The Rise and Fall of Hope and Change

The Rise and Fall of Hope and Change



Alexis de Toqueville

The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.
Alexis de Tocqueville

The United States Capitol Building

The United States Capitol Building

The Constitutional Convention

The Constitutional Convention

The Continental Congress

The Continental Congress

George Washington at Valley Forge

George Washington at Valley Forge


Tuesday, January 25, 2011

Had Enough Stimulus? Obama Hasn't

From The American Thinker:

January 24, 2011


Had enough 'stimulus'? Not Obama

Rick Moran

Many thanks to Senator Dick Durbin for pointing out that President Obama's new spending plan he is unveiling tomorrow night at the State of the Union is "part of a stimulus."



Politico:





Senate Majority Whip Dick Durbin (D-Ill.) on Sunday called new proposed spending expected to be rolled out in President Obama's State of the Union address part of a stimulus.

"It's part of a stimulus. but we're sensitive to the deficit," Durbin said on "Fox News Sunday" when asked by host Chris Wallace about the president's expected plans to call for more spending for infrastructure, education, research in his State of the Union address Tuesday night to a joint session of Congress.





Noting his support for the president's deficit commission recommendations, Durbin said Congress should be cautious about large spending cuts until the economy is showing sustained patterns of growth.





"They said be careful," he said citing the report. "Don't start the serious spending cuts, the deficit reduction, until were clearly out of the recession in 2013. We've got to make sure this economy is growing with more jobs, more business success."





I will point out again that there is an inherently profound disconnect when Democrats actually believe you can both cut spending and increase spending while meaningfully cutting the deficit. It's a trick of accounting because spending increases and cuts are usually factored in over a period of many years so the Democrats will maximize their PR by pointing to the several years of spending cuts while hiding the budgetary "out year" spending. It's not a new trick, but it's still dishonest no matter which party does it.



The GOP is set to oppose the president on any spending increases - stimulus or not. I think the country has had quite enough of "stimulus spending" that doesn't create jobs and only rewards the president's allies.











Posted at 09:26 AM

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