Democrats lower expectations on recovery

Lower expectations seem to be all we’re getting these days. The AP reports on this morning’s talk shows:

At the end of the Obama administration’s first week, the party in power at both ends of Pennsylvania Avenue sought to lower expectations for a quick fix despite legislation expected to pass by next month that would pump billions of dollars into the economy. Democrats also opened the door for even more government aid to struggling banks beyond the $700 billion bailout already in the pipeline.

$825 billion more is planned and the economy will still be in the toilet? Makes you wonder if “stimulus” is just a timely euphemism for “payback” to those unions and non-taxpayers that got someone elected recently.

I’ve been trying to get real details on the plan. Not much out there, folks. Best I can find right now is this four-page cheerleading memorandum. I’m just blown away how many times the poor are mentioned and how little is being done for the working class.

Given the article we read this morning, I tend to believe anything done on behalf of the poor is really being done to expand the government distribution system. An awful lot of money goes out, but most of it is gobbled up in feeding the government expansion beast and fraud.

Comments

  1. Randy in Richmond says:

    We were all just having a quiet Sunday, not even any football. Here’s just a few more things on the list:
    $650 million for digital TV coupons.
    $6 billion for colleges/universities – many which have billion dollar endowments.
    $166 billion in direct aid to states – many of which have failed to budget wisely.
    $50 million in funding for the National Endowment of the Arts.
    $44 million for repairs to U.S. Department of Agriculture headquarters.
    $200 million for the National Mall, including grass planting.
    $400 million for “National Treasures

    You’re right Cindy, a billion is the new million, or is it a trillion is the new billion. Neither one can be good.

  2. The Lorax says:

    I just want to say about the national mall grass planting, if you’ve been there lately you know how unkept it is. Now, i’m not saying $200 mil is justified whatsoever.

    But everyone is making fun of the fact that they are appropriating money for the national mall. Remember this is a national monument and D.C. isn’t a state that get’s to control its own destiny.

  3. The Lorax says:
  4. (Yes, it’s late. Middle of the night, let the doggy out break.)

    So maybe the $200 mil should be added to the expense of the inauguration?

    Thanks for the lnk. I knew it had to be somewhere. Whee! 2am reading.

    (It’s like having a newborn again.)

  5. Randy in Richmond says:

    After meeting with the President Sen. Jonn Boehner pointed out another entry in the stimulus package of ” hundreds of millions of dollars for contraceptives”. He asked how this would create jobs and help the economy. I’m now wondering if the Dems have a different kind of stimulating in mind.

    http://republicanleader.house.gov/News/DocumentSingle.aspx?DocumentID=109292

  6. Randy in Richmond says:

    Just how much is a billion dollars? Imagine on the day Christ was born a bucket, a big bucket, was placed in your back yard and there was a fairy (not you Tink) that each hour every day put $50.00 in the bucket since Christ’s birth. You would still be a little short of a billion as it would have taken about $57.00/hour to reach one billion dollars.
    That said the new stimulus package provides 4.19 billion dollars for ‘Community Development’. There were funds in the ‘Housing and Economy Recovery Act of 2008 that were also provided in this category for local and state governments. The newly proposed package also includes as eligible “nonprofit entities”. Ding-Ding-Ding-Ding-Ding…. That’s the sound of a slot machine hitting the jackpot for none other than ACORN and like entities. It’s payback time, only those involved won’t be stupid enough to talk about it on the telephone and maybe be taped.

  7. Cindy, when I visited last summer the grounds were horrible. Dead sod, goose crap everywhere, the reflecting pool is murky and filled with old socks, mud, twigs and leaves. It’s not very well-kept. But then again, we take pride in our landscapes in the Midwest and particularly Wisconsin more than other places in the USA.

  8. Then you should ask yourself why that happened, Lorax. Don’t just throw money at it without knowing what went wrong.

  9. I didn’t say throw money at it either. Just griping about how ugly it was. And wishing it wasn’t so ugly.

    Not playing politics, Cin.

  10. Randy in Richmond says:

    Word is the contraceptive funding will be dropped from the stimulus package at the request of Obama. This is primarily due to Nancy Pelosi’s brilliant explanation that it was a cost saving move by having less babies born. Personally I see this as a very smart move by Obama.