Soon-to-be President Barack Obama claimed this morning that his 'give it to me now" economic stimulus plan would save 4 million jobs. Earlier this week, he said the plan would create 3 million jobs.
All of these claims are good for the moment. But an increasing number of top-notch columnists and economists are doubting Obama's plan can do what it claims. As David Brooks of The New York Times said yesterday, Obama is trying to jam his entire domestic agenda in the stimulus bill.
Such a move is unprecedented by a president, and then to demand that the measure be on his desk to sign on Jan. 20, is something from of outer space and Never Never Land.
I'm all for supporting Obama. But I am not for trusting any man making all these kind of wild claims with NO insurance that his plan will do what he says. The risk of making him a lame duck president so early in his term is quite real if he continues to demand so with a history of such plans delivering very little.
Remember that for all that FDR did, America did NOT rise out of its Depression until the full-employment historical moment of World War II. America does not need another FDR. The best thing for the economy may be to do nothing at all and then to let Americans to finally pay for 30 years of riotous living.
That's what our grandparents did. What makes us more deserving to be exempt?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment