stimulus plan

Oh Good Grief .... It's over a 1000 pages !

Back on January 30 I wrote an article about HR1 and just those short two weeks ago HR 1 was 600 plus pages (I know I read it !) and now even though the "cost" of the package came down,HR 1 has increased in size by almost double.

Well the stimulus package is already working if you think about it.

The print shop is busy.

 

Lyndon Evans

Artlyn Entertainment

 

Paul Krugman Analyses What "Centrist" Cuts in Stimulus Package Will Mean to the U.S. Economy. The News Is Not Good

In today's New YorkTimes, Krugman puts a job-loss number to cuts in the Obama Stimulus Package. He estimates that at least 600,000 American jobs will be lost over the next two years if the "centrists" are allowed to dictate terms of a "compromise" bill.

Now the centrists have shaved off $86 billion in spending — much of it among the most effective and most needed parts of the plan. In particular, aid to state governments, which are in desperate straits, is both fast — because it prevents spending cuts rather than having to start up new projects — and effective, because it would in fact be spent; plus state and local governments are cutting back on essentials, so the social value of this spending would be high. But in the name of mighty centrism, $40 billion of that aid has been cut out.

Jane Hamsher in the Washington Post discuss some background to the present attempt to make Nancy Pelosi and the Congressional Democrats who put together the original package, look bad. Rahm Throws Pelosi Under the Bus to Save Stimulus Bill.

Is Rush Limbaugh on Drugs Again, or Simply the World's Biggest Ego Trip?

BENEATH THE SPIN • ERIC L. WATTREE

Is Rush Limbaugh on Drugs Again, or Simply the World's Biggest Ego Trip?

 

Ultra Conservative Political shock jock, Rush Limbaugh, seems to have finally slipped off the reservation. It is hard to know whether he's back on drugs, or if the recent election returns have caused him to lose his mind all together.