Wednesday, June 10, 2009

Avoighting Reality!

"President Barack Obama promised Monday to speed federal money into hundreds of public works projects this summer, vowing that 600,000 jobs would be created or saved."

Brett Blackledge, "Obama facing high unemploymenbt, defends stimulus," Yahoo News, June 8, 2009.

Numbers! Numbers! If you put out a number of jobs to be created, someone will certainly count. So, you make things as fuzzily concrete as possible -- jobs created, jobs saved, direct jobs, indirect jobs, full-time jobs, part-time jobs, good jobs, bad jobs. Invoke the multiplier if you've got the guts.

There is no doubt that more stimulus dollars will get out the door faster over the next few months and have some impact. At the same time, the jobs picture is likely to get worse, even if at a less worse pace. Maybe the economy will need another jolt -- of capital of all sorts. And there's also no doubt that recovery will take time and continue to challenge our economy in old and new ways. What's next?

Meanwhile: "...Newt Gingrich said President Barack Obama's plan to fix and economy...has 'already failed.'"

Heidi Przybyla, "Gingrich at Republican Fundraiser Says Obama's 'Already Failed,'" Yahoo News, June 9, 2009.

So the recovery plan has failed before starting? Republicans should care more about making the plan succeed or presenting new, plausible ideas for the next round. Instead, they haul out Jon Voight to reprise his 24 role as right-wing nut.

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