–updated–
Stimulus. Mimulus. I understand that Obama wants his economic plan to be bi-partisan, but that he’s obviously working himself to the degree he is to get approval from Republicans reminds me of the play of children at recess. Nice exercise, but at some point reality of learning comes into play. The learning being ignored is that giving Republicans the spotlight on the stimulus bill only gives them power they don’t have right now.
Democrats are worried too, but not because the stimulus goes too far.
Republican criticism of the stimulus package that the House will vote on tonight has focused on its soaring price tag, but some Democrats on Capitol Hill and other administration supporters are voicing a separate critique: that the plan may fall short in its broader goal of transforming the American economy over the long term….For some House Democrats, the problem is less a matter of balancing the short and long term than a shortage of focus and will on the part of the administration. Their disappointment centers on the relatively small amount devoted to long-lasting infrastructure investments in favor of spending on a long list of government programs. While each serves a purpose, the critics say, they add up to less than the sum of their parts, and fall far short of the transformative New Deal-like vision many of them had entertained.
The bill to be voted on today includes $30 billion for roads and bridges, $9 billion for public transit and $1 billion for inter-city rail — less than 5 percent of the package’s total spending. Administration officials have said they did not push for more infrastructure spending because of concerns about how many projects are “shovel ready” — a view that House members say is held most strongly by Lawrence H. Summers, Obama’s chief economic adviser. [...]
I’ve got to tell you, I’m not just a little concerned. For one thing, I will never get why Dems are stripping different things out of the bill in order to appease Republicans of anything. Now, whether the optics of the contraceptive money was smart is one issue, but can anyone doubt preventing pregnancies in poor women saves money and effort in the long run? It was stripped because of how it sounded on wingnut radio. Okay. But hearing more from Democrats in the House, put on top of the fact that Republicans were impressed with Obama but haven’t changed their minds that were made up from the start, I’ve got to wonder about all this work to get Republicans on board. Sometimes chasing cover is just that.
Segue to David Sirota, with whom I agree totally.
Let me reiterate a really fundamental point here. I’m going to put it in all caps, in bold and in italics because its so friggin’ fundamental: HOUSE REPUBLICANS, BECAUSE THEY CANNOT FILIBUSTER, ARE THE MOST POLITICALLY IRRELEVANT GROUP OF PEOPLE IN ALL OF AMERICAN POLITICS. David Sirota :: Obama’s Conflicting Signals After Meeting With Irrelevant House Republicans.They have not a single shred of legislative power to stop, amend or reform an economic stimulus package, unless Obama gives it to them by giving them attention. Why Obama would spend time meeting with them is inexplicable. Why, if AP is right, he would consider loading down the economic recovery package with their wholly discredited tax cuts is beyond inexplicable – it’s ludicrous. And remember another point I’m going to put in bold face and italics: NOBODY HAS MADE ANY SUBSTANTIVE CASE THAT ANY TAX CUTS THE REPUBLICANS ARE PUSHING ARE BETTER FOR JOB CREATION AND ECONOMIC GROWTH THAN PUTTING THE MONEY INTO MORE PUBLIC SPENDING.
Obama’s not going to get cover through Republicans jumping on his bandwagon. He better make sure Democrats feel it’s worth it and will supply it.
UPDATE: You all may appreciate this, but Obama today gave Washingtonians grief for being wimps about weather, saying people need “some flinty Chicago toughness.” Evidently, Obama’s kids were off school because of weather. “Because of what? Ice,” quipped Obama. Additionally, here are the biz leaders present for the confab before he spoke: Steve Appleton, Chairman, President and CEO, Micron Technology David Barger, CEO, Jet Blue Greg Brown, President and Co-CEO, Motorola, Inc. John Bryson, President and CEO, Edison International David M. Cote, Chairman and CEO, Honeywell Debra Lee, President and CEO, BET Holdings, Inc. Anne Mulcahy, Chairman and CEO, Xerox Sam Palmisano, Chairman, CEO and President, IBM Antonio Perez, Chairman and CEO, Eastman Kodak Company Eric Schmidt, Chairman and CEO, Google Michael Splinter, Applied Materials Wendell Weeks, Chairman and CEO, Corning Ron Williams, CEO, Aetna.
Due to tech. snafu, a duplicate post went up originally, but is now completely changed out with the post above.