The Stimulus That Isn't

[SHRED]

~ Snippet ~

The watershed year 2008 was a political moment when an incoming Democratic president had all the raw material for a dramatic break with the old order -- when Republicans, Wall Street, and laissez-faire ideology were primed to take a richly deserved fall for the economic collapse.

Obama chose not to pursue that course. Instead, he identified himself with reviving Wall Street and pursued a feckless bipartisanship and a feeble recovery program.

Last spring, Obama and his aides were on the road assuring everyone that the administration's economic program would produce a "Recovery Summer," which never came. Now, Obama is repeating the mistake. Adviser Larry Summers' valedictory message is that the even weaker tonic of the tax deal will somehow restore economic jobs and growth. Crying recovery, when recovery doesn't come, is even riskier than crying wolf.

Six months from now, when the economy is still in the doldrums, either Obama or some other Democrat had better stand up for a real economic recovery program -- or no Republican will be too grizzly to be elected president in 2012.

http://www.huffingtonpost.com/robert-kuttner/the-stimulus-that-isnt_b_798872.html

This will be an interesting year.

[INdemo]

1. Most of us as Democrats figured this out about 8 months ago

when the healthcare insurance bill became a subsidy for the insurance companies and all those great speeches turned out to be just that ..great speeches.With all those promises about infrastructure overhaul and jobs,jobs,jobs just never came about.
So maybe the Huffington Post staff is a little late on this one.

[4dsc]

2. This is a dead end street Democrats are on

If the Democratic party wants any chance to succeed in 2012 they have to get off this bandwagon of being the party of economic development and put the blame squarely on the republicans and their corporate masters. As long as Democrat's own this issue we are stuck with it and the republicans use it against us. We are playing Rove's game and he's winning.

[FreakinDJ]

3. The Economic Recovery was "Outsourced" to China

which benefited more from the Stimulus Funds then the American Middle Class

When are people going to realize "There will be no economic recovery until these one-sided trade deals are corrected"