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Republicans killed the President's Stimulus bill... in 1993

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IndianaGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 12:23 PM
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Republicans killed the President's Stimulus bill... in 1993
Edited on Sat Feb-07-09 12:23 PM by IndianaGreen
And we see the usual suspects today belittling the need for Obama's stimulus package that did their share in scuttling President Clinton's stimulus in 1993. Here is George Will:

NATIONAL PSYCHOTHERAPY

Today's "stimulus package" is psychotherapy for a nation that very recently has become too fixated on the stock market, which has declined three consecutive years for the first time since 1939-1941. But the stock market and the economy are not identical, and indeed they have diverged -- the market slump has been more severe than the recent recession, the mildest since 1945.

President Clinton's 1993 push for a stimulus package flowed from candidate Clinton's 1992 claim that the economy was in crisis. Actually, the supposed crisis -- at that point, the mildest recession since 1945 -- had ended before the election: The economy grew at a 3.1 percent annual rate in the third quarter of 1992. Kerrey's stimulus package was more stimulating.

http://www.pittsburghlive.com/x/pittsburghtrib/opinion/columnists/will/s_111565.html


This is only déjà vu if we fall back on the same trap of accommodating the GOP's failed philosophy and policies. We need progressive economics, not more of the "bipartisan" horseshit that led us to where we are today.
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La Lioness Priyanka Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 12:24 PM
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1. the clintons eat babies or kittens. we are unsure. nt
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 12:59 PM
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2. The recession in 1992 was horrible. The author of that is some shit republic
with their head up their ass.
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Aloha Spirit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 01:15 PM
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3. " However, any significant tax cut, meaning any cut large enough to prod this enormous economy, must
must be largely a cut for the rich because only they pay significant taxes."

FAIL

George Will. He sounds so smart. I guess not everybody is good at math.
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 01:42 PM
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4. Yes, that was when Richard Shelby began his long fallout with Bill Clinton and the party
He mocked the plan on TV, voted for the fillibuster, and then Clinton decided to punish Shelby by moving a 375 million $ space program from Huntsville, Alabama (Shelby's state) to the Johnson Space Center in Houston.

Beautiful.
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-09 01:44 PM
Response to Reply #4
5. Shelby was an ass as was John Breaux
I remember it all to well.
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Numba6 Donating Member (355 posts) Send PM | Profile | Ignore Sat Feb-07-09 06:28 PM
Response to Original message
6. why cite a right wing maggot vanity publication for anything other than drivel?
Otherwise known as Richard Mellon Scaife

or see

http://blogs.wsj.com/washwire/2008/03/26/political-perceptions-hillary-and-the-right-wing-conspiracy/

The publication you cite is “a money-losing fringe publication published by… a bilious and wealthy crank who spent the 1990s manufacturing vile innuendo about the Clintons," it is still the epicenter of “the vast right-wing conspiracy”
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