and those who had no solution (Republicans)?

I think so.  He threw bipartisanship and unity away.

Then today he urged all Americans to unite as Lincoln would have us do.  Forgive and forget.  We all serve under one flag.

You know what?  I gagged.

The president and his pals want to run the census, spend all the money in the treasury, and change the course of America in the direction of socialism.

And they have made it pretty clear they don’t want to hear from the “Republicans who got us into this.”

“I won” a few weeks ago is now, today, on Lincoln’t Birthday, “Why can’t you guys unite behind me?” 

There is an ugly implied “you guys are not real patriots” here….

 Still, we wondered if Mr. Obama could over-do the Lincoln analogy. Is it in his political interest to mind-meld with another president? Is he being presumptuous? Is he raising expectations?  See:

Obama’s “My way or the highway” vs “better ideas”

Tom Friedman: