Wednesday, January 28, 2009

Obama: We Must Act Quickly to Fix the Economy!

Obama wants congress to act quickly to pass the "stimulus" bull -- I mean bill -- in order to get the economy back on track.

If I might steal a clip from WTKK-FM's Michael Graham, it seems that quick action is needed to keep Americans from finding out exactly what is in that bill:

Here's a roundup of all the info you need to understand just how badly you're about to get spanked:

  • The Wall Street Journal gives an overview of the $900 billion price tag and the politics at work.
  • Jim Manzi at National Review Online points out that President Obama's "Create Jobs" plan will spend more on elementary school education programs and HHS pork than on highway projects.
  • James Pethokoukis at US News provides a litany of opinions by economists, including some in the Obama camp, who have previously argued that what Our Dear Leader is proposing today just won't work.
  • And some good news that the message is getting out, despite ObamaPelosi rushing the bill through the House with virtually no debate:

When Obama used patriotic terms to defend the inclusion of $200 million to spruce up the National Mall in a closed meeting Tuesday with House Republicans, Rep. Peter Roskam of Illinois told him he shouldn't "wrap yourself in the flag," according to Rep. Zach Wamp, R-Tenn.

White House press secretary Robert Gibbs pushed back Tuesday after Obama's two meetings with House and Senate Republicans. "You can make a very credible case … that reconditioning the National Mall will create jobs, probably through spending in small businesses," he said. However, late Tuesday, the $200 million appropriation for the Mall was dropped from the House bill, Politico reported.

A message to the House of Representatives: Act quickly before the money for that Frisbee golf course in Texas is yanked, too! The country cannot possibly recover without Frisbee golf!!

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